founded in march 2004, the taiwanese company oculon optoelectronics is a well-experienced optoelectronics company that has been engaged in the design and the development of head-mounted display (hmd) and a series of light-weighted portable display products. at computex taipei 2013 the company demonstrated a prototype of its oculon smart glasses, an eyewear display which is expected to compete the google glass with better screen, longer battery life and less than half the price. the prototype carries a 640×480-pixel resolution, but the final version will have a 720p display. images appear translucent, making them easy to see through. it will be offered in two versions – monocular and binocular – while the google glass only offers a monocular version. among oculon's features will be speech recognition, gesture control and the ability to connect to a bluetooth control pad for navigation. the company expects to go into mass production of the oculon by late 2013 and is hoping to hit an msrp of $500. as an oem, oculon will not release the smart glasses on its own, but instead will sell it to a variety of vendors who will take the device to market under their own brands. consumer versions are expected to be released by late 2013.