Mobileye to end internal lidar development

Jerusalem--(business wire)--mobileye (nasdaq: mbly) has chosen to end the internal development of next-generation frequency modulated continuous wave (fmcw) lidars for use in autonomous and highly automated driving systems. as part of our regular review of the long-term technology roadmap, we now believe that the availability of next-generation fmcw lidar is less essential to our roadmap for eyes-off systems. this decision was based on a variety of factors, including substantial progress on our.
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