Breaking News
0
Ad-Free Version. Subscribe now to follow markets, faster and distraction-free. More details

Chinese drone firm DJI builds team to work on self-driving tech: job posts, sources

TechJan 13, 2021 22:54
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Yilei Sun and David Kirton

BEIJING/SHENZHEN, China (Reuters) - China's SZ DJI Technology Co, the world's largest drone maker, is building an engineering team to work on self-driving technologies, according to job posts and people familiar with the company's strategy.

The Shenzhen-based company is hiring engineers for auto electronics, autonomous driving, and in-car software, job posts on its website show.

Three people said DJI plans to sell driver-assist technology such as lidar sensors, a key component in self-driving cars, and packaged solutions for autonomous driving functions.

All sources spoke on condition of anonymity as the details are not public yet.

DJI said it had no new announcements at the moment.

DJI has been developing lidar technology and cameras for years, two of the sources added.

In 2020, Livox, a startup with links to DJI, displayed two lidar sensors for autonomous vehicles at a Consumer Electronics Show in Las Vegas.

Chinese electric vehicle maker Xpeng Inc has said it would use Livox's lidar technology for self-driving functions.

DJI's move comes as several hardware and software tech firms are racing to tap into the auto industry's autonomous future.

Huawei Technologies, which makes communications machines and smartphones, has launched a car business unit and is developing sensors. Baidu (NASDAQ:BIDU), which has been working on autonomous driving and smart car technologies, has partnered with Geely to make its own cars.

DJI dominates the global small drone business with a 69% market share, according to consultancy DroneAnalyst. Research firm Frost & Sullivan estimated the market would be worth $8.4 billion last year.

In December, the company was added to the U.S. Commerce Department's entity list, allegedly over its technology being used to facilitate human rights abuses in China.

Chinese drone firm DJI builds team to work on self-driving tech: job posts, sources
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email