News Intel Starts Work on New Mobileye Development Center

bit_user

Splendid
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First, I wonder how much trouble they'll have with filling those job posts. So much of the Israeli workforce seems to work in high tech that I wonder if they're starting to run low on well-qualified candidates.

Secondly, this caught my eye:
Its plans have also expanded considerably, with Mobileye planning to offer a ride-hailing service by 2023.
A lot of car companies are looking towards the future of ride-hailing and the corresponding drop in private car ownership and rebranding themselves as mobility providers, potentially offering their own ride-hailing services. This would put Mobileye in direct competition with a lot of its customers. So, how many of those companies are willing to continue buying from (and therefore supporting) a future competitor? I know I'd sure be looking hard at alternatives.

Maybe Mobileye is worried about the same thing as car companies - as car sharing increases, you'd have a decline in net sales. For a supplier of car parts, that would mean a drop-off in sales volume. So, the way around that is to get some sort of service revenue. Still, competing with many of your customers seems like a risky way to go about it.
 

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