Samsung, LG company is bidding for Tesla’s multi-billion-dollar camera module order

According to the latest reports, electric car maker Tesla’s multi-billion-dollar camera module order has attracted the interest of a number of companies that are participating in the bidding, including Samsung and LG. company of.

The news of Samsung and LG’s companies participating in bidding for Tesla’s camera module orders was first reported by South Korean media. They said in the report that LG Innotek, Samsung Electro-Mechanics and many other companies are participating in the bidding, and the bidding is expected to be completed in the first quarter.

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The Korean media also said in the report that Tesla’s billion-dollar camera module orders will be used for their Model S, Model X, Model 3 and Model Y, which Tesla has launched, but not yet. Orders for cameras required for the production of the electric semi-truck and the electric pickup Cybertruck have also been placed.

According to reports from Korean media, Tesla’s orders, including the camera modules planned for this year, will also be partially used for electric vehicles produced next year. In the report, the Korean media also mentioned that electric vehicles usually use 8 sets of camera modules, of which the modules located at the front of the vehicle are the most expensive.

LG Innotek and Samsung Electro-Mechanics, which participated in the bidding this time, were the main suppliers of Tesla’s car camera modules before. Among the camera modules purchased by Tesla last year, LG Innotek supplied 60%-70%, and Samsung Electro-Mechanics supplied 30%-40%. South Korean media said in the report that Samsung Electro-Mechanics is expected to receive more orders this year as Tesla expects to diversify suppliers to lower prices.

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