WiMi Hologram Cloud: Gains on partnership with electronic unit of Toyota
13/04/2021 17:41
** U.S.-listed shares of Chinese augmented reality tech firm
WIMI.O rise as much as 6.64% to $6.08 after co partners with
an electronic unit of automaker Toyota Group urn:newsml:reuters.com:*:nPn76yvLDa
** Co to develop holographic technology solutions, including
holographic vehicle devices, holographic vehicle chips and
holographic vehicle software, for Toyota's unit
** Holographic technology is a 3D projection viewed without
any special equipment like cameras or glasses
** Some of its holographic technology products include
holographic AR windshields, holographic AR rear-view mirrors and
holographic AR advertising technology
** Toyota was the world's largest automaker by total
revenues in 2020 and is the world's first automaker to produce
more than 10 million vehicles in a year
** Up to last close, WIMI shares up ~5% YTD
(Reporting by Rithika Krishna in Bengaluru)
((Rithika.Krishna@thomsonreuters.com;))