Epson X Investment Corporation (”EXI”) is pleased to announce that, through the EP-GB investment limited partnership (“EP-GB”) under a joint operation of EXI and Global Brain Corporation (”GB”), EXI has invested in LetinAR (Headquarters: Seoul, South Korea/hereinafter “LetinAR”), which provides optical solutions related to core parts of AR smart glasses.
Utilising its originally developed Pin Mirror technology, LetinAR provides a lighter, slimmer and smaller solution with higher light efficiency, and solves issues regarding image quality, viewing angle, mass production, etc. required for the popularization of AR smart glasses. It plans to expand sales to industrial customers from 2021.
EXI has made this investment in recognition of LetinAR’s high technological capabilities in the AR smart glasses market, which is expected to expand in the future. This investment allows EXI to accelerate collaboration and open innovation along with creating synergy with its existing businesses.
|Company||Letinar Co., Ltd|
|Headquarter||Seoul, South Korea|
|Business Operations||Optical solutions related to core parts of AR smart glasses|