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Cub Elecparts To Bring RV ABS Solutions Into US Market

Taiwan-based Cub Elecparts, a supplier of smart driving-related sensing devices and electrical and electronics parts for car applications, has penetrated its anti-lock braking system (ABS) for recreational vehicles (RVs) into the US market.

The opportunity will significantly bolster its revenue performance in 2023, according to company chairman SC Yu, according to a report.

Yu said at a recent investor conference that the penetration of RV ABS solutions in the US market will rise rapidly from 20,000 units in 2022 to 500,000 in 2026, providing lucrative business opportunities for his company.

He said Cub Elecparts will also foray into its public warning system (PWS), tire pressure monitoring system (TPMS), parking aid system (PAS), and blind spot detection (BSD) system into the US market through the sales channel it has established there.

The company has also landed OEM and ODM orders for AI image recorders and thermal IP cameras from automotive clients in Europe and the US, which will be another growth driver for its revenues in 2023, according to Yu.

Yu remarked that its shipments of short/medium/long-range radars, biodetection radars, and imaging radars will also ramp up steadily to support ever-expanding smart driving and security surveillance applications.

Cub Elecparts is closely watching whether the US may extend its restrictions to China-bound shipments of automotive chips, and has readied a contingent plan to cushion the impacts of the possible restrictions, disclosed Yu.

Under the plan, Yu said, the company will adopt China-made chips and its own algorithms for its driving-related sensors that are sold to Chinese automakers instead of adopting chips supplied by Texas Instruments (TI) and other IDMs.

This article originally appeared on Digitimes Asia.


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Hi, you might find this article from Modern Campground interesting: Cub Elecparts To Bring RV ABS Solutions Into US Market! This is the link: https://moderncampground.com/asia/taiwan/cub-elecparts-to-bring-rv-abs-solutions-into-us-market/