Anthony Stoss's questions to IMMERSION (IMMR) leadership • Q1 2021
Question
Anthony Stoss inquired about the potential size of the China mobile market, the impact of a new haptics standard for Android gaming in China, Google's plans for embedding haptics, and the outlook for new gaming controller licensees ahead of the holiday season.
Answer
Interim CEO Jared Smith explained that the China mobile market is substantial, with about 600 million phones manufactured by local OEMs, and Immersion is in the early stages of capturing this opportunity through its channel licensing program. He noted that the new haptics standard in China is a positive development that will drive adoption of higher-quality haptic systems, benefiting Immersion. Regarding new gaming licensees, Smith confirmed the PS5's DualSense controller is sparking significant interest from third-party manufacturers, and while discussions are ongoing, he could not comment on the timing of new product launches.