Fushi Technology's SPAD chip wins laser radar order from a leading domestic automaker

Shenzhen Fushi Technology has successfully obtained a lidar chip order from a leading domestic automaker, and is expected to start delivery from 2022. This progress is of great significance to the local lidar industry. Fushi Technology's SPAD chip has become the focus of attention in the lidar market due to its advantages such as high sensitivity, low cost and digital signal processing. Fushi Technology's structured light vision recognition solution is the world's first mass-produced on door locks. In 2021, the company's binocular machine vision face recognition shipments reached 50,000 to 100,000 sets per month, achieving the first place in shipments in the segment. Fushi Technology's revenue in 2021 is expected to increase more than tenfold compared with the same period last year. The company's revenue in 2022 is expected to increase tenfold again. The cumulative shipments of the chips it has designed are nearly 4 billion.