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H1 Sales of OLED Microdisplay Company eMagin Falls by 3.8%… USD 1 Million Profit in Licensing

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eMagin`s Microdisplay (Source = eMagin)

Hyunjoo Kang / jjoo@olednet.com

eMagin, an OLED microdisplay company which is a technology that is needed for VR device, AR device, medical device, etc., showed 3.8% fall in H1 2016 sales compared to the same period last year with net loss of USD 2.404 million.

According to eMagin’s Q2 2016 performance results announced on 11 August, the company recorded sales of USD 5.5 million in sales, a decrease of approximately 11% compared to the same period in 2015.

As such, eMagin’s total sales in H1 is USD 12.534 million, approximately 3.8% less than H1 2015. While the product sales did not significantly differ, the government contracts suffered compared to the same period last year. However, the company recorded profit of USD 1 million in licensing revenue which did not occur in H1 2015. eMagin holds VR headset related intellectual property rights.

eMagin recorded a net loss of USD 2.164 million in Q2 2016, and a net loss of USD 2.15 million in H1 2016. Compared to the net profit of USD 0.254 million in the same period last year, this is a fall of USD 2.404 million. Andrew G. Sculley, CEO of eMagin, explained that the government contract volume was low and there were some manufacturing equipment downtime. He emphasized that eMagin is the only company that can satisfy the resolution and luminance demanded by the expanding VR and AR market.

OLED Microdisplay 업체 eMagin 상반기 매출 3.8%↓…라이선스 매출 100만달러 발생

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eMagin `s Microdisplay ( Source = eMagin )

강현주 / jjoo@olednet.com

가상 현실 (VR) 기기, 증강 현실 (AR) 기기 및 의료용 기기 등을 위한 OLED 마이크로디스플레이( Microdisplay ) 기술 업체인 eMagin 이 2016년 상반기 매출이 전년동기보다 3.8% 하락하고 미화 240만4000달러의 순 손실을 낸 것으로 나타났다.

11일 (현지시간) eMagin 이 발표한 2016년 2분기 실적자료에 따르면 이 회사는 지난 2분기에 전년 동기 대비 약 11% 하락한 550만 달러의 매출을 기록했다.

이로써 이 회사는 상반기 총 매출은 전년 동기보다 약 3.8% 떨어진 1253만 4000달러다. 상반이 제품 판매 매출은 큰 차이 없지만 정부로부터의 계약 수주가 지난해 같은 기간보다 부진했다.

하지만 전년 동기에는 없었던 라이선스 매출이 올해 상반기에는 100만 달러 발생했다. 이 회사는 VR 헤드셋 기술 관련 지적 재산권을 가지고 있다.

올해 2분기 이 회사는 216만 4000달러의 순손실을 기록, 상반기 순손실은 총 215만 달러다. 전년동기 25만 4000달러의 순이익에 비해 240만 4000달러가 하락했다.

이 회사의 CEO인 Andrew G. Sculley 는 “올해 2분기에는 정부로부터의 계약 규모가 작았고 우리 제조 기기에 다운타임이 있었다”고 설명했다.

Sculley CEO는 “우리는 소비자들의 수요가 확대되고 있는 VR, AR 시장에서 요구하는 해상도와 밝기를 충족할 수 있는 기술을 가지고 있는 유일한 업체라고 믿는다”라고 강조했다.

Sony, unveiled a high-resolution single-lens OLED module

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Sony developed a glasses-style smart device of a single-lens display module.

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<Single-lens display module>

Source: Sony

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<(top) sample field of vision, (bottom) module attached to eyewear piece>

Source: Sony

 

This module was designed by Sony to be a small and light weight glasses-style composed of OLED microdisplay, micro-optical unit, and miniaturized control board.

It is the smallest display module as a 0.23-inch high-resolution (640×480) OLED microdisplay. The contrast ratio is over 10,000:1 with 100% sRGB. Generally the RGB stripe is used to secure the color purity, but this panel uses the optimized matrix configuration.

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<Display arm of the module>

Source: Sony

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eMagin, developed IHMD to lead the microdisplay market

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The U.S based OLED microdisplay company eMagin released the development of the Immersive Head Mounted Display (IHMD) on the company’s website which is to be the next generation of microdisplay.

This IHMD of eMagin is equipped with 2k by 2k high-resolution OLED microdisplay and patented optics compared to the bigger and lower resolution cell phone display and conventional optics.

Andrew Sculley, the CEO of eMagazin said that, ‘We will shift the performance and paradigm of VR HMD by developing a wide range of applications.’ Jerom Carollo, the vice president added that ‘OLED microdisplay is the fundamental reason that the size and the weight of VR HMD counterpart can be reduced in half.’

A field of view is over 100 degrees and the resolution is from 1 megapixel per eye (MP/eye) to 4 MP/eye. The IHMD offers the viewer function like ‘flip-up’ which is not available in any other VR HMD.

eMagin announced that it will hold an open competition to launch the IHMD. The first prototype is expected to be completed at the end of 2014 with the resolution of 4 MP/eye. eMagin hopes the IHMD to be applied to diverse areas including game, medical, architecture, 3D design, education, military use, etc., and the initial target will be the game market.

Oculus Rift’s DK2 shipment just begins

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Oculus, an American VR business, began shipment of the 2nd generation product, DK2.

According to OLED info, pre-order of DK2, the 2G product of Oculus, began in March, 2013 and 45,000 units were ordered by June, 2014. Ten thousand out of 45,000 units has been shipped on July 1st and the remaining will be shipped in the middle of August.

Oculus used LCD display for the first prototype but OLED display was used for the new product on the market. A video clip uploaded on Oculus’ homepage (http://www.oculusvr.com/) explicitly shows why Oculus used the OLED rather the LCD for faster response speed. Also replacing the LCD with the OLED greatly reduced motion sickness due to 3D while adding a positional tracking feature by mapping you movements with a camera and infrared light.

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