16 Aug 2002
Organic LED microdisplay developer eMagin and Korea-based consumer electronics manufacturer Daeyang have announced that Daeyang has signed a purchase agreement for more than $8m of eMagin's microdisplays and optics for delivery during the remainder of 2002 and 2003.
eMagin's SVGA 3D OLED-on-silicon display with built-in stereo capability will be incorporated into wearable consumer head-mounted displays (HMDs) to be produced by Daeyang for electronic games, personal computer accessories and other applications.
Said Daeyang chairman Jun Uk Lee: "eMagin's products are ideal for opening the HMD market-place. The built-in stereovision, USB power port compatibility and large field of view compatibility will make for a compelling new product. We believe that both of our companies have the opportunity to greatly benefit as we work together to create a new era of interactive virtual imaging technology."
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