poLight ASA – It’s OEM customer today announced a new flagship smartphone using TLens®

Horten, Norway, 30 March 2023 – poLight ASA (OSE: PLT) today announced that the company has been informed that XINGJI MEIZU released 3 new smartphones named MEIZU 20, MEIZU 20 PRO as well as MEIZU 20 INFINITY. The latter uses TLens® in the high-performance compact selfie camera. This smartphone is described as a technological work of art. This announcement is related to the earlier announced smartphone design-win dated 24 January 2023.

“Finally, it has been confirmed that the first smartphone will be on the market using our unique TLens® product. We are very proud of being selected by this innovative team at XINGJI MEIZU. MEIZU 20 INFINITY is a flagship smartphone and hence the volume is expected to be low, and potentially no further purchase orders beyond what was announced on January 24th may be needed. Regardless, this marks a very important validation reference for us and gives poLight the opportunity to showcase our unique tunable optics technology in this mobile market segment,“ said Dr. Øyvind Isaksen, CEO of poLight ASA.