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Intel’s Mobileye’s Q2 2022 revenue reached $460 million

Intel’s Mobileye’s second-quarter revenue reached 460 million US dollars, a year-on-year increase of 41%, which is better than the relatively flat year-on-year growth rate of global auto production. In addition, Mobileye’s profitability was also strong, with operating profit reaching US$190 million in the second quarter, an increase of 43% year-on-year, and an operating profit margin of 41%.

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Mobileye data shows that Mobileye’s future business reserves are also continuing to grow. The number of future orders won in the first half of 2022 is expected to be nearly 37 million units, while the actual shipments in the first half of the year are about 16 million units. Mobileye’s product portfolio covers the entire ADAS and AV range.

Moreover, Mobileye said that in the later discussions with several major OEM manufacturers, it verified the functions of Mobileye SuperVision, including the main functions on the Krypton car that was upgraded through OTA a few days ago.

In addition, Mobileye has successfully completed a more than 2,000 km proof-of-concept inspection of Mobileye SuperVision with a European OEM. The expedition covered almost all road types, including nighttime driving in several major urban centers, using only 360-degree surround camera systems, RSS-enabled driving strategies, and existing REM-based HD maps.

It is estimated that as of the end of last quarter, Mobileye had collected 8.6 billion miles (about 13.84 billion kilometers) of road data from about 1.5 million REM-enabled vehicles around the world, and analyzed as many as 43 million miles (about 69.2 million kilometers) per day on average. 10,000 km) of road data, and the number of REM-enabled fleets is growing.

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