Google launches 3D-scanning smartphone initiative; Himax gains

Google (GOOG +0.1%) has launched Project Tango, an initiative that (with the help of 3D sensors and a vision processor) aims to create Android phones that can track motion and create visual maps of a user's surroundings. A developer SDK and prototype phone are being released.

Tango's underlying technology bears a strong resemblance to that found in Microsoft's Kinect sensor, or that developed by Apple-acquired PrimeSense. At the same time, startup Movidius, which is supplying Tango's vision processor, claims 3D-sensing solutions leveraging its chip consume a fraction as much power as alternatives.

Google sees potential applications in 3D scanning, immersive gaming, and indoor navigation, among others. TechCrunch: "The idea here isn’t to create Leap Motion-like, gesture-based interfaces. It’s about ... the apps developers can create when they know exactly where a phone is in space."

Himax (HIMX +3.2%) has moved higher thanks to the news, as investors bet Tango will lead to additional sales for the company's LCOS microdisplays (already powering Glass).

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Comments (3)
  • haschultz
    , contributor
    Comments (1164) | Send Message
    Very welcome news for HIMX which otherwise seems to be range bound this quarter as this is the their slowest quarter and Non-Disclosure Agreements keeps HIMX from making these sorts of announcements.
    20 Feb 2014, 03:36 PM Reply Like
  • Gukas-o
    , contributor
    Comments (75) | Send Message
    This should include INVN and IMMR as well.
    20 Feb 2014, 08:51 PM Reply Like
    , contributor
    Comment (1) | Send Message
    I bought another 10 HIMX option on this news.
    20 Feb 2014, 10:15 PM Reply Like
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