The Mitsubishi LaserVue could mark a turning point in the aspiring chipmaker’s fortunes, after optoelectronics supply deals in India put a big burden on its finances. Australian optoelectronic company Arasor is continuing to refocus its business towards laser chip manufacture, despite losses forcing it into drastic cost cutting.
Arasor claims to provide Mitsubishi with light engines that include the Necsel laser projection system made by Novalux, whose purchase Arasor completed on May 8. Former Novalux CEO William Mackenzie will replace Simon Cao as CEO of Arasor on June 1, although Cao will remain executive chairman “to focus on global strategic initiatives”.
