Display company Kopin 2017 Q2 revenue rose 36%

The second quarter 2017 earnings report released by Kopin (Kopping Science and Technology) in the United States shows that the company's second-quarter revenue increased by 36% year-on-year to US$5.9 million. Kopin expects that revenue in the second half of this year will be far more than 70% in the first half of the year.

It is understood that Kopin is a company with a 30-year history and was listed on Nasdaq in 1992. In recent years, the company has been focusing on the development of core technologies and products for AR/VR and wearable computing, and has been widely used in the U.S. military. The second quarter’s performance comes mainly from its consistent strengths—the US military.

All four AR/VR-based systems - F-35 pilot helmets, Weapon Sights Programs series, armored vehicle simulation VR optical systems and training helmets - are all major US military suppliers and are expected to continue to be available to companies in the next year. More orders.

In addition to continuing to maintain the absolute advantages of the US military wearable devices, Kopin also extends its advantages to the enterprise AR/VR field. The Scott Safety fireman helmet, Vuzix M300 and other enterprise applications are not hard to find Kopin.

In the quarterly press conference, Chairman and CEO Dr. John CC Fan mentioned that five new helmets will be introduced in the market in the second half of the year. Each helmet will use key components of Kopin. Three of these are enterprise applications. The industry has fully realized the benefits of smart helmets in enterprise applications. Dr. Fan said that in the coming years, enterprise-level applications will usher in a rapid development in the future.

The other two are for consumers. One of them has planned to use Kopin's light-emitting OLED microdisplay. At the CES show in January this year, Kopin launched its first light-emitting OLED microdisplay with a resolution of 2K x 2K.

Kopin has established a unique supply chain model through cooperation with Chinese partners. In the first quarter of 2018, together with its Chinese partners, Kopin plans to begin mass production of light-emitting OLED displays, providing key components for a consumer smart headset. In the longer term, Kopin has established a joint venture with BOE and the Northern Audulle of Yunnan to establish the world's largest silicon-based light-emitting OLED manufacturing center in Kunming, Yunnan Province, and plans to invest in mass production two years later.

As for the smart glasses SOLOSM of Kopin's own brand, the first batch of 300 put into trials received positive comments from users. According to the user feedback, the upgraded version of SOLOSTM has been transferred to the Chinese partner Goer Optical Production and is expected to be listed several months later.

In addition, Kopin believes that the voice interface is for a wearable device, such as a touch screen, such as a smart phone. The company claims that the patented WhisperTM not only has the advantages of noise reduction and high sound quality, but also can recognize near-field and far-field sounds. Of the five AR/VR helmets to be launched in the second half of this year, four will embed WhisperTM chips.

The development of any revolutionary technology will not be a straight line. In the initial stage, new companies sprang up, and hot money rushed in. Then, during the industry integration stage, technology survived stronger and more companies were merged or closed down. Kopin's strategy has been to focus on core technologies and products, microdisplays, optical systems and WhisperTM. These revolutionary technologies have made Kopin a leader in the AR/VR industry, especially in the military and corporate markets, and are now starting to reach the consumer market. penetration. For wearable devices, Kopin believes from the beginning that voice technology is the key, not the touch technology, and the market is demonstrating this.

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