Wearable Devices Announced Its Recent Filing Of A Patent Application With The U.S. Patent And Trademark Office For Touchless Pinch-To-Zoom Technology For Augmented Reality And Virtual Reality Wearables
Portfolio Pulse from Benzinga Newsdesk
Wearable Devices (WLDS) has filed a U.S. patent application for a touchless pinch-to-zoom technology designed for augmented reality (AR) and virtual reality (VR) wearables. This move could potentially enhance the company's intellectual property portfolio and offer a competitive edge in the AR/VR market.
December 18, 2023 | 1:04 pm
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Wearable Devices' patent application for touchless pinch-to-zoom technology could strengthen its position in the AR/VR industry and attract investor interest due to potential market advantages.
The filing of a patent application by Wearable Devices for innovative technology typically signals a positive development for the company. It suggests that WLDS is actively investing in research and development to stay ahead in the competitive AR/VR market. This could lead to increased investor confidence and a potential rise in stock price in the short term, as the market often reacts favorably to news of technological advancements and intellectual property expansion.
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