Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Autoliv Inc.    ALV

AUTOLIV INC. (ALV)
Mes dernières consult.
Most popular
Report
Delayed Quote. Delayed  - 01/19 10:02:00 pm
136.44 USD   +0.56%
01/16 GERMANY'S CONTI : sources
01/16 Germany's Continental hires JP Morgan for potential break-up - so..
01/10 AUTOLIV : Invitation to Autoliv's Q4 2017 Teleconference
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Bosch sticks to own technology in face of Intel-Mobileye merger

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2017 | 03:59pm CET

Bosch, the world's biggest maker of automotive components, will continue to develop its own visual technology regardless of Intel's (>> Intel Corporation) $15 billion (12.31 billion pounds) deal to buy Mobileye (>> Mobileye NV), an executive said on Wednesday.

Bosch, the world's biggest maker of automotive components, will continue to develop its own visual technology regardless of Intel's (>> Intel Corporation) $15 billion (12.31 billion pounds) deal to buy Mobileye (>> Mobileye NV), an executive said on Wednesday.

Germany's Bosch competes with Israel's Mobileye, which supplies integrated cameras, chips and software for advanced driver assistance systems (ADAS) that are essential for autonomous driving, and owns about 70 percent of the market.

"We are investing a lot of money in our own video technology and we want to stick with this strategy," Bosch managing board member Dirk Hoheisel, who is in charge of mobility services, told a news conference at the Bosch Connected World exhibition.

The acquisition of Mobileye by Intel, the world's biggest chipmaker, promises to escalate the arms race among carmakers and suppliers to acquire autonomous vehicle technology. The deal was announced on Monday.

Bosch Chief Executive Volkmar Denner said it was too early to say what effect the merger would have on the competitive landscape or Bosch's own strategy.

"I can only comment about the two companies as of today. Intel is a major chip supplier and therefore also partner of Bosch. Mobileye today is clearly a competitor," he said.

"What the future merger will bring, we will have to see. We will talk of course to Intel and Mobileye."

Bosch, along with rivals including Autoliv (>> Autoliv Inc.) and Continental (>> Continental AG), have decided to stick to plans to develop their own technology for the current generation of ADAS, unlike for example Valeo (>> Valéo), which stopped in-house development and decided to buy Mobileye's products instead.

Bosch also relies on an array of partnerships with software makers including SAP (>> SAP SE), Software AG (>> Software AG), IBM (>> International Business Machines Corp.), General Electric (>> General Electric Company) and Amazon (>> Amazon.com, Inc.).

The co-founder of Mobileye as well as the chief executive of chipmaker Nvidia (>> NVIDIA Corporation), with whom Bosch has a partnership in on-board computers, are also due to speak at the Bosch exhibition in Berlin.

Nvidia CEO Jen-Hsun Huang is expected to give more details on Thursday of the partnership with Bosch, in which they will develop artificial intelligence to guide self-driving cars through complex traffic situations.

The computers will be designed to learn how to use knowledge about the vehicle's surroundings gathered with the help of cameras and sensors to make intelligent decisions about how to act, for example to avoid a pedestrian crossing the road.

The on-board systems to enable fully automated driving are planned to come onto the market from 2020.

"Of course, we still have to prove that an autonomous car does better in driving and has less accidents than a human being... so it's a promise," Denner told the news conference.

(Reporting by Georgina Prodhan; editing by Susan Thomas)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AUTOLIV INC.
01/16 GERMANY'S CONTINENTAL HIRES JP MORGA : sources
01/16 Germany's Continental hires JP Morgan for potential break-up - sources
01/11 SEEING MACHINES : Delivers Camera-based Driver Monitoring Technology for Autoliv..
01/10 AUTOLIV : Invitation to Autoliv's Q4 2017 Teleconference
01/09 AUTOLIV : to Debut Latest Advanced Research Vehicle LIV 2.0 at CES® 2018
01/01 AUTOLIV INC. : (ALV) Shares Bought by Mitsubishi UFJ Trust & Banking Corp
2017 AUTOLIV : to Debut Latest Advanced Research Vehicle LIV 2.0 at CES® 2018; Human..
2017 AUTOLIV : to Debut Latest Advanced Research Vehicle LIV 2.0 at CES® 2018
2017 AUTOLIV : Receives Award From Fiat Chrysler Automobiles for Work on Future Urban..
2017 FlexQube Opens First Day of Trading on Nasdaq First North in Stockholm
More news
News from SeekingAlpha
01/13 STOCKS TO WATCH : Guidance Updates All Around
01/02 Valeo Stuck In A Construction Zone, But An Attractive Highway Awaits
2017 Autoliv to spin off electronics segment
2017 Autoliv declares $0.60 dividend
2017 LINAMAR : An Undervalued Auto OEM Driving Through Growth
Financials ($)
Sales 2017 10 361 M
EBIT 2017 874 M
Net income 2017 524 M
Debt 2017 455 M
Yield 2017 1,75%
P/E ratio 2017 22,78
P/E ratio 2018 19,27
EV / Sales 2017 1,19x
EV / Sales 2018 1,10x
Capitalization 11 864 M
Chart AUTOLIV INC.
Duration : Period :
Autoliv Inc. Technical Analysis Chart | ALV | US0528001094 | 4-Traders
Technical analysis trends AUTOLIV INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 129 $
Spread / Average Target -5,2%
EPS Revisions
Managers
NameTitle
Jan Carlson Chairman, President & Chief Executive Officer
Mats Backman Chief Financial Officer & Group VP-Finance
Steven R. Fredin CTO & Group VP-Business Development
Jim M. Ringler Lead Independent Director
Robert W. Alspaugh Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AUTOLIV INC.7.37%11 864
CONTINENTAL11.13%61 124
DENSO CORP3.19%50 884
DELPHI AUTOMOTIVE10.24%24 861
HYUNDAI MOBIS CO., LTD.--.--%24 379
MAGNA INTERNATIONAL INC.2.39%20 978