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Microvision: New Information About Competitor Bosch

|Includes: Microvision, Inc. (MVIS)

"Record Investment: Bosch Goes Big on German Chip Production for MEMS."

"Car parts maker Bosch is preparing to invest up to €1 billion ($1.1 billion) into a new chip production site in Germany’s eastern city of Dresden."

"With chip factory in Dresden, Bosch wants to build Lidar based on MEMS."

But it is unconfirmend whether Bosch is really ramping up for MEMS LiDAR and whether it is related to business of Microvision and Microvison may collect license fees.

Handelsblatt Global on Microvision's (NASDAQ:MVIS) competitor Bosch: "The so-called micro-electro-mechanical systems, also known under the acronym MEMS, power cameras, radar sensors and laser scanners, which are all crucial in the development of self-driving cars. Since 2013, Bosch has been developing special circuits for the interpretation of MEMS signals. The new plant will be tasked with producing such circuits on a large scale"

More information and source: Bosch Goes Big on German Chip Production

From "" article (by Google translate):

- "On June 19, 2017, Bosch announced in Dresden that the company plans to build a factory for MEMS-based Lidar sensors by the end of 2019.... invest a billion in 300 mm technology there... Automated driving is only possible with Lidar as the third sensor next to the camera and Radar."

- "Lidar a "sensible addition to radar and camera sensors""

- "Bosch Lidar was one of the partners in the three-year BMBF Collaborative Project PLUS (pulse laser and scanner) as a consortium partner. PLUS deals with ToF-Lidar (ToF: Time-of-Flight) on a semiconductor basis. The companies Robert Bosch GmbH, Bosch Sensortec GmbH, Philips Photonics GmbH, eagleyard Photonics GmbH, FISBA Photonics GmbH, Jena-Optronik GmbH, PicoLAS GmbH, iC-Haus GmbH and the Ferdinand Braun Institute, Leibnitz Institute for High Frequency Technology (FBH). With the Ferdinand Braun Institute, real laser specialists belong to the team"

- "Robert Bosch Venture Capital GmbH, to the US company Tetravue... in the amount of US $ 10 million. Tetravue is working on "Solid State HD Lidar"."

- "Tetravue... uses a standard CMOS process and CCD pixel technology, which is available in megapixel arrays, to "achieve a ten-fold higher resolution than other 3D technologies", with the system being used both during the day and night...Solid-State Lidar, which operates according to the ToF method, is generally "more efficient than other Lidar methods"."

More information and source:

- Google Übersetzer

Google Übersetzer

Google Übersetzer

Disclosure: I am/we are long MVIS.