Looking to get into investing in Virtual Reality stocks? Do some research on these companies. (Stock Pick 3 of 4)
“InvenSense Inc. (NYSE: INVN) is the provider of the MotionTracking™ sensor system on chip (SoC) for consumer electronic devices such as smartphones, tablets, wearables, gaming devices, optical image stabilization, and remote controls for Smart TVs. InvenSense provides the motion controller in the Nintendo Wii game controller and the Oculus Rift DK1. Its motion controllers are found in the Samsung Galaxy smartphones and most recently in the Apple iPhone 6. Founded in 2003, InvenSense is headquartered in San Jose, California with offices in Wilmington, Massachusetts, China, Taiwan, Korea, Japan, France, Canada, Slovakia and Italy.“
Why is InvenSense Important to VR?
“InvenSense released its new ICM-20603 6-axis inertial sensor over the summer, aimed squarely at the augmented and virtual reality markets. The company says the sensor gives VR headsets tighter alignment for head-tracking motions as well as faster refresh rates, both of which are an important part of a good VR experience. ”