NewsDialy
Camera chips, the sensors that allow self-driving vehicles to read the road the way a human eye processes a scene, are at the center of a potential $3.3 billion transaction.
NXP Semiconductors is in talks to buy a company that designs those components for autonomous cars. The reported discussions arrive as a consolidation wave moves through the global semiconductor industry.
What the deal is about NXP is a semiconductor company. Semiconductors are the miniature circuits that translate real-world signals into instructions that electronic systems can use.
The reported target in these talks designs chips specifically for the camera systems in self-driving vehicles, which is a narrow, specialized problem.
Keep reading