WEBVTT 00:00:00.041 --> 00:00:02.669 Being at the CES is a great way to start the year. 00:00:02.877 --> 00:00:06.047 It's fantastic way to connect to senior leaders and to get this 00:00:06.047 --> 00:00:09.592 comprehensive view on what the innovations are driving the industry. 00:00:09.884 --> 00:00:13.430 If you're asking me what's the one thing that is new this year, 00:00:13.430 --> 00:00:15.974 I have to answer: There isn't this one thing. 00:00:16.266 --> 00:00:18.309 It's a lot about maturation. 00:00:18.893 --> 00:00:22.188 And what I'm really excited about this year is to see 00:00:22.188 --> 00:00:26.026 innovative interior concepts, C-car (building the car from the 00:00:26.026 --> 00:00:29.738 inside out), the new stream concepts that LG is introducing, 00:00:29.738 --> 00:00:32.741 a lot of maturation in software-defined vehicle, 00:00:32.741 --> 00:00:35.535 Qualcomm being very strong as an SoC player. 00:00:35.535 --> 00:00:38.913 But also we see a lot of new tool chains being demonstrated 00:00:38.913 --> 00:00:40.582 by a lot of software players. 00:00:40.957 --> 00:00:42.751 But it's also about cooperation. 00:00:42.959 --> 00:00:46.129 We see a lot of corporations happening--Volkswagen together 00:00:46.129 --> 00:00:46.838 with Mobileye. 00:00:46.838 --> 00:00:49.841 So it's not one stand, one brand, but it's really about the 00:00:49.841 --> 00:00:51.968 ecosystem that's being demonstrated here. 00:00:52.802 --> 00:00:54.554 So what does it mean for senior leaders? 00:00:54.804 --> 00:00:55.638 It's two things. 00:00:55.805 --> 00:00:59.225 Number one: to be laser sharp in where to play and how to win. 00:00:59.559 --> 00:01:02.187 Do we really have the capabilities and the funding to 00:01:02.187 --> 00:01:04.397 build a leading position in a new innovation? 00:01:04.898 --> 00:01:09.319 If not, to be much more open to corporations, to access tax 00:01:09.319 --> 00:01:12.781 funding, and also broaden our capability base. 00:01:13.281 --> 00:01:16.701 And number two: to take a comprehensive view on the entire 00:01:16.701 --> 00:01:20.538 portfolio, where to play and how to win, but also how to maximize 00:01:20.538 --> 00:01:21.122 cost focus 00:01:21.331 --> 00:01:25.043 to really free up the resources to invest into innovation.