Samsung sweeps all Tesla Cybertruck and Semi truck quality FSD camera deliveries
Samsung has won the Tesla supply chain war with Taiwanese camera module makers, reports Korean media, and will end up the exclusive provider of cameras for Tesla's heavy-duty electric vehicles. These include the popular Cybertruck whose preorders at one point exceeded the stock market value of legacy carmakers like BMW, but also the elusive Semi truck that Tesla just opened for preorder recently.
The camera component supply win could potentially present a significant revenue windfall for Samsung as each Cybertruck or Semi will have multiple cameras all around. Tesla is relying exclusively on cameras for its Full Self-Driving Beta mode, ditching the LiDAR addition altogether, so its electric vehicles now need a lot of quality cameras on the front, back, and sides to ensure that FSD works and develops as advertised.
Tesla will be buying the camera modules from Samsung for its Gigafactories in Shanghai, China and Berlin, Germany, which will be assembling the electric trucks. So far, Tesla's camera orders were split 60%/40% in favor of LG Innotek, but with the new bids that Samsung Electro-Mechanics won, its share of camera deliveries in Tesla's supply chain may ultimately surpass that of LG, tip industry insiders.
Given that the cameras that Tesla buys are way more expensive than the modules Samsung puts in its phones, as they offer more added value, and there are eight of them per vehicle, Samsung's encroachment on LG Innotek component territory may turn Tesla into a valuable revenue source for its Electro-Mechanics division in the future.