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February 21, 2014
08:29 EDTSNE, MVISMicrovision continues rally after being designed into new Sony module
Sony (SNE) announced yesterday the development of a pico projector module equipped that uses laser beam scanning. "By combining this module with Wi-Fi components and a battery, it can realize a compact, pocket-sized projector which can be used to project images from products such as smartphones or tablets, focus-free and in even higher resolution, on any flat or curved surface such as a wall or desk," Sony said. The module is composed of a semiconductor laser, Micro Electro Mechanical Systems mirror, which incorporates the PicoP technology developed by MicroVision (MVIS), their respective drivers, and a video processor to control the video signal processing and image output, Sony added. After rallying 98% yesterday to $2.67, shares of Microvision are up another 15% to $3.06 in pre-market trading.
News For MVIS;SNE From The Last 14 Days
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December 1, 2015
14:51 EDTSNEAugmented reality to overtake smartphones in 10 years, Citi says
Virtual reality devices and similar "augmented reality" gadgets could become the new smartphone in just one decade, Citi researcher Kota Ezawa argued Tuesday, building on a growing volume of analyst opinions on the promising new technologies. CONSUMER ELECTRONICS SHIFT: Virtual reality and augmented reality devices will eventually generate "major new markets that replace the smartphone" in a process of "destructive creation," Citi analyst Kota Ezawa and his team contended in a research note. Current virtual reality gadgets involve large headset "goggles" aiming to completely immerse a user in a virtual space, while augmented reality technology seeks to overlay or superimpose images and data over objects in the real world. AR, seemingly the more portable and compact of the two approaches, allows users to move, work, and perform everyday tasks while still making use of the tech. Though VR goggles offer greater immersion, AR devices seem to be the more obvious bridge between smartphones and truly wearable computers, leading Ezawa to forecast the AR market ultimately becoming larger than VR. That said, the mobility of AR also creates greater technical hurdles, as the need to embed processors and batteries within the wireless headset while still displaying high-quality, convincing imagery means the technology has a longer development horizon than VR, which can offload much of its processing requirements to a stationary computer or game console. Early versions of AR are expected to appear in 2016-2017, according to Ezawa, though full-featured systems are unlikely to be available before 2019-2022. Both technologies have numerous applications, said the analyst, with early content being primarily games and movies before expanded offerings involving theme parks, live events, remote medicine, job tasks, and, notably, significant e-commerce and mobile commerce applications. With the VR/AR market "set to ramp up" from 2016, Ezawa sees the space reaching $674B in 2025 as the average price of headsets declines to $227 by the mid-2020s. The analyst's main recommendation in the space is Sony (SNE), whose Playstation VR headset is scheduled for a 1H16 launch. Other key names in headset development include Facebook's (FB) Oculus virtual reality subsidiary and Samsung (SSNLF). Note also Microsoft's (MSFT) Hololens and Google's (GOOG) Project Glass. Meanwhile, LG Display (LPL) and Analog Devices (ADI) are among hardware names with exposure to VR/AR, while Live Nation (LYV), Disney (DIS), Time Warner (TWX), Fox (FOXA), SAP (SAP) and Salesforce (CRM) are among software and service providers that may benefit. PRICE ACTION: Sony shares trading in New York have advanced roughly 1.4% to $26.29 in afternoon trading.
08:50 EDTSNECyber Monday sales up 12% to record $2.98B, according to Adobe
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November 30, 2015
12:47 EDTMVISMicrovision management to meet with Northland
Meetings to be held in New York on December 3 and in Boston on December 4 hosted by Northland.
06:19 EDTSNESony says plans to expand PlayStation 4 remote-play function
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November 29, 2015
17:53 EDTSNE'Hunger Games' stays ahead of competition as Pixar sees slight miss
"The Hunger Games: Mockingjay - Part 2" held on to its box office lead despite competition from Pixar's latest animated film and a strong performance from Rocky Balboa's latest outing, "Creed." WEEKEND LEADER: Lionsgate's (LGF) "The Hunger Games: Mockingjay - Part 2" took in $51.6M domestically for the weekend of November 29 while battling several new releases over the Thanksgiving holiday. The film's roughly 49% slip from its box office open last weekend was not as severe as that seen by previous entries in the series, whose dystopic science-fiction saga has now wound to a close for Lionsgate. BOX OFFICE RUNNERS-UP: Disney (DIS) Pixar's "The Good Dinosaur" opened at $39.2M in the U.S. against expectations for $54M, a rare miss for the studio. In an interview with Bloomberg following the release of this weekend's numbers, Walt Disney Studios' executive Dave Hollis commented, "With every release it is a little bit less about how we start and really more about how we finish. [The film's open has] set us up in a great way." Meanwhile, Warner Bros.' (TWX) "Creed" debuted at $30.1M versus estimates for $26M. "Creed," which marks the seventh Rocky Balboa boxing film, stars Sylvester Stallone as mentor and trainer to the son of Apollo Creed, a previous antagonist in the series. Rounding out the weekend's top five were Sony's (SNE) "Spectre" and Fox's (FOX, FOXA) "The Peanuts Movie," which earned a respective $12.8M and $9.7M. Fox's "Victor Frankenstein" failed to place in the top 10, grossing $2.4M against an approximate budget of $40M.
November 27, 2015
11:34 EDTSNESony reports service issues with PlayStation Network
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November 25, 2015
09:36 EDTSNESony says PS4 has sold over 30.2M units worldwide as of November 22
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November 23, 2015
13:32 EDTSNENetwork-1 reports USPTO issues reexamination certificate for patent
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November 22, 2015
16:22 EDTSNE'Hunger Games' finale opens below series average
Though showing clear dominance in the box office rankings, the final film in the "Hunger Games" saga missed analyst estimates in its domestic open. WEEKEND LEADER: Lionsgate's (LGF) "The Hunger Games: Mockingjay - Part 2" debuted at $101M domestically for the weekend of November 22, missing expectations for $120M-$127M and coming in markedly below the series' $144M first-weekend average. The final entry in the dystopic science fiction tetralogy also saw a weaker open than last year's $121M launch for "Mockingjay - Part 1," though reviews have been slightly stronger. BOX OFFICE RUNNERS-UP: Sony's (SNE) latest James Bond outing "Spectre" slipped to second place at the U.S. box office with $14.6M, while Fox's (FOX, FOXA) "The Peanuts Movie" took in $12.8M. Rounding out the weekend's Top 5 were Sony's "The Night Before" and STX's "The Secret In Their Eyes," with the two newcomers earning a respective $10.1M and $6.6M.
November 20, 2015
11:45 EDTSNEBox Office Battle: 'Hunger Games' finale expected to top box office
Lions Gate's (LGF) "The Hunger Games: Mockingjay - Part 2," the final movie based on the dystopian young adult novels, is opening this weekend at 4,175 theaters and is expecting a domestic gross in the range of $120M-$127M. Piper Jaffray analyst James Marsh said in a note to investors on November 18 that he expects the film to open domestically in the $130M range, above where it is tracking, due to limited competition and the addition of IMAX (IMAX) screens. Piper maintained its Overweight rating and $45 price target on Lions Gate shares at that time. "The Hunger Games" main competition is "Spectre" and "The Peanuts Movie," both of which are in their third weekend of release. Sony's (SNE) "Spectre," starring Daniel Craig as James Bond, is expected to earn another $15.2M-$16.8M. Fox's (FOX, FOXA) G-rated family film, starring a 3D-animated Charlie Brown, is predicted to earn an additional $12.5M-$13.2M. In other box office news, the Wall Street Journal reported that Disney's (DIS) "Star Wars: The Force Awakens," which hits theaters on December 18, has had record-breaking pre-sales. Fandango said the film has already sold more tickets than any other movie before its release, which is still four weeks away, and IMAX said the movie has "doubled" its prior pre-sales record of about $9M. Other publicly traded companies involved in filmmaking include Comcast (CMCSA, CMCSK), Time Warner (TWX), and Viacom (VIA, VIAB).
06:20 EDTSNESony mulling bringing PS2 games to PS4, WSJ says
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November 18, 2015
05:56 EDTSNESony Mobile, LG to develop smartphone app processors in-house, DigiTimes says
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