Thursday, August 21, 2014

Microvision Q2 2014 Results - Earnings Call Transcript


Microvision  Q2 2014 Results - Earnings Call Transcript
  
Highlights

- In June, we announced a collaboration with the second consumer electronic company on the Fortune Global 500 list to develop a display engine for an innovative smartphone product to be offered by this company. The new partner has communicated to us that it targets market introduction of the new product in the second half of 2015. 

- Shifting to the automotive segment, we've previously announced that we are working with a global Tier One supplier and a major vehicle OEM. MicroVision delivered multiple prototype HUD systems to the Tier One supplier in the second quarter. The prototype head-up display system for the vehicle OEM is slated for delivery this quarter -- third quarter.

 - Next topic is UPS. We are currently on track to deliver custom PicoP display modules in the third quarter to UPS, which is another Fortune Global 500 customer