IQE have a bright future....10 Feb 2018 17:24
Long term, IQE will fly.....a victim of their own success??........maybe.
spotted this article below.... Im sure they will be a big part of this :)
Apple's next big device?
The consumer tech world is still fawning over the new iPhone X, but a recent Bloomberg report continues to give credibility to the rumor that Apple is working toward launching an augmented reality headset in 2020.
The company took a huge step into AR this year when Apple made its ARkit available to developers, which allowed them to start building AR apps for iOS. Bringing augmented reality apps to millions of iPad and iPhones around the world was a huge first step, but an AR headset would likely be even more pivotal for the company.
The rumored device is expected to have a completely new operating system, called rOS. It's expected to have a new system-on-a-chip (with a CPU, graphics, and artificial intelligence processors) designed by Apple, and will be a stand-alone device that won't require a smartphone to function.
Bloomberg's report came several months after Gene Munster, a longtime Apple analyst who recently started his own venture capital firm, said that Apple was working on a pair of glasses (or headset) that might eventually take the place of the iPhone as the company's cash cow. As Munster noted in June, "In 10 years, we expect the iPhone will be around but be a much smaller part of Apple's business as Apple Glasses slowly gains market adoption."
This is still a long way off, of course, but Apple CEO Tim Cook has made it very clear that his company is expecting big things with augmented reality. On the fiscal fourth-quarter 2017 earnings call, Cook said, "Put simply, we believe AR is going to change the way we use technology forever."
Investors looking for a strong consumer tech play in augmented reality would be wise to keep tabs on the AR rumors surrounding Apple. Sure, the headset or glasses could turn out to be just speculation, but the company has hinted -- as much as Apple ever does -- that augmented reality is going to be a big focus for the company from now on. And I wouldn't be surprised if its next big device has something to do with AR, even if it's different than what we're hearing about right now.
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