Wednesday, November 6, 2019

Mobileye Outlines Strategy for Driving Significant Growth

During an investor summit today at Mobileye headquarters in Jerusalem, Mobileye President and CEO Professor Amnon Shashua projected significant and sustained revenue growth for the next decade. The forecast was offered within a broader strategy update that included new data points across Mobileye’s lines of business, an expanded total available market (TAM) and new customer announcements. At the event, Intel CFO George Davis described Mobileye as one of the company’s strategic, data-centric growth opportunities, which is outperforming Intel’s initial expectations.