Unique Pancake Optics Design and World’s
Leading 1.3” 2.6K x 2.6K OLED Display Offer Exceptional Comfort and
Ease of Use with Extremely Sharp Image
Kopin® Corporation (NASDAQ: KOPN), a leading developer and
provider of high-resolution microdisplays and display subassemblies
for defense, enterprise, consumer and medical products, announced
today it has developed a new all-plastic Pancake® optics for its
new-generation 1.3” 2.6K x 2.6K Lightning® organic light emitting
diode (OLED) microdisplay with outstanding performance for virtual
reality (VR) applications. The new Pancake optics (named P80)
enables the design of compact, lightweight, stylish VR glasses that
are comfortable to wear for extended hours with no need for
adjustment, even for people who wear eyeglasses. The P80 Pancake
optics provides a very sharp, 77° field-of-view (FOV) image with
very long (23 mm) eye relief and large (12-mm-diameter) eye box.
Kopin previously announced the world’s first all-plastic Pancake
optics with 95° FOV but with a smaller eye relief and eye box.
Pancake optics, compared to other optics designs, can provide
far superior magnified image quality in a much thinner form factor,
especially for VR headset products with FOV ranging from 50° to
100°. However, previous Pancake optics needed at least one
spherical glass lens to avoid image artifacts caused by
birefringence of plastic materials, but this spherical glass lens
added both weight and cost to the lens system as well as reduced
optical design flexibilities compared to aspherical plastic lens.
Kopin’s patent-pending two-element Pancake optics design, together
with processes to make aspherical plastic lenses with virtually no
birefringence, has provided much better image quality, much smaller
size, lighter weight and lower cost than anything previously
available.
Kopin's P80 all-plastic Pancake optics, optimized for Kopin’s
world-leading 1.3" 2.6K x 2.6K organic light emitting diode (OLED)
microdisplay (2560 x 2560 resolution), provides an extremely sharp
image with excellent modular transfer function even out to the edge
of the field of view, a critical and difficult to achieve
performance feature for VR applications. Combined with Kopin's 2.6K
x 2.6K high-brightness OLED microdisplay, the P80 pancake optics
provides a virtual image equivalent to a 180-inch-diagonal display
viewed from a 3-meter distance. With the same display operated in a
16: 9 mode, the FOV is 65° (equivalent to 150” TV viewed from a 3-m
distance).
The new-generation 1.3”-diagonal 2.6K x 2.6K OLED display on
chip (DoC®) is designed with Kopin's extensively patented backplane
architecture that reduces power consumption and delivers very high
frame rates up to 120 Hz and color control up to 10 bits (30
full-color bits). Utilizing its patent-pending ColorMax®
technology, Kopin has been working with its partner, Lakeside
Optoelectronic Technology Co., Ltd., to optimize the duo-stack OLED
structure to output color spectrum to match the bandpass of the
color filters for high color fidelity (> 100% sRGB), coupled
with very high Current Efficiency for high brightness (> 1000
nits). The 30-bit color control, together with the high color
fidelity, high brightness and high contrast ratio (> 10,000: 1),
enables the much-desired studio-quality, high-dynamic-range (HDR)
VR experience. Kopin’s 2.6K x 2.6K OLED fully integrated on Si is
the world’s largest DoC with unmatched performance.
“It has been our long-term objective to provide critical
components for VR headsets which are thin, lightweight, and easy to
use – just put it on and no fuss, like regular eyeglasses,” said
Dr. John C.C. Fan, CEO and founder of Kopin Corporation. “Our novel
P80 all-plastic Pancake optics combined with our new-generation
2.6K x 2.6K OLED microdisplay almost meet such requirements. We
understand somewhat smaller FOV is a little curve ball – most folks
aim for as large image as possible. However, we believe in the
importance of ‘Human First’. We plan on offering our new optics as
either a stand-alone component or in a module with our OLED
microdisplays. Our all-plastic Pancake optics with very long eye
relief and large eye box combined with our outstanding OLED
microdisplay that has wonderful color, 120 Hz operation and 10-bit
color control could spearhead a new era of VR glasses.”
The P80 Pancake optics with 2.6K x 2.6K OLED display will be
shown on January 6th (6:00-8:30 pm) at Kopin’s suite at the
Westgate Las Vegas Resort & Casino during the reception and
Fireside Chat (7:00pm) with Dr. Fan and Chris Chinnock (Insight
Media, Inc. & 8K Association) about their perspectives of the
Metaverse.
About Kopin Corporation
Kopin Corporation is a leading developer and provider of
innovative display and optical technologies sold as critical
components and subassemblies for military, industrial and consumer
products. Kopin's technology portfolio includes ultra-small Active
Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon
(LCOS) displays and Organic Light Emitting Diode (OLED) displays, a
variety of optics, and low-power ASICs. For more information,
please visit Kopin's website at www.kopin.com.
About Lakeside Optoelectronic Technology Co., Ltd.
Lakeside photoelectric technology (Jiangsu) Co., Ltd. is an OLED
technology developer and OLED micro display manufacturer having a
factory in Changzhou, China. For more information, please visit
Lakeside's website at www.hupanoled.com.
Kopin, ColorMax, DoC, Lightning and Pancake are registered
trademarks of Kopin Corporation.
Forward-Looking Statements
Statements in this press release may be considered
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended (the "Securities Act"), and
Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), which are subject to the safe harbor created by
such sections. Words such as "expects," "believes," "can," "will,"
"estimates," and variations of such words and similar expressions,
and the negatives thereof, are intended to identify such
forward-looking statements. We caution readers not to place undue
reliance on any such "forward-looking statements," which speak only
as of the date made, and advise readers that these forward-looking
statements are not guarantees of future performance and involve
certain risks, uncertainties, estimates, and assumptions by us that
are difficult to predict. These forward-looking statements may
include statements with respect to: our relationship with Lakeside
Optoelectronic Technology Co., Ltd., to optimize the duo-stack OLED
structure to output color spectrum to match the bandpass of the
color filters for high color fidelity: and our plan to offer our
new optics as either a stand-alone component or in a module with
our OLED microdisplays. Various factors, some of which are beyond
our control, could cause actual results to differ materially from
those expressed in, or implied by, such forward-looking statements.
All such forward-looking statements, whether written or oral, and
whether made by us or on our behalf, are expressly qualified by
these cautionary statements and any other cautionary statements
that may accompany the forward-looking statements. In addition, we
disclaim any obligation to update any forward-looking statements to
reflect events or circumstances after the date of this press
release, except as may otherwise be required by the federal
securities laws. These forward-looking statements are only
predictions, subject to risks and uncertainties, and actual results
could differ materially from those discussed. Important factors
that could affect performance and cause results to differ
materially from management's expectations are described in Part I,
Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations; and
other parts of our Annual Report on Form 10-K for the fiscal year
ended December 26, 2020, or as updated from time to time in the
Company’s Securities and Exchange Commission filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20220105005939/en/
Kopin Corporation 508-870-5959 Products Dennis Natale, 2.6K x 2.6K OLED
microdisplay products, dnatale@kopin.com Greg Truman, Optics for
Consumer Display products, GTruman@kopin.com
Investor Relations Richard
Sneider, 508-870-5959 Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com or Market Street Partners Joann
Horne, 415-445-3233 JHorne@marketstreetpartners.com
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