The Chinese optoelectronic component maker Focuslight(炬光科技) is riding the wave of more applications of LiDAR and has supplied its products to top-tier automobile brands such as Lexus LS500 series and Toyota Mirai models. The company updated on its product development in a recent institutional investor meeting.

High-power diode lasers and micro-optic components constitute a significant line of Focuslight's products. The company was founded in 2007 and is based in northwest China's Xi'an.

Focuslight offers a solid-state LiDAR of one-dimensional rotation for easier automotive-grade certification.

Priced at about RMB 4000($597.6) in the market, hybrid solid-state LiDAR is based on edge-emitting lasers. It is the mainstream automotive LiDAR type in mass production. Focuslight believes that prices can be reduced as it continues to work on reducing them through market scale and technological innovation.

In its semiconductor equipment business, Focuslight became TSMC's supplier in 2020 and made small-amount deliveries in 2021. This year, it entered the third round of sample verification for new customers, hoping to make shipments within this year.

It also started cooperating with domestic semiconductor equipment manufacturers such as SMEE to develop wafer annealing equipment systems.

The market demand for laser annealing, which is applied to flat-panel LCD, is far greater than that of laser lifting-off(LLO) used for flexible display.

Focuslight is catching up in this area. It provided a prototype to LG in 2020, and its mass production is expected in two to three years.