CML Announces Hutchinson Technology as OIS Actuator Manufacturing Partner
Friday, August 1st 2014
Hutchinson's expertise and volume manufacturing capability ideally suited to bring OIS product to the market
Cambridge Mechatronics Ltd. (CML) is pleased to announce that its development and manufacturing partner for its optical image stabilization (OIS) actuator products is Hutchinson Technology Incorporated (HTI).
Based in Minnesota, U.S. and with manufacturing facilities in the U.S. and Asia, HTI is a leading manufacturer of micro-scale precision electromechanical products. Their scope of operations includes fully automated component manufacturing and assembly, in-house precision tooling, and state of the art quality systems.
HTI’s current core business is the design, development and manufacturing of suspension assemblies - the precision actuator component that holds the recording head in a hard disk drive - of which it produces in excess of one million per day. This capability makes HTI ideally suited to bring the OIS actuator product to the market.
"We recognize the potential for volume growth of OIS-enabled cameras for the smartphone market, and we are delighted to be able to supply a key component,” said Rick Penn, President and CEO of HTI. “CML's actuator design, based on its smart metal technology, is ideally suited to leverage our established expertise and capabilities, using the production equipment and manufacturing processes that we have developed and refined for our hard disk drive suspension assemblies. The smart metal based product has a number of competitive advantages for the smartphone camera market, including the ability to miniaturize, to provide a reliable volume supply and to ultimately drive down costs. HTI has decades of experience supplying precision components for products in the consumer electronics market with its unparalleled demands for capacity, quality, continuous improvement and cost competitiveness. We are excited about this opportunity and look forward to bringing this OIS actuator to the market in conjunction with CML."
Martin Knight, Chairman of CML, said, "HTI is perfectly suited to the mass manufacture of the OIS actuator product. Its ability to develop and manufacture precision components in large volume at competitive cost will enable us to further our existing market penetration of the smartphone camera market. We are excited by the huge potential for sales of this product."
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