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MicroVision, Inc. - Common Stock (MVIS)

1.1855
-0.0345 (-2.83%)
NASDAQ · Last Trade: Apr 3rd, 1:30 PM EDT
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Competitors to MicroVision, Inc. - Common Stock (MVIS)

Apple Inc. AAPL -8.50%

Apple competes in the sensing and imaging technologies space that MicroVision operates in, particularly as they explore augmented reality (AR) and related technologies. MicroVision's focus on compact laser projection and scanning products intersects with Apple's ambitions in AR. However, Apple’s immense resources, R&D capabilities, and its capacity to integrate new technologies rapidly into existing popular platforms give it a significant competitive advantage over MicroVision.

Himax Technologies HIMX -10.81%

Himax Technologies competes with MicroVision by providing display driver ICs and other optical solutions, which are essential in consumer electronics and automotive applications. Both companies are focusing on advanced technology to enhance user experience in visual displays; however, Himax's competitive advantage lies in its strong ties to major consumer electronics manufacturers, enabling it to capture a larger share of the rapidly evolving market for displays.

Lidar Technologies

Lidar Technologies competes directly with MicroVision in the field of lidar sensors and imaging technologies, which are crucial in autonomous vehicles and various applications such as mapping and surveying. While MicroVision focuses on micro-display technology and 3D sensing solutions utilizing laser scanning, Lidar Technologies emphasizes a wide range of lidar systems that cater to the growing automotive sector. Their competitive advantage lies in their established market presence and extensive partnerships with automotive firms, which allows them to gain traction faster.

Texas Instruments TXN -7.22%

Texas Instruments offers a variety of display and imaging technologies that overlap with MicroVision's product lines. While MicroVision specializes in laser beam scanning and MEMS technology for compact projection systems and sensors, Texas Instruments provides broader solutions in image processing and LCD and DLP technologies. Their extensive resources and established global market reach give them a competitive edge, allowing them to innovate rapidly and dominate in large volume sales in the semiconductor space.