According to the report from the Korean Economic Daily, Samsung has secured a semiconductor production order from Mobileye, a leading developer of autonomous driving technology under Intel, to produce chips for advanced driver assistance systems.
The chips will be used in certain products under Mobileye's EyeQ 5 model, a car-grade system-on-chip (SoC) based on 7 to 28 nanometer technology. Mobileye has already commercialized its EyeQ1-5 models, which are used by global brands such as Volvo, BMW, Tesla, Audi, Nissan, and Geely.
Mobileye, founded in 1999, is a global leader in computer vision-based autonomous driving technology. Intel acquired the company for $15.3 billion in 2017, and it went public on NASDAQ last October with a market value of $33.4 billion.
Mobileye primarily uses chips provided by TSMC. The production threshold for autonomous driving chips is high and must pass rigorous safety testing in extreme environments such as -40°C and 100°C.
Currently, Samsung is working to expand its contract manufacturing customer base in the automotive industry. In February, the company announced that it had signed a semiconductor supply agreement with Ambarella, a US chip design company, based on 5-nanometer technology to manufacture the CV3-AD685 artificial intelligence central domain controller for cars. In addition, Samsung has been supplying chips to Tesla since 2019.