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    Home > Finance > Dutch chipmaker NXP and South Korea's bitsensing in radar deal
    Finance

    Dutch chipmaker NXP and South Korea's bitsensing in radar deal

    Published by Global Banking & Finance Review®

    Posted on December 16, 2024

    1 min read

    Last updated: January 27, 2026

    A Boeing 737-800 aircraft crashed at Muan International Airport, killing at least 28. The incident highlights aviation safety concerns and emergency responses in South Korea.
    Boeing 737-800 crash at Muan International Airport in South Korea - Global Banking & Finance Review
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    Quick Summary

    NXP and bitsensing partner to advance automotive radar systems, combining chips with superior hardware and software for better range and performance.

    NXP and bitsensing Forge Partnership in Automotive Radar

    AMSTERDAM (Reuters) - South Korean startup bitsensing has entered a partnership with Dutch computer chip manufacturer NXP to sell radar systems used in cars, the Asian company's CEO told Reuters on Monday.

    The deal will focus on combining NXP's radar chips with bitsensing's radar hardware and software, CEO Jae-Eun Lee said in an email without disclosing financial terms.

    The radar technology of bitsensing has better range than that of its competitors and the ability to operate in horizontal and vertical planes, the company says.

    Lee said that radar, frequently used in safety applications, generally has an edge over lidar and cameras in poor weather. The company has raised $52 million since it was founded in 2018.

    (Reporting by Toby Sterling; Editing by David Goodman)

    Key Takeaways

    • •NXP and bitsensing partner to enhance radar systems.
    • •Focus on combining radar chips with hardware and software.
    • •Bitsensing's radar offers superior range and dual-plane operation.
    • •Radar technology outperforms lidar and cameras in poor weather.
    • •Bitsensing has raised $52 million since 2018.

    Frequently Asked Questions about Dutch chipmaker NXP and South Korea's bitsensing in radar deal

    1What is the main topic?

    The article discusses a partnership between NXP and bitsensing to develop advanced radar systems for cars.

    2What does the partnership focus on?

    The partnership focuses on integrating NXP's radar chips with bitsensing's hardware and software.

    3What advantage does radar have over lidar?

    Radar generally performs better than lidar and cameras in poor weather conditions.

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