Vuzix Signs Distribution Agreement With Japan-Based ASK Corporation And Receives Initial Volume Smart Glasses Order
Portfolio Pulse from Benzinga Newsdesk
Vuzix has signed a distribution agreement with Japan-based ASK Corporation and received an initial volume order for its smart glasses. This partnership expands Vuzix's presence in the Japanese market.
June 14, 2023 | 1:27 pm
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Vuzix's distribution agreement with ASK Corporation and the initial volume order for smart glasses could boost its revenues and expand its presence in the Japanese market.
The distribution agreement with ASK Corporation directly involves Vuzix and its smart glasses products. The initial volume order indicates demand for the product in the Japanese market, which could lead to increased revenues and market expansion for Vuzix. This positive development is likely to have a short-term positive impact on VUZI's stock price.
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