How Bosch wants to rival Intel / Mobileye

Bosch is the world’s biggest producer of automotive components and invests a lot into developing video technologies which support self driving cars. Now the company is confronted with a challenge. However Bosch reacts positively.

One of Bosch’s biggest competitors is the israeli company Mobileye. Mobileye produces components for advanced driver assistance systems (ADAS), like integrated cameras and chips. It owns a market share of more than 70 percent. Now, Intel will buy Mobileye for 15 billion dollars. This could potentially increase the market power of the israeli company regarding autonomous driving technologies.