Focuslight Technologies Inc. Completes Acquisition of ams OSRAM’s Optical Component Assets, Further Strengthening Its Global Competitiveness in Optics Solutions

Xi’an, China, September 2nd, 2024 – – Focuslight Technologies Inc. (Shanghai Stock Exchange: 688167), a global provider of high-power diode lasers and materials, laser optics and photonics modules and system solutions, today announces the successful acquisition of optical component assets from ams OSRAM AG. This marks another strategic move and milestone following Focuslight’s acquisitions of LIMO GmbH in 2017 and SUSS MicroOptics SA (now as Focuslight Switzerland SA) in January 2024, providing a strong foundation on its commitment to expanding its capabilities and footprint in the global photonics market.

The acquired assets include the intellectual property, R&D, and production assets related to optical components from ams OSRAM’s facilities in Singapore and Switzerland. In line with this strategic expansion, Focuslight Singapore Pte. Ltd., a new subsidiary, has been established to oversee operations in Southeast Asia as part of Focuslight global operations system, focusing on high-volume manufacturing and rapid production cycles.

Focuslight also plans a full integration of the acquired assets into its existing business structure. The company will reorganize and integrate certain assets into its Automotive Business Unit to strengthen its capabilities in serving global automotive customers. A Strategic Growth Division will be established to house the R&D teams and equipment related to consumer electronics, disposable medical solutions, and other emerging applications. All products associated with these assets will be unified under the Focuslight brand.

Meanwhile, a Global Photonics Foundry Business Unit will be established serving as a global center for photonics industry process development and manufacturing services under the historic Heptagon brand, which was originally founded in 1993 and will now continue its legacy of innovation, quality, and high-volume manufacturing under Focuslight’s global operations, transforming its customer’s ideas and designs into industry-powering photonics solutions.

ams OSRAM has distinguished itself as a world leader in the design and processing of wafer-level optics, wafer-level stacking, and wafer-level integration with its excellent design, development, and mass production and manufacturing capabilities of micro-optical devices. By integrating their optical component assets and know-hows, Focuslight will not only strengthen its presence in current markets but also deepen its reach into emerging markets. Such markets like consumer electronics, disposable medical solutions, automotive projection and lighting, have a strong demand for miniaturized, high-performance, and cost-effective optical solutions. The asset acquisition will also allow the company to provide process development and manufacturing services in Singapore and Southeast Asia, giving it a great growth potential in key markets and becoming a globally synergistic, one-stop product and service provider for R&D and engineering of micro- and nano-optics.

“I feel thrilled as we officially completed the asset acquisition now. With the integration of the newly acquired assets, Focuslight is set to advance its product offerings and market reach, aligning with its core strategy of developing and providing innovative micro-optics solutions as a one-stop shop.” says Dr. Victor X. Liu, Chairman and CEO of Focuslight Technologies Inc., “The acquisition is an important driving force in our long-term strategy which propels us to optimize our global layout, bring our sustainable development capabilities and competitiveness to the next level, and add value to our global customers. The hard-to-get experience, team and location provide a unique opportunity to make us a legitimate player in high-volume automotive and consumer markets as well as in the global photonics foundry, thus achieve our global vision and business growth.”

“I am also excited that we now bring back the Heptagon brand serving for our global photonics foundry business. Headquartered in Singapore and based in Southeast Asia, the foundry will be a global hub for photonics process development and manufacturing to the global photonics community, offering manufacturing facilities worldwide based on customer needs. Together, let’s restore the Heptagon spirit and glory!” states Dr. Liu.

In the following weeks, Focuslight will showcase its products and solutions at the upcoming exhibitions:

The 25th China International Optoelectronic Exposition (CIOE)

Date: 11-13 September, 2024

Location: Shenzhen World Exhibition and Convention Center, Shenzhen, China

Booths: 6A51 & 12C76

Presentations

1.Transformative Diffractive Optics: Flat Lenses for Telecom and Pan-Semiconductor Applications (in Chinese)

Date & Time: 11 September 2024, 14:05-16:55

Location: Conference Room, Hall 3

Speaker: Dr. Hsiang-Chu Wang, Photonics System Engineer and Optical Designer at Focuslight

2. Refractive and Diffractive Micro-Optics: How They Drive Frontier Applications in Next-Gen Optical Communications (in English)

Date & Time: 12 September 2024, 14:35-14:55

Location: Conference Room 9C, 2nd Floor, Hall 9

Speaker: Dr. Wilfried Noell, Chief Scientist at Focuslight

3. Innovation & Cooperation: Focuslight’s Globalization Strategy and Business Outlook (in Chinese)

Date & Time: 12 September 2024, 15:00-15:20

Location: Conference Room 1B, 2nd Floor, Hall 1

Speaker: York Tian, Vice President of Laser Optics Business Unit at Focuslight

European Conference of Optical Communication (ECOC) 2024

Date: 23-25 September, 2024

Location: Messe Frankfurt GmbH, Frankfurt, Germany

Booth: D0