Redeye raises the fair value range due to higher long-term DMS volume estimates on the back of the new, major Chinese OEM. As this is one of China’s largest OEMs, we believe it is also one of the top-20 OEMs in the world, which means that Smart Eye now should have 12 of the world’s 20 largest carmakers. We argue it’s about time everyone open their eyes with regards to Smart Eye’s position.