Company Profile
VIA Optronics AG is a leading provider of optical display solutions for automotive, consumer electronics and industrial applications. These displays are sunlight readable, ultrathin, curved, and touch-friendly. They can be found in different products such as car navigation displays, rear-seat displays for entertainment, interactive music display systems. laptops, notebooks, tablets, interactive conference room displays, agricultural systems, in planes as entertainment displays, marine navigation display systems, and in digital entertainment applications. It is basically a semiconductor and related devices provider company. So, the parts inside of your equipment come from VIA Optronics.
Stock Details
This company has been in public listing and will go public soon with the estimated date being 25th September 2020. It is based in Germany with about 681 employees. It plans to be listed on the NYSE with the symbol VIAO and has about 6.3 million shares. The pricing for the shares is estimated to be $15 to $17. They have an estimated marketing cap proposal of $338 – 384 M. Berenberg is the sole book runner on the deal. The unique identifier for this stock is NYSE: VIAO at https://www.webull.com/quote/nyse-viao.
News Report
VIA optronics announced terms for its IPO on Monday. It plans to raise $100 million from its shares and some additional $21 million from a private placement with commercial partner Corning. One could make a really good investment by investing some money in the shares of NYSE: VIAO when it is open to the public. Also, stock markets keep changing every second and thus it is important to be updated with regular news of the stocks and quotes for the shares. Deciding and planning the trading strategy is important in such cases.
Work And Future
They have expertise in developing and manufacturing interactive display head assembly. The assembly includes a display, touch sensors, cover lens, and bonding technologies. They also provide materials used in touch modules or touch products such as application-specific metal mesh touch sensors and electrode base film. They are also working to develop camera integrated enhanced displays for better interactions by combining the fields of camera module design and touch sensor and display solutions. They are also developing curved panels with multiple display features and display assemblies that use less power, easily readable, and best optical clarity.
Thus, they are here to stay, adding some new technical features to amazing displays and making it more user friendly. Who knows, you may be looking at the future scenario from any sci-fi movie, which shows digital displays and touch sensor monitors on a glass surface. You can check more stocks like NYSE: KMI at https://www.webull.com/quote/nyse-kmi before trading.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.