Mobileye to wind down aftermarket solutions unit

Jerusalem--(business wire)--mobileye has chosen to wind down its aftermarket solutions unit that provides retrofitted advanced driver assistance technology, after a thorough review of this unit's business prospects and investment needs. as automakers and other vehicle manufacturers have steadily increased the rate at which integrated adas solutions are installed on new vehicles, the demand and future addressable market for retrofitted adas solutions has declined. as a result, this division has.
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