VADAS and Longhorn (Chinese company) AVM Contract
VADAS, a Nextchip subsidiary, and the Chinese company Longhorn entered a contract to supply 3D AVM System.
Combined solution composed by VADAS’ AVM software and Nextchip’s ISP cameras will be supply to Longhorn. VADAS’ AVM system is supposed to be supplied from 2016.
Over the next 4 years, at least 500 million dollars are expected as revenue.
For more details, click the link below.