Apple, LG and Valve invest in a firm that will offer OLED microdisplays for VR and AR headsets

According to a filing made with the U.S. Securities and Exchange Commission, Apple, LG and Valve are teaming up to invest $10 million in a firm called eMagin. The company produces microdisplays used in the healthcare, military and industrial businesses. However, the SEC filing includes a statement from eMagin that gives us a clue for the interest by the three aforementioned companies...
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1. Humanoid

Posts: 1226; Member since: Dec 11, 2017

I"ll keep enjoying the AR on my old phone. The animals even make sound. Love the T-Rex...

2. worldpeace

Posts: 3049; Member since: Apr 15, 2016

3 big companies team-up just for $10M investment? If they really want it, one of them should just buy this firm.

3. Anonymous.

Posts: 423; Member since: Jun 15, 2016

Or maybe none of them want to fully invest because of the risk involved? But yeah, for just 10 million, either of them could have bought this company without breaking a sweat.

4. japkoslav

Posts: 1209; Member since: Feb 19, 2017

Give me one good reason for an AR usage in phones and I will be interested. I know that without good hardware there will be no good software, but anything really useful would be nice.