The outfit said it is developing an Android-compatible pair of computerized eyeglasses designed to show users low-resolution imagery, as well as text. The device is also equipped with a camera.

The glasses are controlled by wire, weigh 77 grams and can connect with Wi-Fi and Bluetooth.

A commercial release is scheduled for 2016 and the developer edition is expected to go on sale in early March for $840. This is half the price of what Google was trying to charge its developers and it managed to sell 10,000 pairs of its prototype for $1,500 each.

Microsoft has unveiled its own plans to launch a computerized headset called the HoloLens, which allows users to see high-definition holograms, using voice commands and hand gestures.

HoloLens is scheduled to be released in the Windows 10 timeframe, which is expected around mid-year.