Ecarx (ECX) and TPK have teamed up to jointly develop ORCA LiDAR platform, a sensor system designed to meet global regulatory and functional safety standards, the companies said Friday.
Mass production is expected to begin in 2028 at TPK's Thailand facility, the companies said.
Ecarx will lead system integration, sensor fusion, and commercialization, while TPK will contribute optical design and manufacturing capabilities, they added.
Shares of Ecarx were 2.5% higher in premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments