Wearable Extends AI-Based Air-Touch Functionality To Include Android Devices
Portfolio Pulse from Nabaparna Bhattacharya
Wearable Devices Ltd. (NASDAQ: WLDS) plans to extend its AI-based Air-Touch functionality to include Android devices, targeting the commercial and enterprise markets. The company previously partnered with a Fortune 500 communications equipment company to integrate the technology.
June 23, 2023 | 4:12 pm
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Wearable Devices Ltd. is extending its AI-based Air-Touch functionality to Android devices, targeting the commercial and enterprise markets, which may lead to increased adoption and revenue.
The extension of Air-Touch functionality to Android devices opens up a new market for Wearable Devices Ltd., specifically targeting commercial and enterprise customers. This move has the potential to increase adoption of their technology and generate additional revenue. The company's previous partnership with a Fortune 500 communications equipment company also indicates a positive outlook for the technology's integration and market acceptance.
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