Xiaomi AR Glasses Available, Almost
According to what we have seen and read, this device is less an AR device and more a mobile camera, essentially a wearable camera and Xiaomi seems to be promoting it as such, with additional applications such as Chinese to English translation and one-click sharing and exporting of images to the Xiaomi smartphone app. The design of the glasses does not seem to be oriented toward the sleek design approach we would expect from Apple (AAPL) or Samsung (005930.KS), but more of a ‘proud to be a nerd’ approach that might not help to create a broad customer base. While one would expect Xiaomi to fund the development and production of such a device, the product is crowd-sourced and will begin production when it has raised sufficient capital to justify manufacturing (to be done by Seiko (6286.JP)), which is expected to be only available in China, at least for now. A bit on the disappointing side.