Want China Times, CNA 2014-10-23
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A man tries on Google Glass, Apr. 25. (File photo/CNS) |
Taiwanese
chip maker Himax Technologies announced Wednesday that Google has decided not
to exercise its previously issued purchase option to make an additional
investment into a Himax unit, Himax Display, which supplies
liquid-crystal-on-silicon microdisplay technology for Google Glass.
The second
round investment decision by Google will not affect the two companies'
strategic partnership, Himax said. They added they the company has been
authorized by Google to make the following statement: "Google continues to
work closely with Himax as a strategic partner on future technologies and
products and will remain a board observer."
The companies
did not explain why Google has decided not to make additional investment.
Himax
Display has been Google's partner for several years. The US search giant made
its first-round investment in October 2013 to acquire a 6.3% stake in Himax
Display and had the option to increase its stake to 14.8%.
Over the
last few years, Himax Display has devoted its research and development of its
liquid-crystal-on-silicon technology for new applications of head-mounted
displays and other wearable computing applications.
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