January 9, 2018 / 6:26 AM / 8 days ago

Intel says Mobileye's autonomous driving tech to be used in two million vehicles

(Reuters) - Intel Corp INTC.O Chief Executive Brian Krzanich said on Monday 2 million vehicles from BMW BMWG.DE, Nissan Motor Co Ltd 7201.T and Volkswagen AG VOWG_p.DE would use its unit Mobileye’s autonomous vehicle technology to crowdsource data for building maps that enable autonomous driving.

Brian Krzanich, Intel CEO, speaks at the Intel Keynote address at CES in Las Vegas, Nevada, U.S. January 8, 2018. REUTERS/Rick Wilking

The world’s largest chipmaker bought Israeli firm Mobileye last year to compete with peers such as Qualcomm Inc QCOM.O and Nvidia Corp NVDA.O and tap the fast-growing market of driverless cars.

Intel will also tie up with SAIC Motor Corp Ltd 600104.SS, which will use Mobileye technology to develop cars in China, the chipmaker said.

Krzanich also said Intel had not received any information of customer data being compromised so far after the company confirmed last week that the security issues reported by researchers in its widely used microprocessors could allow hackers to steal sensitive information from computers, phones and other devices.

Security researchers had disclosed two security flaws exposing vulnerability of nearly every modern computing device containing chips from Intel, Advanced Micro Devices Inc AMD.O and ARM Holdings.

Reporting by Philip George in Bengaluru; Editing by Amrutha Gayathri

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