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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.


TSXV:NXO - Post by User

Post by rich39on Aug 13, 2021 6:45am
535 Views
Post# 33699458

If this doesn't get you excited....

If this doesn't get you excited....

Phones with Qualcomm Snapdragon 778G arriving in August

List of Phones with Snapdragon 778G Processor to Buy in 2021 (dealntech.com)

NexOptic’s Aliis is integrated onto the Snapdragon 778G chipset and was on showcase at the Qualcomm 5G Summit 2021 event alongside the new 700-series chipset for mobile devices.

This latest Snapdragon chipset is expected to appear in premium mid-range smartphone offerings from Honor, iQOO, Motorola, Oppo, and Realme giving access to premium Snapdragon experiences like Aliis to a wider audience.

Rich Geruson, NexOptic Chairman, Announces Aliis Showcased at Qualcomm’s 5G Summit – NexOptic

We've also just learned that Samsung's upcoming Galaxy A52s 5G will come with a newer and more capable Qualcomm Snapdragon 778G. The newer chipset has better Cortex-A78 cores and is also based on the modern 6 nm architecture.

Samsung Galaxy A52s 5G specs have been detailed - Gizchina.com

Plus more phones hitting the market with Snapdragon 778G...

The Realme GT Master was announced on July 21, 2021

Realme GT Master - Specifications, Price in India, Launch Date (dealntech.com)

The Motorola Edge was announced on July 29, 2021

Motorola Edge 20 - Specifications, Price in India, Launch Date (dealntech.com)

In mid-June, Honor launched the Honor 50 series, the world’s first Snapdragon 778G 5G smartphone and sales have been huge, the company is struggling with production, and have been working to increase production capacity.

The first sales report announced by Honor shows that the Honor 50 series hit over $77 million sales in one minute and is the best-selling smartphone in the $386 – $618 price range for 17 consecutive days.

The Snapdragon 778G is designed to deliver cutting-edge mobile gaming and accelerated artificial intelligence (AI) to enable stunning photo and video experiences on smartphones.

Last September Nexoptic opened an office in South Korea for managing NexOptic’s South Korean and regional accounts, which include ongoing dialogues with leading regional OEMs.

Korean Operations Initiated – NexOptic

The Korean team led by DeaWon Baek, who has worked for Motorola Korea and has extensive experience with Korean IT companies such as Samsung and LG, have been busy and have been hiring new software developer's. Oscar Yoon, Nexoptic Asia's VP of business development has a history of closing deals with world-renowned companies such as GE, Lenel, Securitas, Toshiba, Pelco, and Tyco, and has experience in establishing and operating new business units from the ground up, developing and selling camera & computer vision technologies.

Nexoptic's Canadian team have also been hiring! Certainly seems like things are heating up at Nexoptic and the next series of new announcements should be very interesting.

You would never say much was going on if you were only tracking the share price which has been under extreme selling pressure ever since the beginning of the year when 3DB started unloading their 40 million shares and have accounted for 75% of the volume since then. Well, that selling pressure will soon be over, as of Aug 11 they dropped below 10%, so no more insider selling reports to be filed daily. They now have 13 million minus 8 million optioned off to Nexoptic management for a total of 5 million or less left to sell.

With this extreme selling pressure soon behind us, and the potential for some exciting news announcements over the next few months with regard to new phones, and all the other customers of Qualcomm, Nvidia, and Arm rolling out new devices and products, NXO should be due for some major share price movement. This could be quite the opportunity!

Business – NexOptic


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