Clarion Commences In-Car Camera Supply to Shanghai GM

摘要

In June, Clarion Co., Ltd. started supplying in-car cameras to Shanghai General Motors Co., Ltd. (Shanghai GM) based in Shanghai, China as an original equipment manufacturer (OEM). The products are the first rearview cameras Clarion manufactures in China. The company plans to deliver 140,000 units for the first fiscal year. Due to rapid economic growth, unit sales of cars quadrupled over the last eight years in China, which ranked as the world's second-largest car consumer last year. Above all, the demand for cameras, monitors, and other in-car devices for safety enhancements is significantly increasing in the luxury car market for the high-end consumers who are more likely to accept expensive options.