Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Smart Eye Announces Three New Driver Monitoring System Design Wins
January 30, 2023 | Smart EyeEstimated reading time: 1 minute
Smart Eye has been nominated to deliver its world-leading Driver Monitoring System (DMS) software to three additional car models. The estimated revenue of the order is SEK 30 million based on estimated product life cycle projections.
Gothenburg, Sweden – January 30, 2023 – Smart Eye, the leading developer of DMS software for the automotive industry, will deliver its technology to three new car models by a major Japanese car manufacturer. The customer has previously chosen Smart Eye’s software for implementation in several of its earlier car models.
The new car models including Smart Eye’s technology are expected to go into production in Europe in 2026. The estimated revenue for the order is SEK 30 million, based on product life cycle volume projections.
“These additional car models are as welcome as they are expected,” said Martin Krantz, CEO and Founder of Smart Eye. “This Japanese OEM is ramping up production of its first car models with DMS and that’s usually when we get additional design wins on existing car platforms. More of this kind of add-on volume should be anticipated.”
Smart Eye has now received a total of up to 197 design wins from 18 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 3.865 billion. The estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is SEK 4.045 billion.
Share on:
Suggested Items
Designing for Cost to Manufacture
11/21/2024 | Marcy LaRont, I-Connect007ICAPE's Richard Koensgen, a seasoned field application engineer with a rich background in PCB technology, shares his journey of working with customers and manufacturers through the intricacies of circuit board development and emphasizes the importance of early-stage collaboration with PCB designers. With a focus on tackling the most challenging aspects of PCB design and manufacturing, he discusses everything from layout considerations to the thermal challenges of today's technology when it comes to designing for cost.
OSI Systems Receives $11M Order for Electronic Assemblies
11/21/2024 | BUSINESS WIREOSI Systems, Inc announced that its Optoelectronics and Manufacturing division has received an order for approximately $11 million to provide critical electronic sub-assemblies for a leading-edge healthcare original equipment manufacturer (OEM), known for innovative and specialized medical solutions.
CHIPS for America Announces Up to $300M in Funding to Boost U.S. Semiconductor Packaging
11/21/2024 | U.S. Chamber of CommerceThe Biden-Harris Administration announced that the U.S. Department of Commerce (DOC) is entering negotiations to invest up to $300 million in advanced packaging research projects in Georgia, California, and Arizona to accelerate the development of cutting-edge technologies essential to the semiconductor industry.
NTT, Olympus Joint Demonstration Shows IOWN APN's Low-latency Capability
11/21/2024 | JCN NewswireNTT Corporation and Olympus Corporation announced that, following the start of their joint experiment in March of the world’s first cloud endoscope system which processes endoscopic videos on the cloud, they jointly established a cloud endoscopy system utilizing the IOWN APN technology.
Hon Hai Joins OpenUSD Alliance to Promote Standardized and Open Source Universal Scenario Description (USD) Technology
11/21/2024 | Hon Hai Technology GroupHon Hai Technology Group , the world’s largest technology manufacturing and service provider, announced that it has joined the Alliance for OpenUSD (AOUSD ) to support the construction of a 3D ecosystem and promote Cooperation among various industries around the world promotes the standardization of Universal Scene Description (USD ).