Saphlux and Vuzix partner to develop advanced AR display solutions

SHENZHEN, China/ROCHESTER, N.Y. - Saphlux, Inc., a quantum dot MicroLED display manufacturer, and Vuzix Corporation (NASDAQ:VUZI), a supplier of smart glasses and AR technologies whose stock has surged 137% over the past year, announced Friday a strategic collaboration to develop high-performance optical solutions for augmented reality glasses. According to InvestingPro data, Vuzix maintains a strong liquidity position with a current ratio of 7.68, indicating robust operational flexibility.

Under the partnership, Saphlux will provide its T1-0.13" mono-green MicroLED microdisplay, while Vuzix will contribute its waveguide technology and system design expertise. The companies plan to jointly develop a reference design display engine by the end of 2025, including both dual-eye and single-eye mono-green models.

The collaboration aims to accelerate the commercialization of next-generation AI/AR smart glasses for third-party manufacturers. Future plans include expanding their work to develop a full-color AR optical solution.

"By combining our respective strengths, Saphlux and Vuzix will collectively advance the AR industry and expand real-world applications," said Paul Travers, President and CEO of Vuzix.

Dr. Chen Chen, CEO of Saphlux, noted that the partnership would demonstrate "the full performance potential and commercial viability" of the company’s microdisplay solutions in market-ready AI/AR glasses.

Saphlux claims to be the first and only company mass-producing quantum dot MicroLED displays, while Vuzix holds more than 450 patents and pending patents in optics, head-mounted displays, and augmented reality wearables.

The announcement was made in a press release statement from both companies.

In other recent news, Vuzix Corporation reported its Q2 2025 earnings, revealing a net loss of $0.10 per share, which was slightly better than the analysts’ forecasted loss of $0.12 per share. Despite this, the company fell short of revenue expectations, bringing in $1.3 million compared to the anticipated $1.54 million. In a strategic move, Vuzix appointed Dr. Chris Parkinson as President of Enterprise Solutions, marking a significant leadership change. Dr. Parkinson, a co-founder of competitor RealWear, brings nearly three decades of industry experience to the role. His compensation package includes an annual base salary of $360,000, participation in the management bonus plan, and stock awards tied to performance targets. Additionally, Vuzix announced a change in its auditing firm, engaging Withum Smith+Brown following a merger with Freed Maxick. This change comes as the company aims to maintain robust financial oversight. Vuzix also plans to showcase its augmented reality technologies at the upcoming Vision Expo West, highlighting its waveguide-enabled AR eyewear.

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