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Dutch chipmaker NXP and South Korea's bitsensing in radar deal
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Dutch chipmaker NXP and South Korea's bitsensing in radar deal
Dec 16, 2024 5:43 AM

AMSTERDAM, Dec 16 (Reuters) - South Korean startup

bitsensing has entered a partnership with Dutch computer chip

manufacturer NXP to sell radar systems used in cars,

the Asian company's CEO told Reuters on Monday.

The deal will focus on combining NXP's radar chips with

bitsensing's radar hardware and software, CEO Jae-Eun Lee said

in an email without disclosing financial terms.

The radar technology of bitsensing has better range than

that of its competitors and the ability to operate in horizontal

and vertical planes, the company says.

Lee said that radar, frequently used in safety applications,

generally has an edge over lidar and cameras in poor weather.

The company has raised $52 million since it was founded in 2018.

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