German auto parts giant eyes alliances with Asia-Pacific startups
Continental particularly interested in semiconductor space, executive says
Continental has worked with 200 startups globally through its Co-pace program and invested in "double-digit numbers of startups," according to Senior Vice President Juergen Bilo. (Source photos by Akito Tanaka and AP)
AKITO TANAKA, Nikkei Asia chief business news correspondent | Singapore
SINGAPORE -- Auto parts giant Continental will seek alliances with startups in the Asia-Pacific region to quickly develop and adopt innovative technologies for next-generation automobiles.
The company has established a new organization in Singapore to support early-stage startups in areas such as autonomous driving technology, in-car information systems, artificial intelligence and sustainability.