Apple's Taptic Validates Immersion's Haptic Technology
Paolo Gorgo • 12 Comments
Paolo Gorgo • 12 Comments
Immersion Corporation's Story Finally Unfolding
Thu, Jun. 23, 3:00 PM
Tue, Jun. 21, 3:00 PM
Tue, Jun. 21, 12:48 PM
Tue, May 31, 2:13 PM
- In a report stating Apple (NASDAQ:AAPL) is moving to a 3-year iPhone upgrade cycle, Japan's Nikkei reports 2017 iPhones will be able to "create more complex tactile vibrations on the display because of a tiny, but high-performance motor equipped inside."
- Haptic tech developer Immersion (IMMR +6.8%) appears to be getting a lift from the report. Immersion, which has haptics licensing deals with many Android OEMs, is less than four months removed from suing Apple and AT&T for allegedly infringing its IP.
Thu, May 5, 4:40 PM
Wed, May 4, 5:35 PM
- ABCO, ABTL, ACAD, ACET, AHS, AHT, AIRM, AL, ALEX, AMBR, AMH, ANET, APLE, ASYS, ATHX, ATVI, ATW, BBG, BCEI, BIO, BIOS, BLDR, BOJA, CAA, CARA, CERN, CINR, CLNE, CLVS, CMLS, CPA, CTRL, CYBR, CZR, DATA, DCT, DEPO, DIOD, DK, DKL, DV, DWA, EBS, ECOM, ED, EFC, EGAN, EGL, EGN, EGY, ELON, ENDP, ENV, EOG, ERII, ESL, EVC, EVDY, EVHC, FCE.A, FEYE, FISV, FLR, FPRX, FTD, GBDC, GEOS, GERN, GPRO, GSAT, GST, GUID, GXP, HLF, HTGC, ICPT, IMMR, IMPV, INAP, JCOM, LADR, LOCO, MAIN, MCHX, MDR, MDRX, MDVN, MELI, MHK, MITT, MNTX, MRIN, MSI, MTD, MTZ, NBIX, NGVC, NSTG, NWSA, OLED, OMED, OUT, OVAS, PACD, PCTY, PEGA, PETX, PKI, PMT, POST, PRSS, PTCT, PTLA, QLGC, RPTP, RRMS, RWT, SAAS, SEM, SEMG, SNCR, SPPI, SPWR, SPXC, SQ, SSNC, SWIR, TCRD, TEAM, TRMR, TRUE, TRQ, TRUP, TSRO, TWOU, UBNT, UEPS, UNXL, WAGE, WAIR, WEB, WIFI, WING, XNPT, Y, YELP
Thu, Feb. 25, 6:18 PM
- Immersion (NASDAQ:IMMR) is up 15.9% after hours to $8.99 after beating Q4 estimates on the back of an 18% Y/Y increase in royalty/license revenue to $15.8M.
- 2016 sales guidance is at $55M-$65M vs. a $64.3M consensus. However, the outlook doesn't include any revenue that would come from a renewal of Immersion's licensing deal with Samsung, which expired at the end of 2015. Net income guidance (affected by the recently-filed Apple/AT&T suit) is at -$8M to $3M.
- Along with the numbers, Immersion has announced CFO Paul Norris is retiring, effective tomorrow. CEO Vic Viegas will serve as interim CFO until Norris' successor is found.
- Immersion's Q4 results, earnings release
Thu, Feb. 25, 4:20 PM
Wed, Feb. 24, 5:35 PM
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Thu, Feb. 11, 6:26 PM
- Immersion (NASDAQ:IMMR) has sued Apple (NASDAQ:AAPL) and AT&T before the ITC and a Delaware federal court for allegedly infringing its haptic feedback IP.
- The iPhone 6/6+, 6S/6S+, and Apple Watch are covered by the suit. As usual, the ITC suit features a request for an import ban.
- Immersion, which has inked IP licensing deals with Samsung, Huawei, HTC, and various other Android OEMs, has previously said it "intends to license Apple." The iPhone 6S/6S+'s 3D Touch feature makes use of haptic feedback, as does the Force Touch feature found on the Apple Watch and certain MacBooks.
- Immersion has jumped to $8.00 in after hours trading.
Tue, Jan. 26, 8:45 AM
- Immersion (NASDAQ:IMMR) has struck a deal with Chinese gaming/messaging giant Tencent to "design and develop tactile effects" for Kowloon War, an upcoming Tencent action role-playing mobile game. Immersion's Haptic Gaming SDK (enable tactile effects for Android games) will be leveraged.
- Immersion already has licensing deals with Chinese phone OEMs Huawei, Xiaomi, and Meizu, as well as with Samsung.
- Shares have risen to $8.28 premarket. Q4 results are expected in the coming weeks.
- Last year: Immersion strikes haptics deals for Angry Birds, Ubisoft game
Oct. 29, 2015, 6:20 PM
- With a Q3 beat on the books, Immersion (NASDAQ:IMMR) now expects 2015 revenue of $59M-$61M (+11%-15% Y/Y) vs. prior guidance of $56M-$60M. Consensus was already at $59.8M. Net income guidance is now at $6M-$8M, the high end of a prior $4M-$8M range.
- Royalty/license revenue rose 19% Y/Y in Q3 to $13.9M; development, services, & other revenue rose by $32K to $339K. GAAP costs/expenses rose 26% to $13M. Immersion ended Q3 with $67.2M in cash, and no debt.
- Shares have risen to $11.43 after hours. They fell 4.1% in regular trading ahead of earnings.
- Q3 results, PR
Oct. 29, 2015, 4:17 PM
- Immersion (NASDAQ:IMMR): Q3 EPS of $0.08 beats by $0.08.
- Revenue of $14.31M (+18.8% Y/Y) beats by $0.95M.
Oct. 28, 2015, 5:35 PM
- ARAY, ARI, ATEN, ATR, AUY, AXTI, AZPN, BCOR, BCOV, BGG, BIDU, BMRN, BVN, BXP, CALX, CATM, CENX, CLW, COLM, CPSI, CPT, CRAY, CTRL, CXP, DCT, DECK, DGI, DGII, DLR, EA, ECOL, EHTH, EMN, EPAY, ESS, EXPE, EXTR, EYES, FE, FLDM, FLR, FLS, FRGI, FSLR, FWM, GB, GNW, HWAY, IM, IMMR, IMPV, ISBC, IXYS, KAMN, KRG, LC, LEG, LNKD, LSCC, MEP, MOBL, MOD, MOH, MTSN, MXWL, NANO, NBIX, NR, NSR, NUS, OIS, OMCL, ON, OSIS, OUTR, PCCC, PDFS, PRMW, PSMT, QTM, RGA, RKUS, RSG, SAAS, SAM, SBUX, SCTY, SEM, SGEN, SHO, TMST, TNAV, TNDM, TRMB, TSRO, TSYS, TUES, VR, WRI, WU, WWWW, YRCW
Oct. 6, 2015, 1:38 PM
- Looking to cater to Android OEMs hoping to offer something similar to Apple's 3D Touch pressure-sensing/haptic feedback tech (arrived with the iPhone 6S/6S+), Synaptics (SYNA +0.9%) has unveiled ClearForce, a technology it promises will crate "new dimensions in user interfaces such as speed scrolling, zoom, gaming, and text or photo editing by applying variable force with a finger or stylus."
- ClearForce-capable smartphones are expected to arrive in early 2016. Use cases include variable speed scrolling and gaming controls, picture zooming/panning, image editing, and device unlocking/wakeup.
- Analog Devices (ADI -1.1%) is believed to be supplying Apple with controller ICs that enable 3D Touch. Meanwhile, Immersion (IMMR -0.1%) has inked licensing deals with numerous Android OEMs for its haptic IP; it's still hoping to strike a deal with Apple.
- Also: Synaptics has launched three new lines of ClearPad touch controller ICs for mobile devices. A new flagship line for smartphones (the 3700 series) supports ClearForce, as well as SideTouch edge gesturing. Back in July, the company began sampling a second-gen TDDI (integrated touch controller/display driver) IC.
- Last week: Synaptics soars after reportedly rejecting $110/share buyout offer
Aug. 20, 2015, 12:09 PM
- With investors fleeing to safety and asking questions later - Chinese macro concerns have been playing a role - tech stocks with high betas (and sometimes also high multiples and big 2014/2015 gains) are among the biggest losers as the S&P drops 1.1%, and the Nasdaq 1.7%.
- Noteworthy decliners include action camera leader GoPro (GPRO -6%), security tech plays Palo Alto Networks (PANW -4.9%), FireEye (FEYE -4.5%), CyberArk (CYBR -5.7%), Qualys (QLYS -5.1%), Imperva (IMPV -6%), and Vasco (VDSI -4.2%), and driver-assistance tech leader Mobileye (MBLY -6%).
- Others include optical networking hardware vendors Ciena (CIEN -5%) and Infinera (INFN -7.3%), optical component vendors NeoPhotnics (NPTN -5.9%) and Oclaro (OCLR -6.7%), data management software firm Varonis (VRNS -5.5%), programmatic ad-buying platform Rocket Fuel (FUEL -7.4%), DNS/IP address hardware vendor Infoblox (BLOX -5.1%), haptic tech developer Immersion (IMMR -6.2%), and solar microinverter maker Enphase (ENPH -7.2%).
- Many Chinese tech stocks are also seeing heavy losses.
Immersion Corp. is an IP and software licensing company focused on the creation, design, development and licensing of patented haptic innovations and software that allow people to use their sense of touch more fully when operating a wide variety of digital devices. The company focuses on the... More
Industry: Computer Peripherals
Country: United States
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