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Mobileye Elects To End The Internal Development Of Next-Generation FMCW Lidars; Lidar R&D Unit To Be Wound Down By End Of 2024, Affecting About 100 Employees

Author: Benzinga Newsdesk | September 09, 2024 07:38am

This decision was based on a variety of factors, including substantial progress on EyeQ6-based computer vision perception, increased clarity on the performance of internally developed imaging radar, and continued better-than-expected cost reductions in third-party time-of-flight lidar units.

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