Highlights of the day: Apple reportedly suspends AR/VR HMD project

Apple may have disbanded its team for the development of AR/VR HMDs (head-mounted displays), but that does not mean that the vendor is negative about the future of AR/VR technology. The 5G connectivity is said to be not mature enough for AR/VR HMD devices, but lens module maker Largan Pecision believes 5G smartphones will shore up demand for premium feature, such as better cameras.

Apple reportedly suspends development of AR/VR headsets: Apple has suspended the development of head-mounted display (HMD) AR/VR headsets, and already disbanded its team for the development of AR/VR HMDs, according to sources familiar with the matter.

Largan reports high gross margin for 2Q19: Smartphone-use lens module maker Largan Precision has reported its gross margin reached 69.6% in second-quarter 2019, the second-highest quarterly level next only to the 71.34% for third-quarter 2018.

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