Boston, MA 06/06/2014 (wallstreetpr) – Microvision, Inc. (NASDAQ:MVIS) on June 6, 2014 announced its collaboration with major global electronics brand (a new customer), for development of a display engine that can be used in pioneering smartphone products. Microvision is a market leader in pioneering ultra-miniature projection display technology. The companies have decided to collaborate on the innovative display engine technology so as to bring the product in the market by second half of 2015.
Statement from the President and CEO of Microvision
The President and CEO of Microvision, Alexander Tokman said that Microvision, Inc. (NASDAQ:MVIS) was pleased to work with industry-leading electronics brand in order to bring out the display engine for innovative product which would make use of PicoP display technology of Microvision.
Second Kind of Collaboration
This is said to be the second kind of a similar collaboration by Microvision. The company has been collaborating with major electronics brands listed on Fortune Global 500. Earlier, it had collaborated with a similar kind of a brand for its custom display module which incorporated PicoP® display technology.
What is PicoPdisplay technology?
The PicoPdisplay technology by Microvision, Inc. (NASDAQ:MVIS) is primarily an ultra-miniature laser projection solution meant for various applications such as automotive head-up displays, mobile displays and a lot more. It is used for providing powerful display which in turn projects high-definition and focus-free content from a low-power display engine. The technology used by the company allows the OEMs to offer high-quality and high-definition consumer viewing experience.
This technology allows the consumers to get enhanced view and share information in a better way. PicoPdisplay technology is said to be the new element in the market which consumers are searching for a better and attractive mobile experience. This technology enables the consumers in business collaboration, personal entertainment, driver safety, social engagement and a lot more things imaginable under the realms of OEMs.
