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Industry analysts Prismark Partners estimates that 600 millioncamera-enabled phones will be shipped worldwide in 2006 and expects thatnumber to grow to more than 975 million by 2010.
"Flextronics is the ideal partner to harness the capabilities of HP'sdigital imaging technology to open new markets," said Tara Bunch , vicepresident, Imaging and Printing Group, HP. "This agreement is a breakthroughfor the booming camera phone market because it will transform photos intohigher quality images into keepsakes to share and print."
Joe Beyers , vice president, intellectual property licensing, HP, said: "HPactively seeks to license its broad technology portfolio to industry leadersthat provide complementary design, manufacturing and distributioncapabilities. By leveraging HP's vast research and development capabilities,Flextronics will have a significant time-to-market advantage when it becomesthe first company to deliver high-quality camera phone modules."
Mobile device manufacturers should contact Flextronics' Components Group( www.flextronics.com ) for product availability information. The companiesexpect the new camera phones to be available to its customers in 2007.
HP is a technology solutions provider to consumers, businesses andinstitutions globally. The company's offerings span IT infrastructure, globalservices, business and home computing, and imaging and printing. For the fourfiscal quarters ended July 31, 2006 , HP revenue totaled