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WiMi Hologram Cloud Inc. Establishes Subsidiary

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BEIJING, Aug. 19, 2020 — WiMi Hologram Cloud Inc. announced the establishment of a wholly owned subsidiary to accelerate the development of its holographic-vision intelligent robots and fabless semiconductor businesses.

The subsidiary is Lixin Technology Co. Ltd., and with an initial registered capital of $28.7 million will focus on the research, development, and sale of holographic-vision intelligent robots and related holographic-vision technology services. The company will also leverage its parent company’s related patents and copyrights to develop semiconductor products.

Published: August 2020
Glossary
hologram
An interference pattern that is recorded on a high-resolution plate, the two interfering beams formed by a coherent beam from a laser and light scattered by an object. If after processing, the plate is viewed correctly by monochromatic light, a three-dimensional image of the object is seen.
vision
The processes in which luminous energy incident on the eye is perceived and evaluated.
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
Businessnew subsidiarySubsidiarywholly owned subsidiaryhologramhologramsholographicholographroboticsvisionsemiconductorssemiconductor industrymachine vision

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