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At SEB's Nordic Seminar, Gapwaves CEO Jonas Ehinger highlighted solid momentum in automotive in particular. Despite losing tier one automotive supplier Bosch as a customer, Gapwaves has grown its list of tier one suppliers in recent years, with orders from both US and Asian tier ones in recent months, as well a recent contract expansion with Smartmicro. We think Gapwaves looks poised for further growth, with or without Bosch, as high-resolution radar continues to grow.
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