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<Research>CLSA: SUNNY OPTICAL (02382.HK)'s Subsidiary, SiC Firm Collaborate on AR Glasses Technology
Recommend 5 Positive 9 Negative 5 |
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A subsidiary of SUNNY OPTICAL (02382.HK) entered into a cooperation agreement with a leading silicon carbide (SiC) material company in China and Advanced Micro-Fabrication Equipment (AMEC) to initiate cooperation in the field of micro-nano optics for AR glasses and SiC based on domestic IC equipment, CLSA released a research report saying. The broker believed that this will strengthen SUNNY OPTICAL's technological reserves and competitiveness in the AR glasses area. The first core aligner of Sunny Optical Shanghai Lingang augmented reality (AR) glasses project was officially installed, which signifies that the project has shifted from a planned blueprint to a substantial mass production, the report quoted reports as saying. Therefore, CLSA kept rating at Outperform on SUNNY OPTICAL, with a target price of $88.7. AAStocks Financial News Website: www.aastocks.com |
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