Lite-On and DigitalOptics Sign Contract for mems|cam™ Production
TAIPEI, Taiwan--(BUSINESS WIRE)--DigitalOptics Corporation™ (DOC™), a wholly owned subsidiary of Tessera Technologies, Inc. (NASDAQ: TSRA), and Lite-On Technology Corp. (TWSE: 2301) (Lite-On) announced today that they have signed an agreement to produce DOC's mems|cam™ modules. Lite-On and DOC are working closely to ramp initial production in the fourth quarter of 2013, and add high volume capacity in 2014.
"Working with Lite-On to ramp mems|cam is critical to providing the capacity for the China market demand," said John Thode, president of DOC. "DOC could not have a better partner than Lite-On and we will work closely with them on technical collaboration and customer engagements."
"Lite-On is interested in providing new technology and high quality product in volume to our customers," said TC Huang, general manager of Lite-On Portable Image Display Business Unit. "Our Chinese Smartphone customers are showing interest levels in mems|cam that make joint capacity planning for 2014 between DOC and Lite-On very important."
The mems|cam solution delivers the fastest autofocus speed, at a fraction of the power of voice coil motor (VCM) autofocus camera modules, and are bundled with DOC's suite of computational imaging features (such as FaceTools™). This combination of advanced hardware capabilities from mems|cam technology plus DOC's world class imaging software will deliver camera features that Smartphone OEMs will value for differentiation.