Smart Eye Design Win from Chinese OEM
World leader in developing AI-powered eye tracking technology Smart Eye AB has received a new design win from one of China’s largest
World leader in developing AI-powered eye tracking technology Smart Eye AB has received a new design win from one of China’s largest OEMs. The order is for one new car model on a new platform, with estimated revenue of 50 MSEK. Smart Eye will deliver their driver monitoring solution to another major Chinese OEM. The new car model is estimated to go into production during Q1 2022. The customer is one of the largest OEMs in China, and Smart Eye’s third customer on the Chinese market. In order to secure the order, Smart Eye has partnered with a global Tier 1 supplier.
With the latest contract, Smart Eye has received a total of 84 design wins from 13 OEMs. The combined estimated lifetime value from current design wins is now larger than 2150 MSEK. The potential of securing more car models on the new platforms is at least 300 MSEK. Estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is now 4100 MSEK.