Marketwired: LensVector and Hosiden announce an agreement for Hosiden to be LensVector's manufacturing partner. Production is scheduled to start early in 2014 in Hosiden's Shiga, Japan LCD facility. The agreement expands LensVector's manufacturing capabilities to serve the market for smartphones and other mobile devices. Hosiden will be using their LCD production technology, developed over a 40-year history of LCD production, to manufacture autofocus camera components to meet the quality and volume needs of the mobile phone market.
"Partnering with a world class manufacturer like Hosiden is an important step in establishing LensVector as the premier provider of solid-state autofocus lenses," said Howard Earhart, CEO, LensVector. "LensVector's manufacturing strategy is to merge high quality, low cost mature LCD panel manufacturing with our proprietary thin film process. This combination will provide very high capacity from existing Fabs yielding arrays of thousands of lens elements per panel."
Everyone I knew at LensVector was let go last year. Is this the VCs who own what's left?
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