View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 17, 2015updated 19 Aug 2016 3:59pm

Sony jumps into self-driving car race

Follows in the steps of Google and Apple.

By CBR Staff Writer

Following similar moves by Google and Apple, Sony is reportedly entering into the self driving car race with the help of Japanese robotic car maker ZMP.

The Financial Times cited sources familiar with the matter as saying that Sony recently invested $842,000 to buy a 2% stake in ZMP in hopes of developing self-driving car technologies by combining Sony’s expertise in image sensors and ZMP’s robotics technology.

Google has already tested its self driving car and Apple has reportedly set up a secret lab and working on developing its own version of the next generation vehicle, which indicates Silicon Valley’s increased interest in the autonomous vehicles.

Sony is known for its camera and image sensors which could be of great use in self-driving vehicles, as autonomous vehicles have as much as 10 cameras mounted on them to keep an eye on the surroundings of the vehicle.

Sony is being hit by tough competition in the television and smartphone business, but it is the leader when it comes to image sensors boasting the top market share.

The FT reported Sony image sensor business general manager Shigeo Ohba as saying: "We think demand for automotive image sensors will expand significantly from 2017 and that growth will continue until 2030."

However, according to reports smartphones have a bigger market than vehicles, as vehicle sales only exceed 100 million units but smartphone sales exceed one billion units per year.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU