VIA optronics AG Announces Plans to Install New Production Equipment for its Cameras

Implementation planned in Q4 2022 for existing automotive OEM customer at a partner´s facility in Thailand

NUREMBERG, Germany--(BUSINESS WIRE)-- VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a leading supplier of interactive display systems and solutions, today announced plans to establish a new camera production line in Thailand. The mission-critical production equipment will be owned by VIA optronics and the line will be operated by an electronics manufacturing services (EMS) partner. Initially, the line will be dedicated to an existing automotive electric vehicle (EV) customer. Camera systems are becoming an increasingly important feature for cars with demand for these systems growing rapidly. These systems remain crucial for advancing autonomous driving by recognizing passenger behavior to block or unlock relevant automotive functions and must be carefully planned and integrated.

Jürgen Eichner, CEO & Founder of VIA optronics commented, “Given the tremendous demand for camera systems, not only in cars, but also in agriculture, construction, and all types of outdoor equipment, this implementation is a major milestone for VIA. As the desire for driver and operator assistance as well as autonomous driving functions grows, camera images need to be precise and vivid with continually improving resolution. Depending on the design, the cameras produced with our new production equipment will allow for viewing angles ranging up to 180 degrees for a single camera to full 360 degrees surround view in combination. This equipment will allow VIA to use bare die instead of housed sensors, increasing the precision and cost-effectiveness of our solutions in serving the needs of customers.”

About VIA:

VIA is a leading provider of interactive display solutions for multiple end markets in which superior functionality or durability is a critical differentiating factor. Its customizable technology is well-suited for high-end markets with unique specifications and demanding environments that pose technical and optical challenges for displays, such as bright ambient light, vibration and shock, extreme temperatures, and condensation. VIA’s interactive display systems combine system design, interactive displays, software functionality, cameras, and other hardware components. VIA’s intellectual property portfolio, process know-how, optical bonding, metal mesh touch sensor and camera module technologies provide enhanced display solutions built to meet the specific needs of its customers.

Forward-Looking Statements

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Investor Relations for VIA optronics:

Lisa Fortuna

Sam Cohen

Alpha IR Group

VIAO@alpha-ir.com

Phone: +1 312-445-2870

Media:

Alexandra Müller-Plötz

AMueller-Ploetz@via-optronics.com

Phone: +49-911-597 575-302

Source: VIA optronics AG