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Smart Eye: Large DW to Main Competitor
Research Note
2021-12-16
12:28
Redeye notes that Smart Eye's main competitor, Seeing Machines, today announced its largest design win to date. Redeye believes the customer is Volkswagen. While this is bad news for Smart Eye, Redeye doesn't consider it a game-changer for the investment case. As Volkswagen was not included in Redeye's previous estimates, Redeye reiterates its valuation.
JVK
Jesper Von Koch
Disclosures and disclaimers