“With its advanced 5G technology, the company is expected to reduce the cost of radar sensors to $ 100 in the future,” Wang said at the forum. The current industry average for the lidar sensor is around $ 400-500. With the move, the Chinese tech giant is looking to play a bigger role in the smart vehicle industry.
Although Huawei does not manufacture its own vehicles, the company wants to use its extensive telecommunications and ICT experience to deliver better, more cost-effective parts to automakers.
Lidar technology, which stands for “light sensing and ranging,” is remote sensing technology that uses light in the form of a pulsed laser to measure distances (distances) to a target. A lidar sensor emits beams of laser light and then measures the time it takes for the light to return. The main car manufacturers are developing lidar solutions for autonomous cars. While some companies, such as Tesla, are looking for non-lidar options, the technology remains the norm in the industry.
Wang said the company runs an optoelectronic technology R&D center in Wuhan with more than 10,000 employees. The center aims to produce a 100-line lidar in a short period of time while reducing the cost. Wang also revealed that the company will increase the scale of infrastructure software development, which will help automakers develop cars faster and speed up the iteration of their products.
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Currently, many global technology companies such as Google, Baidu, Audi, Ford and BMW are researching lidar sensing solutions and are gradually starting to use the technology in their vehicles.
Huawei entered the industry with a smart car solutions business unit, as the U.S. government stepped up calls for a global ban on the company. Previously, it was cooperating with BYD on the integration of smart car products using Huawei’s NFC smartphone car keys and HiCar smartphone screen projection solutions.
KrASIA contacted Huawei with a request for comment on recent efforts. “The company is increasing its investments in the automotive sector because we see a profitable market with great potential for growth,” replied the spokesperson.
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