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Imaging startup Light is exiting the smartphone business



Imaging startup Light is exiting the smartphone business

Light’s push into smartphones was an inevitability. Sure, the startup turned heads with its expensive L16 digital camera, however today cellular images is nearly solely the area of the handset. Early final yr, the reply arrived within the type of the trypophobia-inducing Nokia 9 PureView.

In a class the place producers raced so as to add extra cameras, the PureView had essentially the most, with a five-hexagonal array. It was new, progressive and for many, it was overkill. At the very least, nevertheless, it gave Nokia/HMD some bragging rights and managed to set the handset aside in one of the vital hotly contested corners of the smartphone {hardware} race.

But Light is getting out of the smartphone recreation. Ultimately, the competitors could have simply been too stiff for a small startup, particularly with many producers engaged on their very own native {hardware} and software program options.

Light confirmed the transfer this week an electronic mail to Android Authority, writing merely that it was “now not working within the smartphone trade.” It’s a shocking bit of stories, provided that cellular partnerships appeared like essentially the most logical means ahead for the corporate, which drummed up a $121 million in a SoftBank-led spherical again in 2018. That Series D introduced the Palo Alto-based firm’s whole funding as much as greater than $181 million.

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More just lately, it additionally signed offers with Sony and Xiaomi. No phrase on what such a transfer means for these partnerships going ahead. Nor is it clear what life after smartphones seems to be like for Light. We’ve reached out to the corporate for extra perception into its plans.

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