Vuzix said that it has completed the manufacturing transition of M300 volume production from the company’s existing Tier-1 contract manufacturer in the USA to their operations in China, which should boost scale, improve yields and reduce costs by up to 33% already, with further reductions expected. Yield has already improved.
“With the recent rollout of our OS 1.2 firmware update, the introduction of our full M300 accessory line and a reliable and steady flow of production arriving, Vuzix should be well positioned to deliver in volume to our enterprise customers over the second half of 2017”, said Paul Travers, President and CEO at Vuzix.