Aug 11, 2017

OLED microdisplay maker eMagin reported its financial results for Q2 2017. Revenues in the quarter were $5.3 million (down from $5.5 million in Q2 2017) and the net loss was $2.3 million (up slightly from $2.2 million in Q2 2017).

eMagin XGA096 OLED-XL photo

At the end of the quarter, eMagin had $4.9 million in cash and equivalents. eMagin is focused on expanding its presence in military programs, advancing discussions with major consumer electronics companies for VR/AR products and progressing with finding high-volume production partners.

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Comments

AMD spun off its semiconductor fabs into GlobalFoundries in 2009 so AMD doesn't own any fabs and can't really become a foundry for eMagin.

I guess their collaboration is more on the VR goggles and the necessary graphics chips to drive such goggles.

AMD , Global Foundries , and eMagin are closely connected .

eMagin leases their facilities from Global Foundries . 

https://www.sec.gov/Archives/edgar/data/1046995/000101376216001555/f8k050916_emagin.htm

Also interesting is eMagin's likely entry into Micro-LED .   They have a patent grant (NOA issued and Fees Paid but not yet published) therefore you can only see it with modified claims on USTPO site .    Here is the patent application though before some of the claims were modified  .

https://www.google.com/patents/US20160293586

Also interesting is that Global Foundries has been looking at Micro-LED .   

 

Srinivasa Banna  Fellow & Director of Technology Research at GLOBALFOUNDRIES

-  Architected novel micro LED based AR/MR/VR display technology, provided insight, perspective, and direction to enable differentiation and scale to CEO& Senior Executive Team.

https://www.linkedin.com/in/srinibanna/

I believe eMagin is in a unique position to move foreword on Micro-LED .   

Oculus Research used an eMagin OLED microdisplay in their Focal Surface Display Prototype .

https://twitter.com/eMagin_OLED/status/910508330614796288

and Oculus purchased Micro-LED maker InfiniLED :

http://www.ledinside.com/news/2016/10/oculus_acquires_micro_led_company_infiniled

I believe eMagin is in a superior position to manufacture Micro Display Micro-LED 's and have written about it here:

https://www.investorvillage.com/smbd.asp?mb=10880&mn=3142&pt=msg&mid=17540770

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