Reuters | January 19, 2011 | Miyoung Kim
(Reuters) – Samsung Electronics Co said on Thursday it had acquired Dutch display firm Liquavista, which specializes in electronic paper technology, as the world’s biggest LCD screen maker seeks to expand in the booming mobile display market.
Samsung declined to reveal the acquisition value of the Eindhoven-based firm, a spin-out from Philips Research Labs.
Liquavista offers a new type of electronic display technology called electrowetting used in e-readers, mobile phones and media players and consumes just 10 percent of the battery power of existing display technologies, Samsung said.
“As electrowetting can be manufactured by modifying LCD production lines, Samsung will be able to realize significant synergies through the utilization of existing manufacturing equipment and capabilities,” it said in a statement.
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Samsung acquires e-paper technology firm Liquavista
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