Samsung’s Gear S2 smartwatch was officially launched this week at a trade show in Germany. In an effort to battle Apple Inc., Samsung and other key wearable tech players are attempting to participate in this ever-so-quickly evolving market. Alongside these industry giants are smaller companies, such as the ones on our list, which are creating its own wearable tech, including some with applications in the biomedical field.
Globant SA (NYSE: GLOB) – $27.67
IT Services & Consulting
Globant S.A. is a technology services provider with 12 Studios, which includes Consumer Experience; Gaming; Big Data and High Performance; Quality Engineering; Enterprise Consumerization; UX and Social; Mobile; Cloud Computing and Infrastructure; Wearables and Internet of Things; After Going Live; Digital Content; and Product Innovation. The Globers for each Studio include engineers, architects, artists and designers, business analysts, quality control analysts, marketing professionals, and project managers.
- Market Cap: $1,238,422,061
- Revenues (LTM): $267,062,607
- Research and Development (2014): N/A
- Cash and Short Term Inv. (LFQ): $79,626,378
Multi-Fineline Electronix Inc. (NASDAQ: MFLX) – $15.59
Semiconductors
Multi-Fineline Electronix, Inc. is a producer of flexible printed circuits and flexible circuit assemblies. With facilities in Irvine, California; Suzhou, China; Korea; Taiwan, and Singapore, the Company offers a global service and support base for the sale, design and manufacture of flexible interconnect solutions. Multi-Fineline Electronix is a global provider of flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.
- Market Cap: $508,588,537
- Revenues (LTM): $0
- Research and Development (2014): $1,623,035
- Cash and Short Term Inv. (LFQ): $178,503,885
Immersion Corp. (NASDAQ: IMMR) – $12.13
Computer Hardware
Immersion Corporation is an intellectual property (IP) and software licensing company focused on the creation, design, development and licensing of haptic innovations and software that allow people to use their sense of touch more when operating a range of digital devices. The Company is focusing its marketing and business development activities on the following markets: mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical, and commercial. In the target markets, it licenses the software and IP to manufacturers for use in products sold under its own brand names.
- Market Cap: $435,835,054
- Revenues (LTM): $70,240,691
- Research and Development (2014): $13,701,107
- Cash and Short Term Inv. (LFQ): $89,478,029
Kopin Corp. (NASDAQ: KOPN) – $3.04
Semiconductors
Kopin Corporation is an inventor, developer, manufacturer and seller of wearable technologies, which include components and concept systems. The Company operates in two segments, which include Forth Dimension Displays Ltd. (FDD) and Kopin. The components that it sells consist of its active-matrix liquid crystal displays (AMLCD), liquid crystal on silicon (LCOS) displays, optical lenses and application specific integrated circuits (ASICs). Its concept systems are focused on the emerging market for head-worn, hands-free voice and gesture controlled wireless computing and communication devices.
- Market Cap: $268,310,685
- Revenues (LTM): $47,189,124
- Research and Development (2014): $24,105,623
- Cash and Short Term Inv. (LFQ): $108,775,602
