Saturday, February 17, 2007

ESS Shuts Down Camera Phone Business

EETimes: It's official - ESS said it would cease operation of its camera phone business and pursue licensing of its image sensor technology and patents. The company said this action would reduce operating expenses by roughly $2 million per quarter.

ESS announced it would sell the camera phone line last September, when the firm cut 25 percent of its work force. Perhaps nobody was interested in buying it.

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