I want to make serial communication between two microcontroller using IR. but i donot want to use IR reciever moudels (from vishay) instead i want to use simple IR led as transmitter and IR photo-diode as reciever. to decrease the cost.
With a modulated signal (typically around 40 KHz) from the sender and a bandpass filter for the same modulation frequency on the receiver then you can be relatively immune from spurious signals, particularly big DC signals like sunlight or even incandescent bulbs.
An outgoing signal is easy to modulate. On the receiver side, you'll have to run the numbers to see whether it's more cost effective to spend non-recurring engineering costs in designing your own receiver or to just buy a canned module.
If it's for self/class/curiousity, then a build-it-yourself would be a fun project. If for a commercial product, much harder to justify. There may also be patent issues involved in a new design where, presumably, royalties and rights for commercial use would already be part of the price of an off-the-shelf unit.
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