Continental is expanding its advanced driver assistance systems business in Asia and expects sales to reach $2.2 billion a year by 2020.
The company says it is on course to achieve €1 billion in sales this year, and is aiming to capitalise on this growth by developing its Asian operations.
Continental says it will increase production capacity for radar sensors in the Philippines and China, and accelerate its knowledge transfer and staff expansion.
Continental is estimated to be the market leader in advanced driver assistance systems, which is in essence autonomous car technology.
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