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Shamir Optical Industry

Shamir Optical Industry is a physics topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Shamir Optical Industry rather than just read about it. In short: Shamir Optical Industry Ltd. is an international company headquartered in Kibbutz Shamir, Israel that develops and manufactures optical lenses for eyeglasses. In 2005, the company issued dual listings, on the Tel Aviv Stock Exchange and NASDAQ, becoming the first kibbutz company to be listed on NASDAQ.

Shamir Optical Industry — main illustration
Shamir Optical Industry — illustration

Key takeaways

  • Shamir Optical Industry belongs to physics; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Shamir Optical Industry to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Shamir Optical Industry from memory before moving on to harder problems.

Reference excerpt

Shamir Optical Industry Ltd. is an international company headquartered in Kibbutz Shamir, Israel that develops and manufactures optical lenses for eyeglasses. In 2005, the company issued dual listings, on the Tel Aviv Stock Exchange and NASDAQ, becoming the first kibbutz company to be listed on NASDAQ.

History The Shamir optics factory was established in Kibbutz Shamir in 1972 to meet the need of kibbutz members for non-agricultural work. To this end, the kibbutz signed an agreement with the American company "KMS Industries" (owned by Kip Siegel), to establish a bi-focal lens factory in Israel, with production intended entirely for export. As part of the agreement, the company, which produced optics for televisions, agreed to provide know-how to the factory and even to buy all its products for the first two years. In 1972, about two years after signing the agreement, Shamir Optical Industry Ltd was established, and the kibbutz optics factory for the production of bi-focal lenses was inaugurated by Pinchas Sapir, Israel Minister of Trade and Industry. The company expanded its production and started manufacturing progressive lenses in addition to its existing line of lenses in 1984. During that year, the factory's turnover was half a million dollars, and about 20% of the country's optics industry sector originated in the Kibbutz Shamir factory. In 1990, the company gained a foothold in the United States, with the establishment of its subsidiary, Shamir USA. Eleven years later, Shamir set up a distribution center to supply semi-finished lenses to laboratories across the United States, and for that purpose it set up another company called Shamir Insight Inc. In 2005, Shamir Optics became a public company, issued on both the Tel Aviv Stock Exchange and NASDAQ at a value of $225.4 million, making it the first kibbutz company to be issued on NASDAQ, and was the only company which has been listed on the American stock exchange that develops multifocal lenses. In 2008, Shamir strengthened its position in Europe by making the German distribution company, Altra Trading, a wholly owned subsidiary following the acquisition of 49% of its shares, adding to the 51% already held. The company merged with the French optics company Essilor in 2011. The merger was carried out through the purchase of 37% of shares from the public and another 13% of shares from Shamir Optical Industry Ltd., totaling 50% of the company, for $130 million. Upon completion of the merger with Essilor, Shamir was delisted from NASDAQ and became a private company. In 2011, Dymotech Ltd filed a $28 million lawsuit against Shamir and its partly owned subsidiary Inray Ltd. Dymotech Ltd. alleged that Shamir and Inray were illegally used Technion's intellectual property, and requested restraining order against them to prevent future use of its alleged intellectual property. In May 2021, Shamir completed acquisition of Lenstec Optical Group on behalf of its owner Essilor. In August 2022, EssilorLuxottica completed acquisition of 100% Shamir.

References

Illustrations

Shamir Optical Industry illustration

Worked examples

Example 1 — a first encounter with Shamir Optical Industry

Start with the simplest possible case. Write down what Shamir Optical Industry claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In physics, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Shamir Optical Industry before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Shamir Optical Industry ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Shamir Optical Industry

In research
Shamir Optical Industry appears in physics research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Shamir Optical Industry in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Shamir Optical Industry is common in secondary-school and first-year university syllabi. It links to neighbouring topics Israeli brands, Life sciences industry, Multinational companies headquartered in Israel, so understanding it makes those chapters shorter.
In everyday life
Look for Shamir Optical Industry outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Shamir Optical Industry in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Shamir Optical Industry means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Shamir Optical Industry out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Shamir Optical Industry in simple terms?

Shamir Optical Industry Ltd. is an international company headquartered in Kibbutz Shamir, Israel that develops and manufactures optical lenses for eyeglasses. In 2005, the company issued dual listings, on the Tel Aviv Stock Exchange and NASDAQ, becoming the first kibbutz company to be listed on NAS…

Why does Shamir Optical Industry matter?

Because it connects several physics ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Shamir Optical Industry?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Shamir Optical Industry.

Tags

  • Israeli brands
  • Life sciences industry
  • Multinational companies headquartered in Israel
  • Science and technology in Israel

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