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 - Calterah, a Chinese sensors specialist, operates with just nine employees in its Munich office, yet its European chief, Peter Wiese, remains confident that the company will secure a significant market share in Germany. The firm has already secured several European automotive clients, with more reportedly on the horizon, the manager told the Handelsblatt.
Globally, over 300 automobile models are equipped with Calterah's radar chips, not just in China but also in Europe and the United States. An increasing number of Chinese semiconductor providers are vying for a piece of the German automotive industry. This presents them with the toughest competition worldwide, as the primary domestic chipmakers are European: Infineon, headquartered in Munich, leads followed by NXP from the Netherlands. However, the question remains - do Chinese suppliers truly 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.
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