Strong Growth Potential of China''s Smart Auto Parts Sector Bodes Well for AR-HUD Maker Raythink
- Raythink is the only company in the world that has successfully applied the OpticalCore technology to products and put it into vehicles for testing. SHENZHEN, China , June 21, 2021 |PRNewswire| -- Chinese technology startup and the maker of augmented-reality head-up displays (AR-HUDs) Raythink received a lot of attention lately when it reduced the impact of the rising prices for raw materials in the upstream sector by providing a lineup of solutions that made use of its innovative technology OpticalCore. A large contributing factor was the ability to avoid many of the restrictions often imposed on the technology as a result of the chips that are used. In April 2021 , the company signed a strategic cooperation framework agreement with Aptiv PLC, a globally renowned auto parts company, whereby both companies will work together to promote AR-HUD solutions for intelligent vehicle cockpits. The Chinese auto parts industry has recently been through a period characterized by some notable successes amid challenges and setbacks.
Strong Growth Potential of China''s Smart Auto Parts Sector Bodes Well for AR-HUD Maker Raythink
- Raythink is the only company in the world that has successfully applied the OpticalCore technology to products and put it into vehicles for testing. SHENZHEN, China , June 21, 2021 |PRNewswire| -- Chinese technology startup and the maker of augmented-reality head-up displays (AR-HUDs) Raythink received a lot of attention lately when it reduced the impact of the rising prices for raw materials in the upstream sector by providing a lineup of solutions that made use of its innovative technology OpticalCore. A large contributing factor was the ability to avoid many of the restrictions often imposed on the technology as a result of the chips that are used. In April 2021 , the company signed a strategic cooperation framework agreement with Aptiv PLC, a globally renowned auto parts company, whereby both companies will work together to promote AR-HUD solutions for intelligent vehicle cockpits. The Chinese auto parts industry has recently been through a period characterized by some notable successes amid challenges and setbacks.