WIMI - WiMi Hologram Cloud, Inc.

WiMi Hologram Cloud Inc. offers augmented reality based holographic services and products. It operates through the following segments: Augmented Reality Advertising Services and Augmented Reality Entertainment. The Augmented Reality Advertising Services segment software enables users to insert into video footages real or animated three-dimensional objects. The Augmented Reality Entertainment segment includes payment middleware software, game distribution platform and holographic mixed reality software. The company was founded in May 2015. The FINRA listed name for WIMI is WiMi Hologram Cloud Inc. American Depositary Share.

 

Iphone12 adds AR hardware feature,that will be also a huge boost to the AR industry.

 

I bought at $6 and sold in mid $20s during the great pump. How come TWLO my ex own’s from $30s is not keeping up with WIMI? WIMI is like Inseego or LLNW just a concept for now.

 

Took a small position Friday afterhours. Lets see what this china play can do.

 

WIMI is about to launch a new product which called WIMI Hologram SoftLight.WIMI SoftLight Cinema support Blu-ray 3D original disc point-to-point non-destructive playback head mounted display! It supports up and down 3D, left and right 3D, and Blu-ray 3D, which has ultra-high compatibility.

 

WiMi Announces the Release of Its New MR Head-Mounted Display Product "WiMi Hologram Soft Light".
https://www.marketwatch.com/press-r...ft-light-2020-10-26?mod=mw_quote_news_seemore

 

WIMI is still layout on AR industry, and it may take a year or two to see breakout performance.

 

My two favorite industries are new energy vehicle and augmented reality industry.

 

WiMi Announces Acquisition of Fe-da Electronics Company Pte Ltd.
WiMi announces that its wholly-owned subsidiary, VIYI Technology Inc. ("VIYI Technology"), has entered into an agreement for the acquisition of 100% equity interests of Singapore-based Fe-da Electronics Company Pte Ltd. ("Fe-da Electronics") to accelerate the development of the Company's semiconductor chip business. According to the financial statements provided by Fe-da Electronics, the revenues of Fe-da Electronics amounted to US$45,892,564 and US$70,770,218 for 2018 and 2019, respectively, both of which have exceeded the total revenues of WiMi in their respective periods. Through integrating Fe-da Electronics, the Company seeks to further optimize its financial model so as to improve its business growth and market size, and create more value for its investors.
https://finance.yahoo.com/news/corr...-acquisition-fe-150000357.html?.tsrc=fin-srch

 

AR is taking over our lives. AR displays are everywhere on Snapchat, Facebook, Google and apple. More and more companies are using AR to design cars, sell furniture, or have a few digital sharks swim around customers' dining tables.