Barclays: Connected Cars Take Center Stage At CES, Three Themes Emerging

Brian Johnson of Barclays believes that “The Connected Car” has taken center stage at CES and that three themes stand out.Firstly, autonomous driving is gaining track as auto manufacturers and parts suppliers are demonstrated partially self-driving cars either on local streets or highs. The analyst notes that Delphi Automotive (NYSE: DLPH) and MobileEye (NYSE: MBLY) are two key beneficiaries to the ongoing theme.Second, Infotainment options continue to “proliferate across a broad range,” ranging from low-cost smartphone mirroring systems to higher end embedded systems. Delphi Automotive is making progress on a multi-domain controller that pulls together Infotainment and body control logic onto a single chipset while maintaining a higher degree of security.Finally, new competition and cooperation opportunities from other technology companies are emerging that are neither Apple (NASDAQ: AAPL) nor Google. (NASDAQ: GOOG) (NASDAQ: GOOGL) In fact, the analyst sees NVIDIA (NASDAQ: NVDA) increasing its exposure to the space with its neural network support for ADAS applications on the new TegraX1 chip.