Development activities in 2014 to support possible product introduction in 2015.
MicroVision, Inc. (MVIS), a leader in innovative ultra-miniature projection display technology, today announced that it is collaborating with a major global consumer electronics brand to develop a display engine for use in an innovative smartphone product.
This new customer, listed on the Fortune Global 500, is a leading name in consumer electronics. The companies plan to collaborate on this development activity targeting a possible second half 2015 product introduction.
“We are extremely pleased to be working with this industry-leading electronics brand on a display engine for a truly innovative product incorporating our revolutionary PicoP display technology,” said Alexander Tokman, president and CEO of MicroVision.
This design win, which is the culmination of months of design work and technical discussions, is the second for MicroVision with a major electronics brand on the Fortune Global 500. Previously the company announced a development agreement with another global electronics brand for a custom display module incorporating PicoP® display technology. MicroVision has announced that it is ramping up for volume production of key components with the goal to be ready in the second half of 2014.
MicroVision’s PicoPdisplay technology provides a powerful display solution that projects high-definition, focus-free content from a tiny, low-power display engine. MicroVision’s technology enables OEMs to deliver a high-quality consumer viewing experience to their customers by offering enhanced ways to view and share information. Whether for personal entertainment, social engagement, business collaboration, driver safety or in whatever way OEMs’ imaginations take them, PicoP display technology could be the exciting new element that consumers are searching for to elevate their mobile experience.