Samsung Mulls Acquisition of Smartphone Camera Developer Corephotonics
Corephotonics develops dual camera technologies designed to improve the performance of smartphone cameras
A Samsung representative declined to comment.
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Founded in 2012 by optics and miniature digital cameras expert David Mendelovic, a professor at Tel Aviv University and former Chief Scientist of the Israeli Ministry of Science, Corephotonics develops dual camera technologies designed to improve the performance of smartphone cameras.
On Monday, Mandelovic told Calcalist that Samsung is a strategic investor in Corephotonics, and as such, it is always considering an acquisition. Mandelovic added that Samsung is not required to make an official offer.
In 2017, Corephotonics sued Apple for patent infringement of its smartphone camera technology. Corephotonics alleged that Apple adapted its patented dual aperture camera technology for mobile devices into the iPhone 7 Plus and iPhone 8 Plus without Corephotonics’ authorization.