Largo Inc
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Materials : Metals & Mining | Small Cap Value
Based in Canada
Company profile

Largo Inc. is engaged in the production and supply of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. It is also focused on the renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. It is in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations in addition to its United States -based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries. VPURE Flakes are used to produce ferrovanadium and vanadium carbon nitride for the steel industry.

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Here's what Apple's mixed-reality headset could feature

7:46 am ET January 24, 2023 (MarketWatch)

By Emily Bary

Apple's anticipated headset could sell for double the price of Meta's existing one, according to a report

Apple Inc. is expected to take on Meta Platforms Inc. with the launch of a mixed-reality headset later this year, but the company is likely to take a different approach than Meta to technology and pricing.

Bloomberg News reported Monday that Apple (AAPL) could charge about $3,000 for the new headset upon its debut, a pricing level that would be double what Facebook parent Meta Platforms Inc. (META) charges for its Quest Pro device.

Apple's device, reportedly to be named Reality Pro, will function differently, according to Bloomberg. Whereas the Quest Pro headset has controllers that users click to execute tasks, Apple's headset could have eye tracking and hand tracking. That would mean that users would be able to look at items within the headset and pinch their fingers together to choose one. Sensors would track their eyes, and cameras would track hand movements.

Tech companies are still trying to determine which use cases will get users hooked on mixed-reality headsets, and in that sense, Apple's approach might not depart too much from Meta's at the outset. Bloomberg reported that videoconferencing and meeting rooms will be a key initial focus of the Apple device.

Other likely features include immersive video and the ability for the device to serve as an external display for Macs. Users would be able to switch between virtual reality, which is immersive, and augmented reality, which layers virtual content over real-life surroundings, by using a dial similar to the one found on the Apple Watch.

Apple has been developing the Reality Pro for more than seven years, according to Bloomberg News, and is looking for it to become a revenue driver at a time when overall growth is expected to slow. The FactSet consensus implies expectations for 2.1% revenue growth in fiscal 2023, compared with 7.8% growth in fiscal 2022.

Apple didn't immediately respond to a MarketWatch request for comment on the headset's timing, pricing and technology.

-Emily Bary


(END) Dow Jones Newswires

January 24, 2023 07:46 ET (12:46 GMT)

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