Himax Display is a subsidiary of Himax Technologies and Google says it has taken a 6.3 per cent share of the company to help fund production upgrades of liquid crystal on silicon (LCOS) chips that are used head-mounted displays. Google has also signed an option it increase it's holding in Himax to a maximum of 14.8 per cent.
According to Mark Gomes of Poised to Triple Research the Google investment “signifies that Google intends to prepare for more than two million units Glass production annually."
He believes that production of two million Google Glass glasses will be nowhere near enough to satisfy consumer demand and believes that Himax will soon be producing seven million LCOS micro-display a year. Certainly Himax has already ramped-up LCOS production capacity three or more months ago. The companies share rose significantly as the news of Google's investment hit the wires.
Email Newsletters
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.
