Mystery company spends $10 million on exclusive license for MicroVision display engine technology

MicroVision has announced a new five-year global licensing agreement with a leading global technology company. Under the agreement, MicroVision will receive a $10 million license fee in 2018.

According to Memes Consulting, MicroVision (NASDAQ: MVIS), the industry's leading innovator in ultra-miniature projection display and sensing technology, has announced that it has signed a licensing agreement with a leading global technology company ( Due to competition, the licensee company name was not announced, but some insiders speculated that the mysterious company was a Japanese manufacturer such as Sharp or Sony. The agreement allows licensees to use MicroVision display technology for production and sales based on MicroVision reference designs. Display Engine. This agreement grants Licensee the exclusive worldwide license to MicroVision display technology for the next five years. To maintain exclusivity, Licensee is required to purchase the minimum number of Micro Electro Mechanical Systems (MEMS) scanning mirrors and ASICs from MicroVision ( ASIC).

'We are pleased to announce this agreement with the recognized leader in global electronics and component manufacturing and sales,' said MicroVision CEO Perry Mulligan, 'This licensing agreement for display technology effectively validates our targeting Product route planning and marketing strategy in five major vertical markets. We believe that the exceptional manufacturing capabilities of licensed companies and the use of our laser beam scanning technology will help MicroVision reduce product costs and capture us New customers in other vertical industries served. '

The mystery company has agreed to pay MicroVision a $10 million license fee in 2018. It is expected to pay the first $5 million in the quarter and plans to complete the remaining $5 million in October. As part of the agreement. MicroVision expects to receive additional payments for temporary engineering fees and services related to process and product transfer and certification.

The protocol is limited to general projection displays, excluding interactive displays, lidars, 3D sensing, or near-eye displays (such as augmented reality or virtual reality) and other related MicroVision technology licenses, which are still part of MicroVision's main vertical market.

MicroVision is the creator of PicoP scanning technology, a laser beam scanning (LBS) technology for micro-projection and 3D sensing applications. MicroVision has launched three models based on PicoP scanning technology for different application needs. Display engine, respectively, small size display engine, lidar sensing engine, interactive display engine.

The MicroVision small-size display engine chip is only one business card size and only a few millimeters thick, achieving the perfect combination of image brightness, resolution, size and power consumption. This compact size makes it very easy to embed into a smartphone, portable In the media player, tablet and other mobile devices, the projection large screen display.

MicroVision's lidar sensing engine uses MicroVision's latest Time-of-Flight (ToF) ASIC (MTOF ASIC). This MTOF ASIC is based on a high-performance RF process developed for MicroVision's MEMS scanning mirrors and other system components. Designed to improve the accuracy of LiDAR, reduce the size of LiDAR, and capture the surrounding 3D point cloud. It achieves MicroVision's low power and low cost targets for ASIC projects, providing small, economical LiDAR products to consumer electronics. Smart home and car market.

MicroVision interactive display is mainly used in the Internet of Things (IoT) and artificial intelligence (AI) platforms, capable of projecting high-definition images and implementing a touch-sensitive interactive experience similar to a smartphone or tablet. The MicroVision interactive display engine is an all-in-one integrated unit. Integrates an integrated photonic module (IPM) containing MEMS and lasers, a 'short throw ratio' optical module, two photodiodes, and an electronic platform module containing MicroVision's unique ASIC and system control software ( EPM).

Its 'short-focus ratio' optical module enables the diagonal width of the image to be twice the height of the interactive display device. With the focus-free projection display and 3D depth sensing of the ToF sensor, this interactive display engine can achieve true 3D. Operation. The user can interact with the projected image on any uneven surface, even if there are objects or obstructions entering the sensing area, it will not affect the operation. The interactive display engine realizes the touch by collecting and outputting 3D point cloud data. And gesture operation applications.

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