WiMi Hologram Cloud Developing Holographic Vision Intelligent Robots

According to a recent announcement, WiMi Hologram Cloud has established a wholly-owned subsidiary to accelerate development of its holographic vision intelligent robots and fabless semiconductor businesses.

The subsidiary is to be called Lixin Technology, will have an initial registered capital of about $28.8 million, and reportedly it will focus on research, development and sales of holographic vision intelligent robots and related holographic vision technology services. Lixin Technology will also leverage its parent company's related patents and copyrights to develop semiconductor products and sell such products to customers across the broader holographic ecosystem, according to the release, and it will focus on a new upstream business in the domestic smart product market, and research, development and sales of semiconductor chips.

Lixin Technology will be based in the Hainan province of China and will be able to benefit from favorable tax status and government support of the fast growing semiconductor industry, industrial and automation technologies and applications of intelligent vision and holographic vision. The company said it anticipates the new subsidiary will help develop its fabless semiconductor business by integrating IC design enterprises with its proprietary technologies.

With the increasing demand of semiconductor application solutions related to holographic 3D vision, the company hopes to provide corresponding semiconductor solutions to meet the market demand of holographic 3D vision based on its application demand, in order to realize the purpose of promoting the application and popularization of holographic 3D vision technology in the semiconductor industry.