The startup is known for developing new camera technologies for smartphones
Apple may be launched it over-hyped iPhone X last, week but the iPhone 8 and iPhone 7 Plus are already in demand due to the new camera technology. However, the most valuable company on the globe has been accused by an Israeli startup for patent infringement. The startup inculpated Apple for stealing its camera technology and using it in the latest products.
Corephotonics Ltd, the startup work to built dual camera technologies for smartphone and mobile devices. On Monday, the startup has filed a case of infringement against Apple in the court of San Jones, California. The company stated that Apple has integrated the dual camera technology in its iPhone 7 plus and iPhone 8 plus which was patented by the startup.
In the lawsuit, the iPhone maker is accused of using the dual camera technology without any authorization. According to the David Mendlovic, Corephotonics Chief Executive the first approaches to Apple for proposing a partnership offer over the camera technology. Apple has appreciated the work on the new camera technology, however, the company did not agree on providing a license to it.
As per the official statement recorded in the lawsuit “Apple’s lead negotiator expressed contempt for Corephotonics’ patents, telling Dr. Mendlovic and others that even if Apple infringed, it would take years and millions of dollars in litigation before Apple might have to pay something.” The dual camera feature helps the iPhone to zoom the images without compromising with the quality of the images.
The startup has raised almost $50 million from the leading venture capital firms and investors around the world. The camera innovating firm raised $15 million in the January from the investors, including Samsung Ventures, electronics manufacturer Foxconn and chipmaker MediaTek In. Corephotonics’ also have some other big investors in its bag such as Magma VC, Amiti Ventures, Hong Kong billionaire Li Ka-Shing and Solina Chau’s Horizon Ventures, as well as Chinese telephone services provider CK Telecom and the flash storage maker SanDisk.