SAN FRANCISCO–(Company WIRE)–Immersion Corporation (NASDAQ: IMMR), the foremost licensor of haptic systems, declared it has signed a license agreement with Duck-il, a Korea-centered automotive supplier, for use of its technologies in automotive interfaces.
“Immersion technologies is crucial to large-definition tactile user experiences in the auto,” claimed Nobumitsu Shimada, VP, APAC, Immersion. “We’re energized to be performing with Duck-il on more adoption of our technological know-how in the sector.”
“Haptics is turning out to be pivotal to present day automotive interface styles,” claimed Mr. Kim, Guide Growth Engineer, Duck-il. “Our settlement with Immersion allows our workforce to employ its major technological know-how to provide the greatest high-quality options to our consumers.”
Immersion’s innovative contact suggestions technological innovation enhances in-car or truck interfaces and purposes. Haptics is ever more getting built into automotive purposes as a lot more cars incorporate significant-definition tactile effects to enhance the consumer expertise of contact-based mostly interfaces.
Fourth Quarter 2021 and Fiscal Year 2021 Benefits
Immersion will report money benefits for the fourth quarter 2021 and fiscal calendar year 2021 on Thursday, February 24, 2022 following industry close.
Immersion Corporation (NASDAQ: IMMR) is the primary innovator of touch feed-back engineering, also recognised as haptics. The firm invents, accelerates, and scales haptic experiences by offering technological innovation remedies for cell, automotive, gaming, and client electronics. Haptic technological innovation produces immersive and sensible encounters that improve digital interactions by participating users’ sense of contact. Find out much more at www.immersion.com.
Duck-il Field corporation is a leading company of electrical control models for automotive business enterprise centered in Korea, and the organization has made a huge array of handle modules for clever driving vehicles for domestic and international motor vehicle makers. The company’s important merchandise are energy seat switches, inside light modules, HVAC modules, etcetera. Study more at https://www.duck-il.com/en/index.html
This push launch involves ahead-looking statements within just the which means of Portion 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Trade Act of 1934, as amended (the “Exchange Act”). The ahead-seeking statements involve dangers and uncertainties. Forward-seeking statements are recognized by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “can,” “will,” “places,” “estimates,” and other related expressions. Nevertheless, these text are not the only way we identify forward-hunting statements. Examples of forward-seeking statements consist of any anticipations, projections, or other characterizations of future situations, or situation, and incorporate statements about the long term potential customers and options for the Company’s enterprise.
Due to the fact ahead-seeking statements relate to the upcoming, they are matter to inherent uncertainties, hazards and variations in circumstances that are complicated to forecast and many of which are outdoors of our regulate. Actual final results could differ materially from these projected in the forward-seeking statements, as a result we caution you not to spot undue reliance on these forward-searching statements. Significant things that could bring about our genuine outcomes and monetary affliction to vary materially from those people indicated in the forward-looking statements include things like, among the some others, the subsequent: the outcomes of the COVID-19 worldwide pandemic on the Organization and its business, and on the enterprise of its suppliers and shoppers unanticipated changes in the marketplaces in which the Business operates the outcomes of the existing macroeconomic local climate (especially in gentle of the ongoing adverse outcomes of the COVID-19 worldwide pandemic) delay in or failure to attain adoption of or industrial demand from customers for the Company’s products or 3rd celebration merchandise incorporating the Company’s technologies the incapability of Immersion to renew existing licensing arrangements, or enter into new licensing arrangements on favorable terms the loss of a main buyer the potential of Immersion to guard and implement its intellectual house legal rights and other elements.
For a much more comprehensive dialogue of these factors, and other things that could lead to genuine success to change materially, intrigued parties should really overview the threat elements shown in Immersion’s Yearly Report on Kind 10-K for 2020 and its most the latest Quarterly Report on Sort 10-Q which are on file with the U.S. Securities and Trade Fee. Any forward-seeking statements built by us in this press launch converse only as of the date of this press release, and Immersion does not intend to update these forward-searching statements just after the date of this push release, apart from as demanded by legislation.
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