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October 19th, 2012
by Dawn Goetter
Osram Opto Semiconductors announced the launch of its first direct green laser (DGL) diodes yesterday and called out the significance for the pico projector market. “The commercial breakthrough for compact laser projectors is closer than ever before,” said Stephan Haneder, Marketing Manager for Consumer Lasers at Osram Opto Semiconductors. The release expanded on Haneder’s statement, noting that the compact laser diodes have a particularly high beam quality so they represent a milestone in the development of miniature projectors for mobile devices such as smartphones and cameras. Osram discussed the benefit of the DGL diodes specifically for MEMS based pico projectors such as MicroVision’s PicoP® display technology in the release. These statements and more detailed specs can be found on the Osram website.
This news was greeted enthusiastically here at MicroVision but it was no surprise. We have been updating shareholders throughout 2012 that we expected several DGL suppliers to be in the market by the end of 2012 which is exactly what we see with Osram joining the supplier to Pioneer that has been providing commercial DGLs for its Cyber Navi HUD product that is now selling in Japan. In addition to these two commercial supply sources, Sony has announced its intention to enter the DGL market with Sumitomo. Multiple suppliers for this component for PicoP display technology eases concerns OEMs may have about a single supplier and it can help drive availability up and price down through competition. We have discussed at length the benefits of DGLs over synthetic green lasers including a standard, smaller size, lower prices and higher volumes and yields.
When MicroVision was making the SHOWWX product line built around a Gen1 PicoP display engine, we had a direct supply relationship with laser manufacturers. Under our B2B “Image by PicoP” ingredient brand business model whereby we are licensing PicoP display technology to OEMs and ODMs and supplying MEMS, ASICS, software and reference designs, red, blue and green lasers will be procured directly by the OEMs or ODMs, not MicroVision. The role and importance of the lasers in PicoP display technology has not changed, and we stay engaged with the laser suppliers and the developments in the industry for our R&D efforts and advancement of PicoP display technology. What has changed is that we will not be buying any quantity of lasers to manufacture light engines.
We know that DGL supply has been a much anticipated and analyzed topic in the past for MicroVision followers and rightfully so. We are therefore truly delighted to share this news from Osram with investors and stakeholders in MicroVision.
October 3rd, 2012
by MicroVision Investor Relations
Today we filed an 8K with the Securities and Exchange Commission disclosing our selection of new independent accountants, Moss Adams starting with Q3 2012 earnings. As part of the ongoing cost reduction measures and transition to a business to business, ingredient brand licensing business model announced earlier this year, we have taken a look at each of our vendor relationships. We initiated a competitive bid process with the goal of engaging a quality accounting firm but also significantly reducing audit fees and lowering operating expenses of the Company. As a result of this process we selected Moss Adams. We thank PwC , with whom we developed a strong business relationship, for their many years of work for the Company. We are looking forward to a similar productive relationship with Moss Adams.
October 2nd, 2012
by Dawn Goetter
There are a lot of 50 year anniversaries this year popping up around me. Having debuted at the 1962 World’s Fair in Seattle, the Space Needle is honoring its 50th birthday by returning the needle to its original galaxy gold color and hosting numerous events throughout the year. Last week as we noted on our Facebook page, the Society for Information Display celebrated its 50th anniversary, and this year also marks the 50th anniversary of the laser semiconductor. We are marking this milestone year by sponsoring the IEEE Photonics Society’s 23rd International Semiconductor Laser Conference in San Diego October 7-10. With an international roster of speakers from business and the academic world it promises to be an in depth discussion of the latest developments in semiconductor lasers, amplifiers and LEDs.
To help us commemorate these 50 year milestones in the display and laser industries, visit with us if you happen to be in San Diego for the IEEE Laser Conference or if you are in Detroit October 18-19 at SID Vehicle Display where we are also exhibiting. And of course if business or pleasure travel brings you to Seattle, be sure to take a ride to the top of the Space Needle. Whatever color it is, the view is amazing and the fun of eating in a revolving restaurant never gets old.
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