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poLight ASA – Received additonal purchase order related to smartwatch phone design-wins

25 February 2020

Horten, 25 February 2020 - poLight ASA (OSE: PLT) today announced that the company has received a purchase order of approximately NOK 250,000 of TLens and ASIC drivers. The purchase order is related to the two smartwatch phone design-wins announced earlier in 2020.

“We are still in the early days since the market launch of the two smartwacthes and therefore very pleased to see the customer returning to refill its stock of TLens,” said Dr. Øyvind Isaksen, the CEO of poLight.

Following this order, an accumulated order intake of NOK 2,3 millions for TLens and ASIC drivers has so far been ordered related to the two smartwatch phone releases.

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