Technology: China's chip manufacturers 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.
Calterah, a Chinese sensor specialist, has a small Munich office with 9 employees but aims high, with European head Peter Wiese expecting significant market share gains. The company already has several European automotive customers and sees more on the horizon. Over 300 car models worldwide are equipped with Calterah's radar chips, including in Europe and the US. Chinese semiconductor providers like Calterah are increasingly competing with European auto chip makers, led by Germany's Infineon and Netherlands-based NXP.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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