reported revenues of $32.82 million for the fiscal year 2018, up about 17% year-over-year.
has developed an innovative business model with fundamental strengths that positions it for continued leadership.
has developed an innovative business model with fundamental strengths that position the Company for continued leadership in a huge and growing holographic AR market, where it offers a platform solution comprised of leading-edge holographic technology including content production technology, and content creation distribution.
Set out in the Company's prospectus, WIMI
's leading holographic AR content production capabilities are built around image acquisition, object recognition, automated image process, and computer vision technologies.
offers augmented reality (AR)-based holographic products and services centered on providing an innovative, immersive and interactive holographic augmented reality experience, for 'Customers' who have contracted with the Company to use its products and services subject to the contracts during the relevant period, and 'End users', who enthral in etherial AR experiences.
Over time, the WIMI
Hologram AR team represented by holographic technology in China has been engaged in the technology research and development for many years.
In the vertical field of this industry, the related companies such as WIMI
Hologram AR and SenseTime have emerged conspicuously.
AR Hologram's light-field simulation imaging system synthesizes the images (people and objects) captured by the camera shooting the movie with the main model landscape in the setting box based on the principle of optical illusion.
Hologram AR, MEGVII, SenseTime, YITU, CLOUDWALK and other AI visual companies are contributing to their respective segments.