Formovie might not be a household name in Western markets, but the brand is actually well-established and has quite the pedigree. Formovie is a joint venture between Xiaomi and APPOTRONICS – a world-leading laser display technology company with its own patents and R&D and over 90% market share in the laser cinema space.
Source: Formovie Cinema Edge UST projector review – GSMArena.com news