Flipclutch Research: The wave of 5G+AR technology is coming, WIMI increases investment in AR product applications
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: PR Newswire
HONG KONG, Jan. 22, 2021 /PRNewswire/ -- The "first year of 5G" in 2020 has brought about a boom in VR and AR in the capital and the entire application market. According to the "VR/AR Industry Report for the First Half of 2020", AR (augmented reality) related financing in the first half of 2020 is more than three times higher than VR, reaching 5.51 billion yuan, and they mainly concentrated in AR hardware, underlying related technologies, and application layer.AR stands for augmented reality, is a technology that calculates the position and angle of the camera image in real-time, and adds corresponding images, videos, and 3D models.In the future, the TV in the living room, the central control screen in the car, and even a thermometer and hygrometer will not need to be physically present. Instead, users can see it through AR glasses. When users can virtualize a giant screen in front of their eyes at any time, users will not need to worry about whether should buy a 5.4-inch or 6.7-inch
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WIMI
Sec Filings
- 4/25/24 - Form 20-F
- 4/23/24 - Form 6-K
- 3/18/24 - Form 6-K
- WIMI's page on the SEC website