WiMi Hologram Cloud Inc. (WIMI) stock prices opened and closed at USD$4.62 on September 7th, 2021. Premarket fluctuations saw the stock rise by 5.19%, bringing it up to USD$4.86.
WiMi Stock Launches HoloAR Lens
September 7th 2021 saw WIMI stock announce the release of its new augmented reality (AR) head-mounted display (HMD) product for the consumer market. The new WiMi HoloAR lens will serve to further strengthen the software and hardware research and development of the underlying holographic technology. The holographic AR application technology provider is also facilitating the expansion of its user experience of holographic AR technology in Metaverse.
Scope of WiMi HoloAR Lens
The company’s new AR-HMD product WiMi HoloAR Lens is the first split glasses that is also compatible with the dual-camera and function of 6 degree of freedom spatial positioning solution in the world. The technology allows for the full use of spatial interaction, proving suitable for multiple scenes such as spatial interaction and spatial positioning. The holographic AR technology has been upgraded for the new applications, thereby benefitting multi-application development and promotion of user experience of the Metaverse.
Scope of WIMI Stock’s Product
Parameters of WIMI stock’s new technology are better than products in the same category, with the WiMi HoloAR Lens proving to be more user-friendly and easy-to-wear. The AR display device can be extended to connect to personal computers, drones, Android and iOS smartphones. This facilitates the portability and mobility of the smart display device in multiple scenarios. The device offers a 63 degree viewing angle, as compared to the industry standard of 30 to 55 degrees.
Product Parameters
The product boasts a 600-inch long giant screen display, 1920*1080p high definition picture, a contrast ratio of 50000/1, and 80 million full colors. In conjunction with the high brightness screen of 1800nit and the stellar refresh rate of 90 Hz, WIMI stock’s HoloAR Lens allows for a clearer and more realistic display effect. the machine mitigates the physical strain on users as a result of its weighing a meagre total of 78 grams.
Future Outlook for WIMI Stock
WIMI stock reported a promising quarter, cemented by the company’s launch of its new WiMi HoloAR Lens technology. Management is keen to leverage the resources at their disposal to facilitate the spearheading of the proliferation of its newest product. Current and potential investors are hopeful that management will be able to usher in consistent increases in shareholder value over the long term.
