Technology: China's chipmakers looking for customers in Germany's automotive industry
Chinese semiconductor suppliers want to massively gain shares in the automotive business in Germany. For German companies, the alternative from China is not without risk. Keyword: geopolitics.
Munich and Shanghai, China's sensors specialist Calterah operates a small office in Munich with only nine employees. However, their European head Peter Wiese remains convinced that the company will secure significant market share in Germany. Calterah has already secured clients from the European automotive industry, with more on the horizon, according to the manager who spoke to the Handelsblatt.
Globally, more than 300 automobile models are equipped with Calterah's radar chips, not only in China but also in Europe and the United States. Increasingly, Chinese semiconductor providers are venturing into the German automotive industry, facing stiff competition from the largest domestic chipmakers. Infineon, based in Munich, tops the list, followed by NXP from the Netherlands. The question remains, do Chinese providers stand a chance in Germany?
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
