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Kopin Losses Mount as Wearables Market Shifts

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WESTBOROUGH, Mass., March 12, 2015 — Completing a year in which it worked to reinvent itself, microdisplays firm Kopin Corp. reported a net loss of 28.2 million in 2014, compared to a net loss of $4.7 million the year before. Full-year revenues, however, were $31.8 million, up 39 percent from $22.9 million in 2013. R&D expenses grew by 18 percent to $20.7 million. The company’s focus had been on wearable technologies for the military, but during the year it added marketing and business development personnel and began ramping up products for other applications. “The wearable industry seems to...Read full article

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    Published: March 2015
    BusinessMassachusettsAmericasKopinGolden-IDisplaysOpticsdefenseConsumer

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