SAN JOSE, Calif.--(BUSINESS WIRE)--
FotoNation Limited, a wholly owned subsidiary of Tessera Technologies,
Inc. (
TSRA) and the leading provider of computational imaging
solutions for mobile phones and digital still cameras, and Huawei, a
leading global information and communications technology (ICT) solutions
provider, today announced that Huawei will use FotoNation’s FotoSavvy™
beautification algorithms in the cameras of its latest premium
smartphones, the P8 and Honor 7, as well as additional upcoming models.
“The capability and quality of a smartphone's camera is increasingly
becoming a key criteria for users evaluating these devices," said Gang
He, President of Huawei mobile phone product line. "We consistently
strive to provide our users with the best photography experience.
FotoNation is a leader in the digital imaging space with a deep
understanding of our devices. Implementing FotoNation technology in the
P8, Honor 7, and other handsets is a critical step toward a simpler and
more intuitive mobile camera experience."
FotoNation's beautification algorithms identify and interpret
scene-influencing factors like light, color, gender and age when
shooting still images or videos, and seamlessly adjusts settings to
achieve the best possible picture. The increasing use of front-facing
cameras to take 'selfies,' along with the shortcomings of existing
technologies in the marketplace, drove the development of Perfect Selfie
in the P8, as well as the beautification solutions in the Honor 7.
"Huawei is a world leader in the smartphone industry with a relentless
drive to improve and innovate, and we are thrilled to extend our
partnership with them as they set the course for the future of this
market," said Sumat Mehra, SVP of marketing and business development at
FotoNation. "We have demonstrated our ability to customize our
technology to fully take advantage of the Huawei handsets’ mobile
imaging capabilities. This allows us to jointly deliver the best
possible photography experience to the end user."
FotoNation’s face-and-eye detection and tracking technologies, already
found in 60% of tier-one smartphones, represent the foundation of our
beautification suite of products. As part of the FotoSavvy™ product
family, our beautification technology aims to change the way users
experience mobile photography.
Safe Harbor Statement
This document contains forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve risks
and uncertainties that could cause actual results to differ
significantly from those projected, particularly with respect to the
characteristics, benefits, and features of FotoNation technologies and
the use of such technologies and the timing of implementation of such
technologies in Huawei Technologies Co. Ltd. smartphones. Material
factors that may cause results to differ from the statements made
include the plans or operations relating to the businesses of Tessera
Technologies, Inc. (the “Company”); market or industry conditions;
changes in patent laws, regulation or enforcement, or other factors that
might affect the Company's ability to protect or realize the value of
its intellectual property; the expiration of license agreements and the
cessation of related royalty income; the failure, inability or refusal
of licensees to pay royalties; initiation, delays, setbacks or losses
relating to the Company's intellectual property or intellectual property
litigations, or invalidation or limitation of key patents; fluctuations
in operating results due to the timing of new license agreements and
royalties, or due to legal costs; the risk of a decline in demand for
semiconductors and products utilizing FotoNation technologies; failure
by the industry to use technologies covered by the Company's patents;
the expiration of the Company's patents; the Company's ability to
successfully complete and integrate acquisitions of businesses; the risk
of loss of, or decreases in production orders from, customers of
acquired businesses; financial and regulatory risks associated with the
international nature of the Company's businesses; failure of the
Company's products to achieve technological feasibility or
profitability; failure to successfully commercialize the Company's
products; changes in demand for the products of the Company's customers;
limited opportunities to license technologies due to high concentration
in the markets for semiconductors and related products and smartphone
imaging; and the impact of competing technologies on the demand for the
Company's technologies. You are cautioned not to place undue reliance on
the forward-looking statements, which speak only as of the date of this
release. The Company's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year ended
Dec. 31, 2014 and its Quarterly Report on Form 10-Q for the quarter
ended June 30, 2015, include more information about factors that could
affect the Company's financial results. The Company assumes no
obligation to update information contained in this press release.
Although this release may remain available on the Company's website or
elsewhere, its continued availability does not indicate that the Company
is reaffirming or confirming any of the information contained herein.
About FotoNation
FotoNation is giving life to computational imaging by merging technology
with emotion. With technology in more than 60 percent of global tier-1
smartphones, FotoNation develops technologies that serve the
computational imaging space for handsets and cameras, as well as the
automotive, surveillance, security, and augmented reality markets. We
create, innovate and deliver the next generation of computational
imaging algorithms. We engineer new ways to reach the highest possible
performance while keeping system requirements to a minimum. We have a
long history of innovating and advancing the state of the art in image
processing. More than a decade ago, we were the first to integrate a
computational imaging solution in an embedded mobile device. Today,
FotoNation remains the leader in computational photography and computer
vision. Nearly two billion digital cameras and smart devices are powered
by the imaging technologies designed by the sharp minds and passionate
hearts of FotoNation engineers. For more information visit
www.fotonation.com.
About Huawei Consumer Business Group
By 2014, Huawei’s products and services have covered more than 170
countries, and a third of the world’s population. Huawei’s shipments of
smartphones ranked third in the world in 2014. Huawei has 16 R&D centers
have been set up in the US, Germany, Sweden, Russia, India, and China.
Huawei Consumer Business Group is one of three businesses within Huawei,
covering smartphones, mobile broadband devices, home devices and cloud
services. Based on more than 20 years of Huawei’s expertise in the
telecom industry, built on Huawei’s global network, worldwide operations
and business partners, Huawei Consumer Business Group is dedicated to
providing the latest technology to the consumers and bringing the joy of
technological advances to people all around the world. Huawei acts on
its word and fulfills dreams. For more information please visit:
www.consumer.huawei.com