Fresh PCB Concepts: Key Considerations for Reliability, Performance, and Compliance in PCBs
Elementary Mr. Watson: Navigating RF—A Glide Path Approach to Design Success
Designers Notebook: Layer Stackup Planning for RF Circuit Boards
AEye Announces Partnership with Leading Automotive Electronics and Vision Solutions Provider, LITEON
May 13, 2024 | BUSINESS WIREEstimated reading time: 1 minute
AEye, Inc., a global leader in adaptive, high-performance lidar solutions, today announced that the non-binding Letter of Intent (“LOI”) announced in March is with LITEON Technology Corporation and is intended to provide AEye with a customer channel and industrialization partnership. Both companies will work together to supply AEye’s 4Sight™-based lidar products to automotive original equipment manufacturers (OEMs) who are focused on safety through automotive Advanced Driver Assistance Systems (“ADAS”). This is a logical collaboration as AEye continues to focus on its unique capital light business model, which leverages automotive Tier 1 partnerships to deliver AEye’s lidar solutions to OEMs through world-class pipelines.
Matt Fisch, AEye CEO, said, “We believe that LITEON is an ideal partner for us. Their innovative spirit, vast experience in providing solutions to the automotive ADAS market, combined with their cutting-edge industrialization capability will enable us to provide the industry’s leading long-range lidar solutions at a very competitive cost to our customers. We are already collaborating on the OEM RFI/RFQ pipeline and I’m enthusiastic about our combined ability to capture a significant portion of the market.”
LITEON is a leading, global provider of electronic solutions for automotive OEMs around the world. With over four decades of expertise in the automotive electronics industry, LITEON harnesses its core competencies in optoelectronics and power management to pioneer the future of automotive electronics. Leveraging their various manufacturing facilities, LITEON supplies services from design to manufacturing to most of the top Tier 1s and OEMs in Europe and North America.
The companies are excited about this new chapter and look forward to partnering to bring AEye’s 4Sight solution to the automotive market. This partnership is poised to pioneer the industry, leveraging their unique expertise to propel the future of autonomous driving.
Share on:
Suggested Items
Hikrobot Integrates Wiferion Technology Into AMRs
04/30/2025 | HikrobotIn the automotive industry, every second counts. AMRs have to work without interruption - charging breaks mean less productivity. Hikrobot, one of the world's leading providers of mobile robotics, therefore relies on Wiferion's wireless charging technology, which has already established itself as the standard in the industry.
Elektrobit, Metoak Forge Strategic Partnership to Establish New Benchmark for Intelligent Driving Safety Ecosystem
04/29/2025 | ElektrobitElektrobit announced a comprehensive strategic partnership with Metoak, a leading Chinese provider of intelligent driving solutions.
Hikrobot Integrates Wiferion Technology into AMRs
04/29/2025 | WiferionIn the automotive industry, every second counts. AMRs have to work without interruption - charging breaks mean less productivity. Hikrobot, one of the world's leading providers of mobile robotics, therefore relies on Wiferion's wireless charging technology, which has already established itself as the standard in the industry.
Visteon, Qualcomm Redefine Next-Generation AI-based Intelligent Cockpit Experience
04/28/2025 | PRNewswireAt Auto Shanghai 2025, Visteon Corporation, a global leader in automotive cockpit electronics, and leading automotive technology company, Qualcomm Technologies, Inc., announced a technology collaboration to bring groundbreaking capabilities to the automotive industry with Visteon's new high-performance cockpit system, powered by Visteon's automotive artificial intelligence (AI) framework, cognitoAI, and Qualcomm Technologies Snapdragon® Cockpit Elite Platform.
Flex Wins Two 2025 PACE Awards for Innovation in Automotive Compute and Power Electronics
04/22/2025 | PRNewswireFlex was named a two-time 2025 Automotive News PACE Award winner at the awards ceremony on April 15, recognized for its industry-leading Jupiter Compute Platform and Backup DC/DC Converter design platforms.