Mobileye develops and sells the hardware and software that enables advanced driver assistance systems (ADAS) and, eventually, fully autonomous vehicles. Founded in Israel in 1999, Mobileye pioneered ADAS and today is the dominant global supplier to automakers. Its core product is the EyeQ System-on-Chip (SoC), a purpose-built processor that enables vehicle cameras and radars to perceive the road and assist or control driving. Mobileye sells primarily to Tier 1 automotive suppliers — such as Aptiv, Magna, and Valeo — who integrate EyeQ chips into electronic control units installed in vehicles on behalf of OEMs. Revenue is essentially a function of units shipped and average selling price, with higher-generation chips and more advanced systems commanding higher prices. Base ADAS, which powers features like automatic emergency braking and lane keeping, drives the overwhelming majority of revenue today. Mobileye also offers SuperVision, a premium hands-free system currently deployed through Geely's brands, and Surround ADAS, a mass-market hands-free system with early design wins at major Western OEMs. Looking further out, Mobileye is developing Chauffeur (eyes-off, Level 3 for consumer vehicles) and Drive (a full robotaxi system), with commercial robotaxi deployment targeted from 2026 onward. The Drive business model combines a large upfront hardware payment per vehicle with a recurring per-mile license fee. Mobileye's REM crowdsourced mapping network, covering over 95% of primary roads in the U.S. and Europe, is a key competitive asset. Intel owns approximately 77% of Mobileye and controls roughly 97% of voting power through a dual-class share structure.
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