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Crash avoidance sensor driving Japanese maker Nippon Ceramic's gains

Its stock is up more than 40% over the past three years and analysts expect profits to nearly double by 2018

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Global revenue for driver-assistance features such as collision warning and emergency braking is projected by IHS Automotive to double to about US$17 billion by 2021.

Tokyo

THE multibillion-dollar business plans being hatched by global carmakers and technology companies for self-driving vehicles depend on a sensor that's less than one inch (2.5 cm) wide and costs all of 92 US cents. And a company you've probably never heard of, Nippon Ceramic Co,

sentifi.com

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