by Dave Grannan, Light cofounder & CEO
Today we are announcing that Light has entered into a strategic relationship with Foxconn's FIH Mobile Ltd.
We are attacking a $100B industry that is ripe for disruption and we’re thrilled to be working with an industry leader like FIH Mobile Ltd. who understands our vision and wants to be a part of bringing a new edge to capturing quality images. This new partnership will further support Light in achieving its mission to reimagine photography and make high quality imaging universal and ubiquitous.
As part of the strategic partnership, FIH Mobile Ltd. has licensed the Light technology and made an equity investment in Light.
In preparing to make this announcement we did a little Q&A with Calvin Chih, CEO of FIH Mobile Ltd. and Paul Jacobs, Executive Chairman of Qualcomm (and Light investor and board member):
Light: What excites you about this partnership?
Calvin Chih: We see tremendous potential for Light’s technology, and are excited to work with Dave and the Light team. We continue to strive to help consumers and OEM partners enhance their experiences and product offerings pertaining to high quality imaging.
Light: What do you find exciting about Light's product?
Paul Jacobs: Images are the most powerful form of communication and more than ever we are communicating with each other with imagery – look at the rise of Instagram and Snapchat. Light’s product will overcome the current limits of capturing high-quality images in small form factors and will enable people to capture great images while they are on the go without trading image quality for convenience.
Light: What's the significance of this partnership?
Paul Jacobs: The partnership with Foxconn is a great milestone for Light because Foxconn’s support shows a strong validation of Light’s technology and Foxconn’s manufacturing expertise will help bring Light’s products to a wider audience. Light will gain access to Foxconn’s world-class manufacturing capabilities and market power, while Foxconn will be getting access to Light’s technology to offer breakthrough imaging quality on the devices it manufactures.
Light is a team of creative technologists on a mission to reimagine the art and science of photography. Light was co-founded by Dave Grannan (CEO) and Rajiv Laroia (CTO) in 2013.
About FIH Mobile Ltd.
FIH is a vertically integrated manufacturing service provider for the mobile device industry worldwide. It provides a wide range of manufacturing services to its customers in connection with the production of mobile devices. Hon Hai Precision Industry Company Limited is the ultimate controlling shareholder of FIH (Hon Hai), and Hon Hai and its subsidiaries (as a group commonly known as the Foxconn Technology Group) is the leading global manufacturing service provider in the 3C (computer, communication and consumer electronics) industries.