Lite-On and Tessera's DigitalOptics Sign Contract for mems|cam Production

DigitalOptics Corporation, a wholly owned subsidiary of Tessera Technologies, Inc.

, 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