Company Snapshot

Mobileye Global Inc: An Overview

Company Snapshot

Mobileye Global Inc. is a leader in the development and deployment of computer vision and machine learning technologies for the automotive industry. The company's Advanced Driver Assistance Systems (ADAS) and self-driving vehicle solutions are designed to improve vehicle safety, reduce traffic congestion, and enhance the overall driving experience.

Products and Services

Mobileye's ADAS technologies include lane keeping assist, adaptive cruise control, and automatic emergency braking. These systems rely on camera sensors and machine learning algorithms to detect and respond to potential hazards on the road, such as other vehicles, pedestrians, and obstacles. In addition, Mobileye is developing a range of self-driving vehicle technologies, including autonomous driving systems for personal vehicles and commercial applications. The company's autonomous vehicles are equipped with radar, lidar, and ultrasonic sensors to provide a comprehensive view of the surrounding environment.

Market Position

Mobileye is a significant player in the global ADAS and self-driving vehicle markets. The company has partnerships with major automakers, including General Motors, Ford, and Volkswagen. Mobileye's technologies are used in more than 130 million vehicles worldwide.

Financial Performance

Mobileye's financial performance has been strong in recent years. In 2022, the company reported revenue of $1.8 billion, a 35% increase year-over-year. The company's gross profit margin was 67.5%, and its net income was $446 million.