Sunday, February 11, 2018

Apple, LG, Valve bet on OLED microdisplays technology, invest $10 million in eMagin

TechObserver reports : Maker of OLED microdisplays eMagin is getting attention from tech giants such as Apple and LG as they bet big on VR and AR for future growth. According to documents filed with the US Securities and Exchange Commission Apple, LG and Valve have made $10 million investment in eMagin.

eMagin is New York-based company that makes microdisplays used in the military, medical and industrial fields, but it has recently turned its attention to companies building consumer headsets. "We entered into strategic agreements with multiple Tier One consumer product companies for the design and development of microdisplays for consumer head mounted devices and, together with these companies, negotiated with mass production manufacturers for higher volume production capabilities," eMagin said in its filing.

Article: LINK

The company's flagship product is a 2K display with a resolution of 2,048x2,048 pixels and a 70 percent fill factor, the percentage of each pixel that can be used to gather light. (Picture from OLED-Info LINK)

No comments:

Post a Comment