Ceva Powers Oritek's Next-Gen ADAS chipsets for Smarter, Safer Electric Vehicles
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Ceva, Inc. has licensed its SensPro Vision AI DSP to Oritek Semiconductor for their Longquan 560 ADAS chipsets, enhancing capabilities for electric vehicles in the growing Chinese market.
January 08, 2025 | 12:15 pm
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Ceva, Inc. has licensed its SensPro Vision AI DSP to Oritek Semiconductor for their Longquan 560 ADAS chipsets, enhancing capabilities for electric vehicles in the growing Chinese market.
The partnership with Oritek Semiconductor to provide SensPro Vision AI DSP for ADAS chipsets positions Ceva, Inc. to benefit from the growing demand for advanced automotive technologies in the electric vehicle market, particularly in China. This could lead to increased revenue and market presence, positively impacting the stock price.
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