Samsung Electronics buys Dutch LCD firm

Jan 20, 2011

Samsung Electronics said Thursday it had acquired Liquavista, the pioneer of a new screen technology that the South Korean giant hopes will boost its liquid crystal display (LCD) business.

Samsung said it would build on the Dutch firm's "electrowetting" technology, which it said allows for bright, colourful and easy-to-read displays in any light environment, and uses less energy.

Samsung, the world's largest maker of flat screens and memory chips, did not disclose how much the deal was worth.

Electrowetting can be applied to e-readers, mobile phones, media players and other mobile devices, said Samsung, which is taking on Apple's with a called the Galaxy Tab.

"With the acquisition of Liquavista, Samsung aims to strengthen its leadership in (the) next-generation display industry by pioneering the application of electrowetting in e-paper and transparent displays," the company said in a statement.

The Eindhoven-based Liquavista, which was founded in 2006 as a spin-off from Philips Research Labs, joins Samsung's growing LCD business as flat-panel televisions and mobile screens explode in popularity worldwide.

in 2008 acquired intellectual property assets of US firm Clairvoyant, allowing it to develop new LCDs with less . It also acquired Israeli semiconductor technology provider TransChip in 2007.

Explore further: Judge approves $450 mn deal in Apple ebook suit

add to favorites email to friend print save as pdf

Related Stories

SAMSUNG Electronics Regains No. 1 Spot in LCD Market

Dec 20, 2004

Samsung Electronics regained the No. 1 position in the global liquid crystal display (LCD) market last month from LG.Philips LCD, according to the Texas-based display market research firm, DisplaySearch. The electronics gian ...

Recommended for you

Dish restores Turner channels to lineup

10 hours ago

Turner Broadcasting channels such as Cartoon Network and CNN are back on the Dish network after being dropped from the satellite TV provider's lineup during contract talks.

'Call of Duty' blasts past $10 bn in sales

Nov 20, 2014

Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales, propelled by demand for the latest installment in the 11-year-old franchise.

Square's point-of-sale service goes global

Nov 20, 2014

Financial services startup Square is taking aim at cash registers across the globe, making its point-of-sale software available internationally in English, Spanish, French and Japanese.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.