OmniVision Technologies

OmniVision Technologies, Inc.
Public
Traded as NASDAQ: OVTI
Industry Semiconductors
Founded 1995
Founder Lin Hsueh Cheng
Chiu Chih Chung
Shaw Hong
Raymond Wu
Headquarters Santa Clara, California, U.S.
Area served
Worldwide
Key people
Shaw Hong (CEO and President)
Anson Chan (CFO)
Products CMOS Image sensors
Number of employees
1300 (2009) [1]
Website www.ovt.com

OmniVision Technologies Inc. is a corporation that designs and develops digital imaging products. Headquartered in Santa Clara, California, OmniVision Technologies has offices in the USA, Western Europe and Asia, including a design center and testing facility in Shanghai, China.[2] The company supplies Apple Inc. with the back-illuminated CMOS sensor found in the iPhone 4's backside camera.[3]

History

In 2005, OmniVision Technologies acquired CDM-Optics, a company founded to commercialize wavefront coding.[4]

In May 2015, OmniVision Technologies was acquired by a group of Chinese investors, which includes Hua Capital Management, CITIC Capital Holdings and GoldStone Investment for about $1.9 billion in cash.[5]

An OV7910 and three OV6920 image sensors — both types with composite video outputs.

Products

In August 2011, OmniVision announced that it was working on a sensor that would allow smartphone cameras to be even smaller.[6]

Lawsuits

On June 23, 2004, OmniVision restated its financial results for the first, second and third quarters of fiscal 2004. For the nine months ended January 31, 2004, the restatement increased revenue by $8.9 million, net income by $2.7 million and diluted earnings per share by $0.04 over the amounts previously reported.[7] In December, 2007, a $13.75 million settlement was reached in a lawsuit that alleged OmniVision misled investors about the financial state of the company. The original complaint was filed in 2004.[8]

References

  1. "Corporate Fact Sheet" (PDF). 2010. Retrieved 24 September 2010.
  2. "OmniVision Locations". Retrieved 13 September 2010.
  3. Pamela Tufegdzic (3 September 2010). "iPhone 4 Drives Adoption of BSI Image Sensors in Smart Phones". iSupply. Retrieved 18 September 2010.
  4. Michael R. Tomkins (28 March 2005). "OmniVision acquires CDM Optics". The Imaging Resource. Retrieved 25 September 2010.
  5. "OmniVision to Be Bought by Chinese Investors in $1.9 Billion Deal". re/code. 1 May 2015. Retrieved 4 May 2015.
  6. Joshua Goldman, CNET. "Will this sensor power your next smartphone's camera?" August 5, 2011. Retrieved August 5, 2011.
  7. "OmniVision Reports Fourth-Quarter and Fiscal 2004 Results and Restatement of the First, Second and Third Quarters of Fiscal 2004".
  8. "Class action against OmniVision Technologies, Inc.".
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