Sunday, 12 October 2014

Smartphone Camera Makers See Next Opportunity in Cars

Smartphone Camera Makers See Next Opportunity in Cars

 

High-end cars can carry as many as eight cameras to visually aid parking or trigger emergency brakes. That number could reach 12 when cameras replace side-view mirrors.

That amount can only rise with regulation such as compulsory rear cameras in the United States from 2018 to stop drivers backing into pedestrians. Also adding to demand will be the spread of camera-laden self-driving vehicles like those of Google Inc.

Cameras for cars are priced around $32 each compared with $4 for phones, according to Mcnex, which earned 19 percent of revenue last year from car cameras versus 2 percent in 2007. Prices could fall, however, as volume grows.

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