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Foxconn Keeps Investing Startup Light for Next-Gen Smartphone Camera
By Korbin Lan
Published: Aug 01,2015
Courtesy: Light (http://light.co/)
TAIPEI, Taiwan - Foxconn Group continued to invest smartphone camera technology. The company joined another round of Light's investment which was led by Formation 8, totaled $25 million, to fund a technology that can allow smartphones to have DSLR-like function and quality.
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Foxconn has already invested in Light. Last June, Light raised $9.7 million in a Series A round of investment co-led by Bessemer Venture Partners and Charles River Ventures, and Foxconn was one of investor.
Now Foxconn is licensing Light’s technology and is investing an undisclosed amount in the company.
Light, based in Palo Alto, California, is trying to implement a new camera technology which has a cluster of small lenses each coupled with its own image sensor. When user take a photo, and software will automatically combine the images.
According to MIT Technology Review, Light’s camera is essentially taking numerous photos simultaneously from different perspectives. These shots are digitally melded in a way that mimics what a larger camera lens could yield.
Light says it expects its first 52-megapixel cameras to be found in smartphones in 2016.
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