Friday, March 22, 2013

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

7:12 PM

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.


Source: Bloomberg

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