EMagin Confident of VR Microdisplay Deal With Major CE Company by Year-End
Microdisplays supplier eMagin is “very excited” about progress it’s making “in advancing our discussions with a number of potential commercial customers” for consumer applications of its virtual-reality technology, said CEO Andrew Sculley on a Thursday earnings call. “The pace of…
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our discussions has accelerated, which gives me great confidence that we will have an additional agreement by year-end with a major consumer electronics company,” Sculley said. VR needs high brightness to eliminate motion artifacts, he said. That’s why high brightness is one of the “overarching objectives” of eMagin’s R&D road map, he said. Its full-color OLED direct-patterning technology on silicon chips is the only display technology in the market that exceeds 5,000 nits of peak brightness, he said. “Everyone we speak with about the VR market wants above 3,000 nits. Hence, we are the only company that has demonstrated this capability.”