MicroVision (MVIS) said Thursday it has expanded the production capacity of its MOVIA L sensor to support expected demand from the industrial sector.
The increased production throughout next year will lower the average cost per sensor, the company said.
MicroVision's shares were up 19% in recent Thursday trading.
Price: 1.09, Change: +0.18, Percent Change: +20.32
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments