QualityStocksNewsBreaks – SPYR Inc.’s (SPYR) Applied Magix Subsidiary Addressing Key Problem Facing Target Consumer Market
SPYR (OTCQB: SPYR) intends to capitalize on the burgeoning trend within the smart home products segment through its Applied Magix subsidiary. This tech company plans to develop and resell Apple-compatible products with an emphasis on the growing, multibillion-dollar internet of things (“IoT”) smart home and connected car markets. “In 2020, SPYR acquired Applied Magix Inc., a registered Apple developer and reseller of Apple-ecosystem-compatible products, to enter the global IoT market, initially through the development, manufacture and sale of devices and accessories specifically built on Apple’s HomeKit framework,” a recent article reads. “By focusing on creating smart hardware and software solutions…