A Time-of-Flight (ToF) module is commonly found in smartphones as the sensor module is used when a phone authenticates its owner through face recognition. Data released by Global Industry Analysts, a market research firm, showed that the estimated global market for ToF sensors reached $2.7 billion in 2020.
ToF sensors are also used in VR devices that allow users to have firsthand experiences in virtually created spaces. 3D ToF sensing technologies have been adopted by medical, engineering and education industries.
Through the strategic partnership with Microsoft, LX Semicon would develop 3D ToF sensor solutions. "We will provide customized solutions that can create future values in various sectors by cooperating with Microsoft's cloud-based 3D sensing platform," LX Semicon's executive director Lee Jae-deok was quoted as saying.
LX Semicon has developed sensor solutions for internet of things (IoT) devices and automobiles. The company will use Microsoft Azure, a cloud computing service for building and managing applications, to provide consumer-based object recognition services. In 2019, Microsoft released mixed reality glasses called HoloLens 2 that allows users to explore the digital space. The device, which recognizes gestures and voices, can offer hands-on experiences without being connected to PCs and smartphones.
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