Telechips invests in Boston radar company Aura, targeting the autonomous driving market

Telechips (KOSDAQ: 054450), a South Korean semiconductor company, recently announced that it will invest an undisclosed amount in Aura Intelligent Systems, a radar technology company in Boston, USA. The investment aims to promote cooperation between the two parties in the advanced driver assistance system (ADAS) and autonomous driving (AD) markets, and to use Aura's innovative radar technology to improve the performance and safety of autonomous driving. Aura's patented technology solves the low resolution and interference problems of traditional radars, and its "high-fidelity, high-resolution imaging radar" technology provides new possibilities for autonomous driving.