Furong Technology officially enters the Metaverse hardware track to help Samsung and VIVO build the next generation of MR/VR devices

Recently, the reporter from Securities Daily learned from Sichuan Furong Technology Co., Ltd. (hereinafter referred to as “Furong Technology”) that the company is actively developing aluminum structural materials for next-generation Metaverse hardware devices used in Samsung MR (Mixed Reality) headsets, VIVOVR (Virtual Reality) headsets, etc., marking Furong Technology’s official entry into the Metaverse hardware track.

Furong Technology is a professional manufacturer engaged in the research and development, production, and sales of aluminum structural materials for consumer electronic products. The main products are aluminum structural materials for consumer electronic products, used to make frame structural components of smartphones, shells of tablet computers, covers, bottom plates, and keyboards of laptops, as well as structural components of wearable products, phone holders, buttons, cameras, and hinges for foldable screen phones.

It is reported that the aluminum structural components developed by Furong Technology this time will be applied to the new generation of MR/VR devices of international well-known brands such as Samsung and VIVO. While ensuring the strength of the device, this material can significantly reduce the weight of the device and enhance the comfort of wearing for users. At the same time, its excellent heat dissipation performance will effectively solve the heating problem generated by the long-term operation of MR/VR devices, bringing users a more smooth and stable immersive experience.

Founder of Qinghui think tank, Song Qinghui, said in an interview with Securities Daily that "MR/VR is generally regarded by the market as the next generation of important computing platform after smartphones, and may have huge potential to change people’s lives, work, and entertainment in the future. With the continuous advancement of related technologies and the increasingly perfect industrial chain in the future, MR/VR devices are expected to gradually become popular.

According to the analysis of Jianghai Securities, based on Trendforce, the global shipments of VR (virtual reality) and MR (mixed reality) headsets are expected to reach approximately 9.6 million units in 2024, representing an 8.8% year-on-year growth. Various manufacturers including NVIDIA, Foxconn, and Alibaba Cloud have all begun to layout AR/AI glasses, which may accelerate the future technological development of the industry and drive the growth of related demand. It is expected that the future growth rate of the VR/MR and AR/AI glasses industry will accelerate.

Furong Technology’s board secretary, Huang Wei, stated in an interview with Securities Daily, ‘The company attaches great importance to this cooperation with Samsung and VIVO, and will concentrate its superior resources to fully ensure the R&D progress and product quality, striving to achieve mass production as soon as possible. In the future, the company will continue to deeply cultivate the field of consumer electronics materials, closely follow the industry development trend, continuously launch innovative products, provide high-quality material solutions for global customers, and support the development of the Metaverse industry.’

Song Qinghui analyzes that Furong Technology is good at the application and processing of lightweight aluminum alloy materials, which is crucial for the pursuit of lightweight and comfortable MR/VR devices. At the same time, Furong Technology’s layout of MR/VR device development also has a good industrial foundation and competitive advantage, and is expected to occupy a place in the rapidly developing MR/VR market in the future. The design and manufacture of precision structural components are key links in MR/VR devices, which are highly relevant to Furong Technology’s main business.

Deputy Secretary-General Yuan Shuai of the Zhongguancun Internet of Things Industry Alliance stated in an interview with Securities Daily that ‘Furong Technology has established cooperation with international well-known brands such as Samsung and VIVO, which provides market guarantee for its layout in the MR/VR device field. Through cooperation with these brands, Furong Technology can better understand market demand and trends, adjust research and development direction and product strategy in a timely manner, and thus occupy a favorable position in the fierce market competition.’

(Source: Securities Daily)

Source: East Money

Author: Securities Daily