July 24, 2013
Google has taken a stake in Himax Display, which produces microdisplays for head-mounted devices including Google Glass — indicating the Internet giant expects to ramp up production to more than 2 million units per year, according one Wall Street analyst.
Google has agreed to invest in the company, a subsidiary of Taiwan-based Himax Technologies, to fund production upgrades, expand capacity and enhance production capabilities for liquid crystal on silicon (LCOS) chips and modules used in applications including head-mounted displays like Google Glass.
Under the pact, Google will purchase a 6.3% interest in Himax Display, with the option to increase its stake to up to 14.8%.
This article was posted: Wednesday, July 24, 2013 at 9:34 am