2024-07-21 02:15:14 ET
Summary
- Immersion Corp designs haptic feedback technology and licenses it to major tech companies like Sony, Microsoft, Nintendo, and Samsung.
- IMMR's financial performance has been inconsistent, with sporadic revenue growth and a heavy reliance on litigation revenues for boosts.
- IMMR's future potential lies in the growing demand for haptic technology in AR/VR sets and consumer products, but its inconsistent revenue stream makes it uncertain.
Introduction
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Immersion Corp.: The Technology Is Great, But The Business Model Is Not Appealing