Growth OpportunitiesElmos is expected to benefit significantly from continued electrification, ADAS, more comfort and premium features, and the new zonal architecture in vehicles.
Market PositionThe company has a strong market position in three of its five main product categories, including the #1 position for motor control ICs, LED lighting, and ultrasonic parking.
Strategic ExpansionElmos founded a Chinese subsidiary to align with the 'China for China' strategy, aiming to increase the local content in its products sold in China.