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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) 

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.

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