[Click eStock] "NCN, Emerging Supply of Automotive Semiconductor"

[Asia Economy Reporter Hyunseok Yoo] IBK Investment & Securities analyzed on the 25th that NCN is making progress in supplying automotive video semiconductors. No investment opinion or target price was provided.

Geonjae Lee, a researcher at IBK Investment & Securities, stated, "NCN has spent an average of 9.3 billion KRW annually on research and development over five years for automotive semiconductor development and is the only company in Korea to secure ISP and AHD technologies. ISP (Image Signal Processor) and AHD (Analog High Definition) technologies are camera technologies essential for ADAS and autonomous driving, and Nextchip, in which NCN holds a 90.9% stake, possesses these technologies."

ISP is a system semiconductor used in conjunction with CMOS image sensors. It performs functions such as removing noise from signals received from image sensors and adjusting white balance.

He explained, "Demand for ISP is increasing alongside the growing use of CMOS image sensors. NCN has developed ISP technology over 23 years through manufacturing CCTV and black boxes, currently holding a dominant ISP technology position domestically. AHD is a high-resolution video transmission technology developed independently that enables UHD-level (4K Resolution) video transmission in analog format without quality loss. It is judged to have a high possibility of being used as an automotive component together with ISP."

The researcher anticipated that NCN's products could be supplied to global automakers. He said, "Based on ISP and AHD technologies essential for automotive camera systems, NCN has completed the development of its own SoC. The SoC developed by NCN, 'Apache4,' is scheduled to be supplied to Japanese automakers starting in 2022, and 'Apache5,' an improved version of 'Apache4,' was completed in 2021 with plans for global automotive supply."

This content was produced with the assistance of AI translation services.