So, multiple sources who know what's going on, I'll believe this report.
I find the language interesting: "adopting next generation displays." I've read enough of these reports to know that it's assumed by many that the "next generation display" is assumed to be OLED, not confirmed to be. OLED is also a place where there is significant competition and many other take-over targets.
The degree to which Foxconn produces top quality products for a number of major OEMS, including Samsung, Sony, Apple, Hewlett Packard, Amazon, Google, Huawei and Xaiomi -- means that this deal could be an enormous leap forward for MicroVision.
OLED Producers
Reuters
Sharp Corp (6753.T) and Taiwan's Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with the talks said on Saturday.
The two companies will hold board meetings on Wednesday to approve the deal and officially sign a deal the following day, said the two sources with direct knowledge of the talks.
The deal would be the largest acquisition by a foreign company in Japan's insular technology sector. In choosing to negotiate with Foxconn, Sharp turned down a rival offer by a state-backed fund.
It would also boost Foxconn's position as Apple's main contract manufacturer and provide Sharp with funds to start mass-producing organic light-emitting diode (OLED) screens by 2018, around the time Apple is expected to adopt the next-generation displays for its iPhones.
Apple Insider
Showing posts with label Hewlett Packard. Show all posts
Showing posts with label Hewlett Packard. Show all posts
Saturday, March 26, 2016
Wednesday, November 5, 2014
Conference Call Highlights
There was a great deal of good news in the conference call today.
While there was an absence of specific product announcements, there's plenty there to let us know that it will be soon, and some good hints about what at least one of the products will be.
I have taken the liberty of adjusting the words for flow (If anyone thinks I've inadvertently changed the meaning, please comment and I will adjust it as required.)
Annual goal progress:
While there was an absence of specific product announcements, there's plenty there to let us know that it will be soon, and some good hints about what at least one of the products will be.
I have taken the liberty of adjusting the words for flow (If anyone thinks I've inadvertently changed the meaning, please comment and I will adjust it as required.)
Conference call highlights.
Annual goal progress:
- First, we announced in September that we completed the display module development phase with our partner.
- Second, we began supporting them with the display module commercialization efforts in the third quarter under the $1.5 million support agreement that we announced in October.
- And finally, we received purchase orders in September for MicroVision-specific components totaling approximately $1.9 million. And in fact, we commenced shipments of these components this quarter. .....The multiyear commercial agreement negotiations are in progress and we are targeting completion later this year.
Multiyear commercial agreement negotiations?! -- this should be good news for stockholders!!
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OEMS and Retailers interested in Multiple PicoP Products
Now what about additional opportunities? As we stated in our past quarterly calls, our business development efforts are focused on 4 main go-to-market coalitions that involve all the necessary stakeholders to enable a new market. In our case, this coalition includes display engine manufacturers, consumer-electronic OEMs and major retailers.
In Q3, we made significant strides on several go-to market paths in this area involving OEMs and major retailers that are interested in a variety of consumer electronic products that use PicoP display technology.
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Orders Shipping
In the third quarter, we began qualification cycle of production processes of MicroVision-specific components and our engineering quality and operations teams have been focused on production readiness activities to establish the baseline production capabilities. These activities are continuing in the fourth quarter as we ship and fulfill in customer orders.
In the third quarter, we began qualification cycle of production processes of MicroVision-specific components and our engineering quality and operations teams have been focused on production readiness activities to establish the baseline production capabilities. These activities are continuing in the fourth quarter as we ship and fulfill in customer orders.
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Multiple supply chains
These products will be built by OEMs, who make private label, or brand these products for retailers. Then the engine will come from one of our partners to go inside these products. Right now, we have multiple paths in works and they're at different stages........
The most important part from our side is to be ready with our MicroVision-specific component and enable the engine manufacturers, one of them who you already know and we announced, to be ready to provide their solutions to the product guys so they can basically start populating the retail channels.
Stable cash burn -- even during ramp up.
This is excellent news! one of the worries of company followers is that the company might have to raise money to increase production. This appears to indicate that this will NOT be necessary.
Q: (Uerkwitz).... should we expect OpEx to stay about where it's at or will we start to see that ramp up a little bit?
A...(Holt) The operating expenses are in a place where we expect to be able to ramp the business for a while with them. We're using contract manufacturers so as things ramp up, the investments that we have to make are not that large.
A...(Holt) The operating expenses are in a place where we expect to be able to ramp the business for a while with them. We're using contract manufacturers so as things ramp up, the investments that we have to make are not that large.
Contract in place with FG100 customer
Smaller scale because we are contributing less -- this does NOT mean that it is a small deal and that it will not lead to significant licensing and royalty revenue.
Q (Fitzgerald) ... is there a contract in place for that opportunity?
A (Tokman) .. That's correct. We have agreement in place. It's a smaller scale agreement than what we've done with Fortune Global 100 customer because we are contributing less.
A (Tokman) .. That's correct. We have agreement in place. It's a smaller scale agreement than what we've done with Fortune Global 100 customer because we are contributing less.
Market Launch with Global 100 this year?
Q: (Fitzgerald) Do you see -- foresee a market launch this year with that customer? (F100 company)
A: these are our partners, we are restricted from what we can say. But our goal, remember, was to be ready with our components to be shipped to them in the fourth quarter and we are on track. And hopefully, more communication will come out. But at this point, we cannot comment on their product introduction time lines.
A number of Products
Q: (Szulist)...are we talking about how many different products, potentially, will have retail debuts in 2015?
A: (Tokman) ...we believe it's going to be a number of products. ..... We're going to be ready with what we need to provide to everybody to be successful. ...we collected and commissioned some direct consumer data that we, in fact, we have been using with them to educate them how to more effectively sell these products in these markets.
Rapid Ramp up not a problem
Q: (Szulist) ...Let's say you got a $5 million order, can you reach that? And how long will it take you?
A: (Tokman) ... if somebody comes into us and says, "Look, can you get to $5 million per year rate?" We would give them a date and say, "Look, we can get to this rate by this date to this rate, but yes, we can eventually get to $5 million. No problem."
A: (Tokman) ... if somebody comes into us and says, "Look, can you get to $5 million per year rate?" We would give them a date and say, "Look, we can get to this rate by this date to this rate, but yes, we can eventually get to $5 million. No problem."
No Bottlnecks
Q: (Szulist) ...So you really don't have any bottlenecks and you're very scalable in your current business model?
A: (Tokman) ...We don't see it at this point in time. You can never be absolutely sure. But at this point in time, we feel comfortable about setting up baseline to enable the initial launches and also ramping this capacity to enable higher volumes.
A: (Tokman) ...We don't see it at this point in time. You can never be absolutely sure. But at this point in time, we feel comfortable about setting up baseline to enable the initial launches and also ramping this capacity to enable higher volumes.
Questioner apparently worried about meeting demand
What I read from this is that the questioner has seen the product, anticipates significant demand and is concerned about any impediments to production. I'm worried (and pretty excited about ) crazy demand for this product once it hits the public as well. I've also seen it, and I know.
(Szulist) "my only view is that I'm concerned that if we are successful with what we've been waiting for throughout these years is that we don't have any kind of bottlenecks that'll just let us flow because I've seen the products so I know."
Green Lasers Not a problem
(Tokman) If we had green laser situation in 2010 than we have today, we would all be smiling. Everyone would be smiling right now.... we're feeling pretty good about the green laser situation.
(Tokman) If we had green laser situation in 2010 than we have today, we would all be smiling. Everyone would be smiling right now.... we're feeling pretty good about the green laser situation.
Environment for PicoP excellent
... A long very upbeat discussion about it -- too long to copy, check Seeking Alpha Here
(Tokman) Basically, just all you need to know is that there is a list of automotive and consumer companies we are working on. They're all recognizable names
(Tokman) Basically, just all you need to know is that there is a list of automotive and consumer companies we are working on. They're all recognizable names
.... there is more. All the questioners were very upbeat. The tone of the whole call was positive. Progress isn't as fast as any of us would like, but it's steady, and it appears we're getting very close to product announcements.
Tuesday, October 21, 2014
HP Sprout
We haven't heard of this before. They are good at keeping things quiet.... I will search hard on this and see if I find more evidence one way or another, but we don't have long to wait to see this product. (I am curious if it seems like Sony's Lifespace)
HP Will Unveil New Computing Product Called Sprout Next Week
October 21, 2014, 11:27 AM PDT
********** Updated October 22 ***********
From 3D Printing Industry
From 3D Printing Industry
The product combines a large flat-screen display — similar to its Pavilion Touchsmart line of touch-enabled desktop PCs — with a flat touch-enabled work surface and an overhead assembly that combines a projector and a 3-D scanner, according to people who’ve seen it.The overhead device projects images downward onto the work surface, which users can manipulate with their hands or with a stylus. They can resize pictures, move elements around and change colors. They can also easily add new elements to the image by scanning objects or other images directly on the work surface. This is where the overhead 3-D scanner comes into play. Adding an image of any object is as easy as placing it on the work surface where it can be scanned and then included in whatever the user is working on
This Sprout PC will be based on Windows and there is no info on the price."
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When Hewlett-Packard announced it would split in two — one company devoted to PCs and printing; the other to enterprise IT — CEO Meg Whitman said one area the PC side would explore is, “new computing experiences.”
Sources familiar with the matter tell Re/code that HP will demonstrate one of them at an event in New York on Oct. 29, with a product it is calling Sprout.
The product combines a large flat screen display — similar to its Pavilion Touchsmart lineof touch-enabled desktop PCs — with a flat touch-enabled work surface, and an overhead assembly that combines a projector and a 3-D scanner, according to people who’ve seen it.
The overhead device projects images downward onto the work surface, which users can manipulate their hands or with a stylus. They can resize pictures, move elements around and change colors. They can also easily add new elements to the image by scanning objects or other images directly on the work surface. This is where the overhead 3D scanner comes into play. Adding an image of any object at hand — is as easy as placing it on the work surface where it can be scanned and then included in whatever the user is working on. read the rest of the article at Re/Code
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