Samsung takes over Dutch Company Liquavista, plans to pep up display tech
Multinational conglomerate corporation Samsung has confirmed to have taken over Liquavista. Liquavista is a Dutch company founded in 2006 as a spin-out from Philips. It makes colour e-paper video screens that can work with or without a backlight using electrowetting technology.
This buyout deal is crucial and important for Samsung as it now would enable the company to gain access to electrowetting which would allow for e-paper performance closer to that of an LCD, by refreshing a substantial 70 times faster than traditional e-paper and playing colour video but still having twice the light transmittance of an LCD. Also cost cutting can be looked for in the electricity aspect as it uses just a tenth of the power.
Samsung has stated that the technology will be utilised to its maximum potential by applying it across diverse sectors and not restricting it only to e-readers. Among the devices which will see use of this technology in future will include mobile phones, media players and other mobile devices. Samsung may also license electrowetting to other firms.
The buying out of Liquavista is being seen as an attempt by Samsung to scale up the quality and offerings of its products in an attempt to beat competition.