microvision

MicroVision Releases First Quarter Results for 2011

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Today, MicroVision released its Q1 2011 operating results.  Product revenue nearly doubled from the prior quarter to $1.1 million, as sales of ShowWX+™ ramped.  Their backlog decreased to $1.5 million.  This is a result of a delay in the product launch for the high-end media player, which had accounted for about $11.9 million of the previously-communicated backlog.  The OEM customer plans to launch the media player in the second half of 2011.  According to the press release, "MicroVision has removed these orders from its backlog until more information regarding the timing and quantity of engine deliveries can be established."

 

MicroVision Schedules Q1 2011 Conference Call

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Late yesterday, MicroVision announced that it would host its Q1 2011 conference call at 8:30am ET on Thursday, May 5th.  The developer of advanced laser-based MEMS imaging technology will discuss its financial results and operating results.  Best known for its ShowWX™ and ShowWX+™ pico projector products, MicroVision has made steady progress toward streamlining its operations as it approaches commercialization of PicoP® enabled products using direct-emitting green lasers with the aid of its partner, Pioneer.

 

Pioneer Looking to Address In-Car Infotainment and Driver Safety

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In a recent article, Engadget discusses a very interesting device from Pioneer called AppRadio.  While not available (yet), the device would interface with the Apple iPhone to bring added flexibility and a superior user experience for in-car infotainment. 

 

MicroVision ShowWX+™ Now only $349

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Today, MicroVision announced that its ShowWX+™ laser pico projector is now available for $349.  ShowWX+™ has 15 lumen brightness at WVGA (848 x 480) resolution and can connect to composite and VGA video sources (with the optional VGA dock), as well as all Apple products with the included adapter cable.

 

MicroVision Establishes New Global R&D Center

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Today, MicroVision announced the establishment of a new global research and development center at Nanyang Technological University (NTU) in Singapore.

 

Pico Projection: a Disruptive Innovation Revisited

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In a  recent article, Pacific Media Associates (PMA) reported that sales of pico projectors grew 125% year-over-year in Q3 2010 (over 100,000 units for the quarter).  About 51% of those shipments were for products powered by Texas Instruments DLP® technology.  Similarly, iSuppli published a report predicting growth to over 7.3 million units by 2013 (CAGR of 258% from 2008).  Capturing just a small piece of this market could mean big revenue for display engine developers, such as 3M, Aaxa Technologies, and MicroVision, as well as Texas Instruments, who has taken the early lead.

 

Original MicroVision MEMS Chip from 1999

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We were recently contacted by Chips etc., who collect vintage electronics components.  Among their collection of Intel microprocessors and Panasonic vacuum tubes is one of the original MEMS scanning mirror assemblies from MicroVision.

 

MicroVision Receives Patent for Multi-mode Projection

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Today, the USPTO issued patent number 7,901,084 assigned to MicroVision simply
titled, "Image projector with display modes".  The inventors describe
the invention as such:

 

MicroVision Reveals Updated Strategy for 2011

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Today, MicroVision unveiled its corporate strategy for 2011.  At a high level, the company is focused on three key objectives.  Specifically, they will:

 

NionCom™ Has a Clear Vision of the Future of Consumer Electronics

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Since the NionCom™ announcement regarding the introduction of the MemoryKick™ Vision™ tablet, we have received a lot of questions from our readers.  We’ve highlighted Anthony Link, CEO of NionCom™, and Richard Parri and Logan Chittenden, co-founders of ImageAMMO™ on Picopros before.  Michael Seo is likely a new name for our readers.  However, Mr. Seo brings with him vast experience in creative product design and manufacturing, as well as important business ties, as you will soon see.  And, it is important that our readers know who he is and what his vision is for the company.