The rapid development of "Advanced Driver Assistance Systems" (ADAS) has created a situation where all automakers have an increased need for image processing. However, novel challenges need to be addressed due to the strict requirements on reliability, unit cost, bandwidth and life time expectancy.
At the Diadrom stand, ADAS products will be demonstrated that has been developed with LG Innotek Co. Ltd (LG IT) for the customer China Euro Vehicle Technology AB (CEVT).
"The number of advanced sensors, such as cameras, have increased dramatically over the last couple of years in modern vehicles. The main driver has been ADAS, but the increase will continue for a long while as self-driving vehicles become a reality" says Dr. Henrik Fagrell, CEO Diadrom.
"The increase of features in the camera systems lead to a radical increase of complexity, making efficient development and diagnostics very important. LG IT and Diadrom are proud of the results accomplished in the CEVT project, and see many opportunities for further development" says Mr. Edmund Park (박성형), Chief Research Engineer, LG IT.
Partner Fondkommission AB (Telephone: +46 31 761 22 30, www.partnerfk.se) is the Certified Adviser Diadrom for NASDAQ OMX First North.
Gothenburg, May 10, 2016
Henrik Fagrell, CEO
Diadrom Holding AB (publ), Första Långgatan 19, SE-413 27 Göteborg, SWEDEN
Registered Office Göteborg, Sweden, Registration No. 556676-4857
Telephone: +46 31 774 11 00, Fax: +46 31 774 11 12
For questions about the content of this press release contact: Henrik Fagrell, CEO Diadrom Holding AB (publ), Mobile phone +46 73331 11 10.
Diadrom Holding AB (publ) is a leading software company within Diagnostics of high tech products. Diagnostics is an area with long term growth due to the ever increasing software complexity of advanced products. Diadrom was founded in the year1999 and is traded on NASDAQ OMX First North under the ticker DIAH. www.diadrom.se
LG Innotek Co. Ltd, is a global specialized material and component manufacturer who is making a better world through cutting edge core component technology that is leading the market and opening a smarter future through the development of new eco-friendly materials. LG Innotek is one of the world biggest suppliers of camera modules with a wide applications offering ranging from smartphones to automotive. www.lginnotek.com
China Euro Vehicle Technology AB, CEVT, is a development center for future cars within the Geely Group. The business of CEVT covers all aspect of car R&D, e.g., complete vehicle architecture, power supply, powertrain, chassis and the man-machine interface. CEVT consist of over 1 700 people, with the ambition to grow, at offices in Lindholmen Science Park, Gothenburg Sweden, Innovatum Science Center, Trollhättan, Sweden, and in Hangzhou, China. www.cevt.se