This also confirms that pretty much no one knows about Microvision yet. (if they have to describe a pico projector this way, the word isn't out yet.)
STM Stealthy Giant
On the consumer side, you have companies like Nintendo Co., Ltd (ADR) (OTCMKTS: NTDOY ) that are using its motion sensors and touch screen integrated circuits in its new Switch console/handheld hybrid. On the industry side, you have cutting edge firms like Microvision, Inc. (NASDAQ: MVIS ) partnering with STM to develop laser beam scanning technology to enhance products for augmented and virtual reality, as well as pico projectors (tiny digital projectors that can fit in your hand).
These are just a couple typical deals that STM has been in engaged in for decades. But the compelling thing about STM now is, the tech it has been building and perfecting, it's time has come.
The other significant advantage STM has in this sector is its size. Now that companies are investing in this kind of transformative tech, they need a proven supplier that can deliver large quantities of high quality products.
And STM can deliver both.