You probably don’t give too much thought to all the parts that make up your shiny new iPhone 4S, but there’s a whole Apple economy built in.
For example: that sharp new 8-megapixel camera that is a key feature of the new device is causing a lot of headaches for a company called OmniVision Technologies Inc. — there are already two law firms looking into what happened when Omnivision realized that it couldn’t supply as promised the camera for the iPhone 4S.
Faruqi & Faruqi is investigating potential wrongdoing – namely that someone at Omnivision violated federal securities laws by keeping mum that the company lost its image sensor contract with Apple and that delays in the development of its 8-megapixel product line were threatening the company’s future prospects. Harwood Feffer LLP has filed a filed a class action lawsuit along the same lines, alleging that the company violated the Securities Exchange Act by by concealing the loss of its exclusive contract with Apple.
Back in late August, OmniVision copped to production delays of its new 8-megapixel product that meant it wouldn’t be the exclusive producer of camera components for Apple’s new iPhone 4S. Once the news was out, OmniVision stock dropped $7.55 per share, over 30 percent.
The future looked anything but bright for OmniVision once it was clear that Sony was the supplier of the iPhone 4s camera, OmniVision stock tumbled another 9.4 percent.
15 responses to “Lawyers Focus on iPhone 4S Camera Supplier”
Something I’m curious about: Mike Elgan was initially very excited about his new iPhone 4S, but recently came out with an article saying that the 4S’s screen and photo quality is actually worse than the iPhone 4. Any 4S users want to contribute their own findings about this?
I’m intending on upgrading my original first gen 16GB iPhone to the new 4S in a month or two, but if there are image and screen problems I may wait a while for possible updates. Let me know your experiences with still photos, videos and screen displays as compared to the iPhone 4.
Check out this link for a comparison between all iPhones: http://campl.us/posts/iPhone-C…
I am not really a fan of the iPhone but I read an article the other day that showed an image that within it had 5 images (from each iPhone since the beginning) within it. The 4S had, by far, better image quality than the 4. Also, the screen quality is sharper, but I don’t know that it’s worth the upgrade if you have a 4 but definitely for a first gen device.
I upgraded to the 4S from a 3GS and am very happy with the picture quality. In addition to the photographs, I also think it takes great video.
Good luck!
Proof-read please. What is the Editor doing?
So many spelling mistakes and cases of the writer using the wrong word.. this hurts my head.
you have a first gen iphone…this shouldnt even be a question
I think you mean ” There are “