Smartway successfully acquired Shenzhen Anxin Microelectronics to further accelerate the layout of the automotive electronics field

June 18, 2020, Shanghai, China – SmartSens, a leading CMOS image sensor supplier, has successfully acquired Shenzhen Allchip Co., Ltd. (Allchip). This acquisition not only further expands SmartVision’s product line, but also accelerates SmartVision’s business layout in the field of automotive electronics.

Shenzhen Anxin Microelectronics (hereinafter referred to as “Allchip”) is an emerging high-tech company located in Shenzhen focusing on the design and product management of CMOS image sensors for automotive cameras. The chips it produces are used in automotive cameras and other miniaturized video surveillance applications. Very competitive, and has a variety of SOC series image sensor products independently developed and mass-produced.

Allchip, as Smartway’s new “Shenzhen Chip Design Center”, has moved to a new location and officially opened in June!

*Address: Dayun Software Town, Longgang Avenue, Longgang District, Shenzhen

Dr. Xu Chen, founder and chairman of SmartVision, said: “The popularity of automotive intelligence has brought broad prospects for in-vehicle image sensors. According to Yole’s forecast, the global automotive market camera module market size is expected to exceed 8 billion by 2025. USD. This acquisition is a crucial step in the company’s long-term development strategy. Smartway has been deeply involved in CIS chip design for many years, and has the world’s advanced process research and development experience and a strong supply chain system; Its highly integrated SOC product technology has been widely recognized by the market. In the future, SmartVision will further combine Allchip’s rich design experience in vehicle products, and combine the strengths to create better performance through the superposition of advantages in technology and resources. The front/rear-mounted vehicle CIS products serve the needs of customers.”

In addition, Mr. Hu Wenge, the former chief engineer of BYD Electronics and the founder and chairman of Allchip, also officially joined Smartway to help Smartway achieve new breakthroughs in the field of automotive electronics. Mr. Hu graduated from the Department of Wireless Electronics of Peking University, and then obtained a master’s degree in electrical engineering from the University of Colorado, USA. In March 2004, he returned to China and participated in the establishment of BYD Microelectronics Company. At that time, he was the chief engineer and was in charge of the CMOS image sensor product department, mainly responsible for the company’s technical management, technical research and personnel training. He has successively led the team to successfully develop a variety of chip products, leading the domestic technology and reaching the world’s advanced level. The products it developed also won the 2010 “China Chip” Best Market Performance Award.

Mr. Hu Wenge, Founder and Chairman of Allchip

In 2012, Mr. Hu founded Shenzhen Allchip Microelectronics Co., Ltd. (Allchip), and led the team to efficiently and successfully develop more than ten full series of automotive CMOS imaging chips, defeating many foreign competitions in standard definition coaxial analog video (CVBS). Competitors occupy a dominant market position and lead the world in the market share of rear-mounted rear-mounted cameras.

Facing more challenges in the future, only strong cooperation can open up better development prospects for the company. Deeply aware of this, at the end of 2019, Mr. Hu decided to lead the entire team to join Smartway Technology as VP of Technology, and was fully responsible for the R&D and design of the company’s vehicle-mounted image sensor chip project. In just a few months after joining, the team quickly completed the integration and led a new team to launch the first high-definition vehicle CMOS imaging chip in China and a single-chip three-in-one (sensing + image processing + video encoding and transmission) chip , In addition, it has also developed a number of ultra-high cost-effective SD car chips, which are very competitive in car cameras and other miniaturized video surveillance applications. In one fell swoop, it helped the company to achieve monthly shipments of 2 million car chips, with half-year sales of nearly billions of dollars.

Talking about the future development prospects, Mr. Hu is confident: “We are very happy to join the Smartway family, and we fully agree with Smartway’s concept of customer demand as the starting point and the development strategy of technological innovation to empower industry applications. We look forward to Utilizing Allchip’s technology accumulation in the field of automotive electronics, Smartway will accelerate the business layout of automotive applications, and release more new value in advanced assisted driving systems and intelligent automotive vision systems.”

This acquisition is an important strategic layout for Smartphone to penetrate into the field of automotive electronics. The addition of Allchip is bound to bring greater advantages to Smartphone to further enhance the reach of the automotive application market and accelerate the technological innovation of automotive products.

About SmartSens

SmartSens (Shanghai) Electronic Technology Co., Ltd. (SmartSens Technology) is a high-tech enterprise engaged in the research and development, design and service of CMOS image sensor chip products. It was founded in 2011 and is headquartered in Shanghai, China. There are R&D centers and sales offices in many cities such as , Hsinchu and San Jose in the United States, and the network is all over the world.

SmartVision is driven by innovation and focuses on providing customers with future-oriented and world-leading CMOS image sensor chip products. With a R&D team that is proficient in innovation and covers the world, Smartway has independently developed many excellent technologies such as excellent night vision full-color technology, original and leading DSI technology, and Stack BSI’s global exposure technology.

Since its establishment, Smartway has been focusing on customer needs and is committed to providing customers with high-quality video solutions. The company’s products have also matured and gradually established a leading position in the security field. The products cover security monitoring, vehicle imaging, machine vision and consumer electronics (action cameras, drones, sweeping robots, smart home cameras) and other application fields. Since 2017, SmartVision has maintained the No. 1 global market share in the field of CIS product security for two consecutive years, and has continued to expand and innovate in emerging fields such as machine vision and artificial intelligence applications.