Xingyu Co., Ltd. and Huawei have reached a strategic cooperation to develop the field of intelligent vehicle light

On the evening of February 17, Xingyu Co., Ltd. announced that it had signed a letter of intent for cooperation with Huawei in the smart vehicle light business in Dongguan, covering other businesses from smart vehicle lights to smart vehicle lights.

In the field of smart car lights, Xingyu will work with Huawei to build end-to-end system capabilities from design to manufacturing and delivery, and form a continuously leading smart car light system solution competitiveness in the industry. At the same time, the two parties will also comprehensively carry out other business cooperation in the field of intelligent vehicle light to promote the development of the intelligent vehicle light industry.
According to Mr. Jin Yuzhi, President of Huawei's Product Line, Huawei has more than 20 years of accumulation in the optical field, R&D investment accounts for more than 10%, and a large number of optical patents and standards have been deployed. With the accumulation of technologies in optical fields such as optical chips, space optics, laser light sources, and optical algorithms, Huawei has created smart automotive light products such as smart car lights and AR-HUD.

Xingyu Co., Ltd. has nearly 30 years of experience in the automotive lighting industry, and has a certain leading edge in end-to-end customized development and production capacity and market foundation. In terms of products, Xingyu Co., Ltd. mainly focuses on automobile headlights and rear combination lights, and also provides fog lights, daytime running lights, interior lights, ambient lights and other interior and exterior lighting products.

In this cooperation, Xingyu Co., Ltd. will give full play to Huawei's core technology and software algorithms in optical products, platform-based and modular intelligent modules and controller capabilities, and build system-level capabilities from design to manufacturing and delivery of intelligent vehicle lights. On this basis, more cooperation with Huawei in automotive optical products will be carried out.

The cooperation between Xingyu Co., Ltd. and Huawei can be said to be the result of the trend of intelligent development in the field of in-vehicle light.

From the perspective of the general direction of the automotive industry, the automotive industry is moving in the direction of the new four modernizations of "electricity, networking, intelligence, and sharing". In this context, the functions carried by on-board light products go far beyond the lighting itself. , Start to accelerate the integration of advanced technologies such as information, sensing, and interaction, which can not only improve the safety and comfort of driving, but also create a contextual interior atmosphere and add added value to the vehicle. This can form differentiated competition for car companies and lamp factories, build their own technical barriers, seize new business opportunities in the industry, and gain a higher market share.

As a result, the automotive industry is gradually showing a situation of cross-border cooperation and strong alliances. As far as the field of automotive lights is concerned, cooperation cases abound. First, Xingyu shares are no exception.

Prior to this cooperation with Huawei, Xingyu announced a strategy in October 2021 to join hands with Arcsoft, a global leader in computer vision and artificial intelligence, to carry out in-depth cooperation on the application of artificial intelligence technology and high-performance intelligent vision products in the automotive field , to jointly serve the global auto OEMs.

Internally, in addition to actively expanding production capacity, Xingyu Co., Ltd. has also accelerated the pace of promoting the innovation and upgrading of automotive lighting products. Especially in the field of automotive headlights, Xingyu Co., Ltd. has deployed AFS/ADB smart headlight technology earlier. According to it, ADB headlights have been mass-produced in 2019.

According to TrendForce's "2020-2021 Global Automotive LED Product Trend and Regional Market Analysis", in the past two years, Xingyu Co., Ltd. has benefited from the LED upgrade opportunities brought by smart driving and ADB headlight upgrade opportunities, and the value of bicycle LEDs has increased year by year. The company has successively obtained orders from luxury brands such as BMW, Audi and Jaguar Land Rover, and its performance has grown steadily. Among them, in 2020, in the context of the decline in the revenue of major manufacturers such as European, American and Japanese auto lamps, the revenue of Xingyu shares increased by 21% year-on-year against the trend.

Many developments show that Xingyu Co., Ltd. has seized new opportunities in the market in a timely manner, and also complied with the new trend of industry development. On the basis of technology upgrade and gradual increase in production capacity, the expansion of partners also means that Xingyu Co., Ltd.'s layout in the automotive field will be more complete, and its core technical capabilities and comprehensive competitiveness will be further enhanced.