On December 14, Fuguang Co., Ltd. (688010.SH) recently stated during a survey from institutional investors that vehicle cameras are the core sensors of ADAS. As the degree of autonomous driving continues to increase, automobile demand for in-vehicle cameras is gradually expanding from rear view to side view, surround view, front view, and interior view, and vehicle cameras will be more widely used. The development of new technologies such as 5G and AI will promote innovative applications in fields such as ADAS and intelligent manufacturing. Demand for downstream application scenarios will provide a broad market space for automotive lenses, infrared lenses, and machine vision lenses.
The company's core device development base (base 3) can complete the entire process of independent R&D, production, trial production and verification, and will be used as a reserve base for automotive and infrared products. In the first half of 2023, the company completed the development of an 8 megapixel vehicle de-icing and defogging lens to achieve the function of heating and defogging of the lens body; completed the development of a 12 megapixel front-view lens, greatly improving lens resolution.