Google invests in supplier parts Glass

Google invests in supplier parts Glass

Technology giant Google has invested in Taiwanese Himax Displays, which makes parts that can be used in the internet glasses Google Glass. Google is probably planning on going into mass production with the Google Glass starting as early as next year.

Investing in production capacity

The applications of the internet glasses are endless: the wearer can see where he has to go the moment he steps into his car, without having to look at the small screen of his GPS.  He will also be able to immediately get traffic reports and information about the weather and his route.

 

The input of Google should allow Himax Display to improve its products and to increase its production capacity. Google has been working with Himax Displays for a number of years, but now clearly wants to help achieve faster, bigger and (especially) cheaper production.

 

Google will acquire 6.3 percent of the shares of the Taiwanese company ,pw Next year it will be able to buy another package of 8.3 percent. Other investors of Himax Displays are Kleiner Perkins Caufield & Byers, Khosla Ventures and Intel Capital.

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