[7thpower]

Molex and others may as well get behind this. EVs are driving all the content (as you can imagine, electric vehicles are way more profitable than IC not only because they have additional connectors but also because they tend to have more advanced in vehicle entertainment).

The other reality is that all of the Chinese OEMs will generally work with the companies like Molex, TE, Amphenol, etc just long enough to let them shoulder the R&D cost and then reverse engineer and vertically integrate the part in their supply chain.

If there is a chance to leverage their scale and supply chain to compete where there is known demand, it’s worth it to be early in and then be able to help OEMs customize the reference designs as needed.