Samsung Acquires Liquavista
Samsung announced that it acquired a company called Liquavista for an undisclosed sum at the end of December 2010. Liquavista, formerly a part of Philips, creates display for mobile devices and has developed a display technology called electrowetting. Electrowetting is specifically intended for devices such as mobile phones, ereaders and other mobile electronics. Electrowetting displays offer twice the brightness of current LCDs and consume just 10% of the power. Samsung will be able to modify its current LCD production facilities to produce eletrowetting displays instead. Samsung believes the addition of Liquavista will help it offer better displays for its line of mobile devices.