Saturday, March 23, 2013

Samsung mulls sale of Dutch e-ink display business to Amazon

Samsung mulls sale of Dutch EInk display subsidiary to Amazon

It's not often that we hear of Samsung suffering from buyer's remorse, but it looks like it should have kept e-ink manufacturer Liquavista's receipt in the box-file marked "Important." Bloomberg's Person Familiar With The Matter(TM) believes Samsung is trying to flog the Dutch electrowetting display outfit it bought two years ago -- back when such technology was the holy grail of screens. Now the Korean giant is looking for a sub-$100 million sale to Amazon, which might be able to use the tech in future iterations of the Kindle. When asked, a Samsung spokesperson said that the acquisition didn't meet its expectations, which makes us sad for the future of e-ink devices beyond e-readers -- now the folks at YotaPhone are our only hope.

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Source: Bloomberg

Source: http://www.engadget.com/2013/03/22/samsung-mulls-liquavista-sale/

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