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Hesai Group

Hesai Group
The latest news and top stories on the Hesai Group. A leading entity in the technology sector, Shanghai-based the Hesai Group specialises in three-dimensional lidar solutions. It primarily serves global automotive OEMs, autonomous vehicle and robotics companies, providing products for advanced driver assistance systems and autonomous mobility. Hesai is a global leader in automotive lidar, holding significant market share and achieving non-GAAP profitability. Despite a US court ruling upholding its blacklisting over alleged dual-use technology, Hesai asserts its products are strictly for commercial use. Its overall business focus is on innovation, in-house manufacturing and global expansion.
Semiconductors

CXMT vs Pentagon: how China’s tech firms are challenging US blacklists in court

Chipmaker CXMT has sued the US government to be removed from a Pentagon blacklist – joining a wave of legal challenges by Chinese tech firms.

Growth driver: Hesai bets on lidar boom amid surge of smart cars in China

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Alibaba and WuXi AppTec decline in Hong Kong after addition to US blacklist

Designation of Chinese firms fuels investor unease, with markets bracing for a potential Fed tightening and an unwinding of the AI trade.

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