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Focuslight Technologies announced that its wholly-owned subsidiary, Focuslight Switzerland, plans to sign a technical license agreement with a leading global semiconductor foundry (customer code: AH Company). The agreement grants the company the right to use technologies related to micro-prism lens arrays and vertical optical couplers. The agreement stipulates a one-time technical license fee of $13 million and includes royalties for licensed products. The agreement will take effect from the date of signing and will remain in force until terminated as agreed. This transaction is still subject to approval by the company's shareholders' meeting and is expected to have a positive impact on the company's operating performance in the current and future years.
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