Exclusive-Mobileye set to ship at least 46 million new assisted driving chips

SAN FRANCISCO - Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive.

Mobileye did not disclose names of the customers for EyeQ6 because it was bound by non-disclosure agreements. The company counts Volkswagen (ETR: But in an effort to differentiate themselves amid rising competition, automakers have been adding an array of more basic driver-assistance features. "It can support all five star ratings globally, but be extremely power efficient and cost efficient," Nehushtan said."That's kind of the mission statement of this chip."

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