China-based IC design house Will Semiconductor Shanghai generated revenues of CNY2.3 billion (US$356 million) from automotive CMOS image sensors (CIS) in 2021, hiking about 85% on year, according to industry sources.
Will Semiconductor posted consolidated revenues of CNY24.104 billion and net profit of CNY4.476 billion for 2021, increasing 21.59% and 65.41% on year, respectively, the sources said.
As China-based smartphone vendors have cut orders released to supply chain makers to cope with shrinking demand, Will Semiconductor has shifted operational focus for business growth from CIS used in smartphone cameras to models used in automotive cameras, the sources noted. The company showcased several automotive CIS models at CES 2022, including OX08B40, OX05B1S and OX03D.
Specifically for automotive CIS, Will Semiconductor has partnered with Nvidia, Japan-based Renesas Electronics and Australia-based Seeing Machines, the sources indicated.
Growing demand for electric vehicles and autonomous driving applications will lead to increased orders for car-use lenses, the sources noted.
Article translated by Adam Hwang
