Kingray to gear up for approval as new vendorBy Angelica Oung / Staff reporterOptical filter maker Kingray (晶瑞光電) yesterday said it plans to raise capital to purchase equipment to massively expand production after it becomes an approved vendor for STMicroelectronics NV. “Getting that vendor code was a very difficult process,” Kingray chief executive officer Leo Tsou (鄒政興) said, adding that STMicroelectronics would be a “key client.”STMicroelectronics is the maker of time-of-flight (TOF) modules for Apple Inc, among other clients. TOF modules require a narrow band pass filter (NBPF) to isolate the infrared wavelength, which is optimal for facial recognition. Kingray Technology Co chief executive officer Leo Tsou, left, and chief financial officer Rio Lai pose for a photograph at a news conference in Taipei yesterday. “We are hoping to reach profitability possibly in the third quarter of 2021,” chief financial officer Rio Lai (賴俊文) said.

Source: Taipei Times April 14, 2021 15:56 UTC