Black Sesame, Chinese auto chip challenger to Nvidia, burns $140M a year

Chinese auto chip maker Black Sesame has recently filed to go public in Hong Kong, offering a glimpse into the business prospect and challenges of an industry that’s increasingly important amid an autonomous driving boom and China’s stride towards semiconductor independence.
Founded by veterans of Bosch and OmniVision, Black Sesame is seen as one of the potential domestic players that can potentially replace the likes of Nvidia, Qualcomm and NXP Semiconductors in the auto chip space. The seven-year-old company has seen its revenue grow significantly over the last three years, but i

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