Andre Yoskowitz
4 May 2014 21:45
Apple has acquired the power-efficient LED startup LuxVue, although financial terms were not disclosed (Apple never does).
The micro-LED maker will be integrated to help Apple in its "hardware innovations areas" say sources, which could mean the tech will be used in upcoming iPhones or iPads (or maybe even an iWatch).
There is also the potential that Apple may be looking to start building their own device screens in-house, cutting out other manufacturers like Samsung and Sharp and Japan Display.
So far, LuxVue has allegedly seen a breakthrough in display tech, allowing for much better power efficiency than currently seen in LED.
The company has raised $43 million in venture capital funding to date.
Source:
PCM