Announcement of investment in LetinAR, a developer of Optical Solutions for AR smart glasses

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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.

 

About LetinAR

Company Letinar Co., Ltd
Headquarter Seoul, South Korea
Representative Jaehyeok Kim
Founded October, 2016
Business Operations Optical solutions related to core parts of AR smart glasses
URL https://letinar.com/

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