As a leading global ODM/OEM in virtual reality market, Goertek is committed to providing clients with highly integrated one-stop-shop products solutions. The shipment of Goertek’s VR products in 2016 was over 1 million units, with around 80% share of global PC VR and Console VR annual shipment. Goertek also cooperated with many industry leading companies and jointly released multiple VR HMD design platforms.
Kopin is a market-leading high-tech company in smart wearable and displaying devices markets, which has been focusing on the R&D, production and sales of micro displaying devices, and other related techniques. The Elf-VR combined with Kopin’s advanced technology and innovation capability of Goertek in optical, ID,ME,EE,etc. to provide users with comfortable and immersive VR experiences.
According to authoritative marketing reports, the compound annual growth rate of micro displaying technology market is up to 15 percent between 2015 and 2025. With this condition, Microdisplay screen producers will be critical up stream suppliers in both VR and AR markets. Goertek acquired 10.1% shares of Kopin with 24,664 million dollars in April 2017, and signed a series of strategic cooperative agreements with each other. Goertek is taking advantages of Kopin’s advanced technologies in micro displaying and voice chips areas to maintain and strengthen its existing advantages in smart hardwire area. The next generation of Elf VR is predicted to be launched in 2017 IFA, at that moment, this headset will be designed more fashionable, comfortable, and lighter to start a new VR era.
About Kopin
Kopin is a world-leading high-tech company in smart wearable areas, which mainly provides computing technologies and technical solutions for fields of military, manufacturing, public consumption. Kopin went public listed on NASDAQ in 1992. Kopin’s technologies covers fields of micro displaying, optics devices, voice enhancement, software, low power consumption intergared circuts and VR headsets, with 300 international technology patents, and 95 percent of them are related to smart wearables.