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Trace Optical Acquires Whole Shares of FengMei Optical Blueprint for Its Automotive Lens Business to Become Integral

The structure of the in-car image camera supply chain has reshaped as the intelligent driving industry continues to stride forward.   It is announced that Jiangxi Trace Optical Co., Ltd. has recently concluded a transaction to acquire one hundred percent shares of Shanghai Fengmei Optical Co., Ltd. Through this deal, Jiangxi Trace Optical Co., Ltd. has made another solid progress towards its target to develop itself into a top tier supplier. The integration of both companies can enable Trace Optical to achieve not only horizontal integration in the technical respect but also vertical integration in the product range. As a result, the product mix will be hence improved.   The released investigation by Electrend shows that Fengmei Optical was founded in 2017 with the registered capital in an amount of 89.2 million CNY. Fengmei Optical is committed to the design, development, manufacturing and sale of optical components and assemblies for the automotive sector, and it primarily serves for the automotive OEM market by providing such products applied to various driving scenarios as optical lens assemblies for in-car cameras, optical modules for HUD devices, and optical lens assemblies for receivers and transmitters of LIDAR system and so on. The company is known for its superior R&D capabilities and good position in the marketplace.   Taking advantage of high-level automated production and large bulk supply service, Fengmei Optical has been shipping massive optical products to tier customers which ultimately goes to such OEMs as BYD, SAIC, FAW, GAC, Dongfeng, Chang'an, GWM and several other premium auto makers. It deserves notice that Fengmei Optical has been the largest supplier for BYD for a third year in a row in terms of the optical lens assemblies for around view cameras.   Incorporated in 2010, Trace Optical is headquartered in Longnan City, Jiangxi Province, with branch offices in Shenzhen, Taiwan and North America. Trace Optical is consistently dedicated to the design, development, manufacturing and sale of optical lens assemblies for the automotive sector. As a high-tech enterprise and a gazelle corporation that is chosen to be cultivated by the governmental authorities at the Longnan municipal level as well as the Jiangxi provincial level, Trace Optical has obtained almost 150 optics-related patents. The company possesses outstanding R&D capabilities characterized with in-depth knowledge and knowhow to consummate designs in the early stage including proper thermal compensation design concept for high and low temperature, design optimization for the avoidance of purple fringe and other challenging design concepts. The company is committed to incorporating superb designs and well-developed production process so as to ensure the performance of the lens assemblies such as defogging, water droplet contact angle, extra built-in electric heating and etc. The company is staffed by a group of professional technicians who worked for and were extensively trained by some famous optical companies both at home and abroad. Trace Optical has a complete set of manufacturing capabilities and quality systems in house ranging from the cold processing of glass lenses, ultra-precision tooling CNC, the injection molding of aspheric lenses, optical film coating, the automated assembly of lenses components and etc. Its product mix encompasses the lens assemblies used for AVM, DVR, DMS, OMS, ADAS for vehicles and lens assemblies used for IPC, Sport-DV, UAV, and AI.   As one of top ten global automotive lens suppliers, Trace Optical is deemed as a core supplier in the supply chain by some of top automotive Tier 1 players and end customers. Thanks to this, Trace Optical has been recently awarded the business for multiple variants of 3 megapixel lenses for AVM cameras and 3 megapixel lenses for CMS cameras. In addition, 5 megapixel lenses for OMS cameras and 8 megapixel lenses for ADAS cameras designed and developed by Trace optical draws considerable attention in the market after their launch, which leads to rapidly increased demand for the relevant products that are already in serial production at the moment.   A number of companies upstream and downstream the automotive camera industry chain think of this transaction highly with the belief that the transaction can bring about the benefits in the following four aspects.   The first aspect is product mix. Trace Optical is in a dominant position in supplying optical lens assemblies for automotive aftermarket and commercial vehicles. Fengmei Optical is profoundly competitive in the automotive OEM market. In particular, among Fengmei Optical’s existing product lines, HUD optical modules, light projection lens assemblies, optical lens assemblies for receivers and transmitters of LIDAR system and others can be complementary to current Trace Optical's product lines.   The second aspect is operational regions. Trace Optical has already set up a R&D center and a manufacturing base in Longnan of Jiangxi Province and sales offices in Shenzhen and Taiwan. East China is considered as an important area where new energy vehicles industry is clustered. The acquisition of Fengmei Optical can facilitate Trace Optical to provide better service to its customers falling into this region through direct interface to local R&D resources and convenient product delivery. The extension of footprints in multiple regions is strategically beneficial.   The third aspect is integration. Trace Optical attaches great importance to the investment in R&D. The shareholders starting up this company were graduated in optics major and are devoted to the design and development work at the company for a dozen of years. Both Trace Optical and Fengmei Optical have profound technical experience, well established facilities, and abundant customer base, and the mutual understanding of the optical lens industry for the automotive market is on the same page. There wouldn’t be too many challenges arising from integration. The effect of one plus one greater than two will soon play out.   The fourth aspect is company’s future prospect. Trace Optical is recognized as a rapidly growing and relatively ambitious high-quality company that has installed a young and vigorous team. The company has been keeping on investing a great deal in R&D, quality management and manufacturing in the past years for the purpose of building up itself into a brand company in the optical industry. Fengmei Optical has a strong background. With integration and combination of product mix, resources, and technical capabilities of both companies, the potential can be inspired and the strength can be bolstered.   According to the statistics published by Electrend, the shipment quantity of automotive lenses in the world has reached 260 million pieces in 2023. It is estimated from the market development trend that the shipment quantity in the next two years will be approximately 340 million pieces in 2024 and 420 million pieces in 2025 respectively.   The year of 2025 is thought to be a tipping point when the automotive industry is expected to restructure. In order to survive the competition, both traditional car makers and new energy startups are endeavoring to implement smart driving and intelligent cockpit systems which are equipped with cameras image sensors as mature solutions.   Tougher competition is taking place more than ever in the supply chain. Qualified suppliers are seeking not to be eliminated in the next stage As it is said, fear not the strong pass iron-clad on all sides, the summit is now surmounted with great strides. Taking the acquisition of Fengmei Optical as a new starting point, Trace Optical will continue to enhance its comprehensive strength, advance towards top listed supplier and write a splendid chapter.

2024

04/29

How do high resolution and wide-angle lenses in car dash cameras improve video quality and capture key details?

The high resolution and wide-angle lenses in car dash cameras enhance video quality and capture key details in the following ways: High Resolution: High-resolution lenses have more pixels, allowing them to capture more details and increase image clarity. This means that recorded videos are sharper, clearer, and more detailed. High-resolution lenses can display more details such as license plates, road signs, and other crucial elements, which is essential for accident investigation and evidence collection. Wide-Angle Lens: Wide-angle lenses provide a broader field of view, enabling them to capture more of the road scene. Compared to traditional lenses, wide-angle lenses can capture a wider perspective, including multiple lanes, intersections, and the surrounding environment. This wide-angle view helps to comprehensively record important details during driving, such as traffic flow, pedestrians, and obstacles, providing more comprehensive visual information. Low-Light Performance: High resolution and quality lens technology also means better performance in low-light conditions. In nighttime or challenging weather conditions, these lenses can capture more details and clarity, providing more reliable video recordings. This is crucial for investigating and analyzing accidents or incidents that occur in low-light or adverse weather conditions. In summary, the high resolution and wide-angle lenses in car dash cameras significantly improve video quality and help capture key details by providing more pixels, a wider field of view, and excellent low-light performance. These technological advancements make dash cameras powerful tools for evidence collection, providing drivers with safer and more reliable driving experiences.

2023

10/13

"Advancements in Car Dash Cameras Enhance Safety and Security on the Roads"

  In recent times, car dash cameras have emerged as a vital tool for drivers, providing increased safety and security on the roads. These compact cameras, typically mounted on the dashboard or windshield, capture high-quality video footage of the road ahead and the surrounding environment. One of the key advancements in car dash cameras is the integration of advanced driver assistance systems (ADAS) technology. ADAS features such as lane departure warning, forward collision warning, and adaptive cruise control work in tandem with the dash cameras to alert drivers of potential hazards and assist in preventing accidents. This combination of visual recording and intelligent safety features has significantly contributed to reducing road accidents and improving overall driver awareness. Another notable development is the introduction of high-resolution and wide-angle lenses in car dash cameras. With improved image sensors and lens technology, these cameras can capture clearer and more detailed footage, even in low-light conditions. The wide-angle lenses provide a broader field of view, ensuring that the entire road scene is captured, including critical details such as license plates and road signs. Furthermore, advancements in connectivity have made car dash cameras more versatile and user-friendly. Many modern dash cameras offer built-in Wi-Fi or Bluetooth connectivity, allowing users to wirelessly transfer and access recorded videos on their smartphones or other devices. Some models also support real-time streaming, enabling live monitoring and remote access to the camera's feed, which can be particularly useful for fleet management or surveillance purposes. The popularity of car dash cameras has also led to the development of advanced features such as GPS tracking and parking mode. GPS tracking enables users to record and track their precise location and speed, providing valuable evidence in case of accidents or disputes. Parking mode, on the other hand, utilizes motion detection or impact sensors to automatically activate the camera and record any incidents that occur while the vehicle is parked, offering an extra layer of security. As the demand for car dash cameras continues to grow, manufacturers are constantly innovating to meet the evolving needs of consumers. With the integration of advanced technologies, improved video quality, and enhanced connectivity features, car dash cameras are becoming an indispensable companion for drivers, promoting safer and more secure journeys on the roads.

2023

10/13

Title: Cutting-Edge Innovation: Introducing the Advanced IP Camera Lens

Title: Cutting-Edge Innovation: Introducing the Advanced IP Camera Lens In today's rapidly evolving world of surveillance technology, IP cameras continue to revolutionize the way we monitor and secure our surroundings. At the forefront of this innovation is the IP Camera Lens, a cutting-edge component that enhances the performance and capabilities of these devices. The IP Camera Lens boasts a range of advanced features designed to deliver superior image quality and optimal surveillance results. With its high-resolution capabilities, it captures crystal-clear footage, allowing for precise identification and analysis of critical details. Whether it's monitoring a bustling city street or a sensitive industrial facility, the IP Camera Lens ensures clarity and accuracy in every frame. One of the key advantages of the IP Camera Lens lies in its versatility. It offers a wide variety of focal lengths, allowing for flexible installation and adaptable monitoring solutions. From wide-angle lenses that cover expansive areas to zoom lenses that capture intricate details from a distance, this lens empowers security professionals to customize their surveillance setups according to specific needs. Furthermore, the IP Camera Lens embraces advanced optical technologies that optimize image performance even in challenging lighting conditions. Its low-light capabilities enable clear visibility during nighttime surveillance, while dynamic range enhancements ensure balanced exposure in high-contrast environments. This ensures that crucial details are not lost, providing comprehensive security coverage round the clock. In addition to its technical prowess, the IP Camera Lens is designed with durability and longevity in mind. Built with robust materials and precision engineering, it withstands harsh weather conditions and maintains exceptional performance over an extended lifespan. This reliability ensures uninterrupted surveillance operations, minimizing downtime and maximizing security effectiveness. As the demand for efficient and effective surveillance solutions continues to grow, the IP Camera Lens stands as a testament to technological advancements in the industry. With its exceptional image quality, versatile focal lengths, and robust construction, it provides security professionals with the tools they need to monitor, protect, and secure their environments with confidence. In conclusion, the IP Camera Lens represents a significant leap forward in surveillance technology. Its advanced features, including high-resolution imaging, versatility in focal lengths, and superior performance in various lighting conditions, make it an invaluable component in modern security systems. With the IP Camera Lens, security professionals can stay one step ahead, ensuring safety and peace of mind in an ever-changing world.  

2023

10/10

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