Vuzix To Supply Augmented Reality Smart Glasses To Toshiba
Vuzix Corporation has inked a deal with Toshiba in which the American technology firm will supply its custom M300 smart glasses to the Japanese conglomerate company over a three-year term. Under the agreement, Vuzix will deliver its augmented reality (AR) smart glasses exclusively to Toshiba for up to 12 months after the Tokyo, Japan-based company submits purchase orders for the said consumer electronics products worth at least $5 million, with the Vuzix-powered smart glasses slated to carry the Toshiba brand and set to be sold on a global scale. Vuzix also said that the smart glasses will ship with a mobile computing system to accompany the head-mounted device.
Other than Toshiba, Vuzix also previously entered into agreements with other tech companies that wanted to grow their stake in the smart glass segment. Last August, the company formed a AR smart glass partnership with BlackBerry, which also marked the Canadian multinational company’s first foray into the wearable category.
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