Hon Hai Precision Industry Co Ltd (鴻海精密), the world’s biggest electronics manufacturing services provider, yesterday said it has sold a portion of its patent portfolio consisting of head-mounted display technology to Google Inc.
Hon Hai said in a statement its head-mounted display technology superimposes computer-generated images onto real-world scenes.
It did not disclose the financial terms of the deal.
The technology can be used in ground displays, engineering and scientific design applications, gaming and video devices as well as for training and simulation tools, the company said.
Hon Hai owns more than 5,000 patents.
The patent purchase is Google’s latest investment aimed at accelerating the development of Google Glass.
On July 22, Google signed an agreement with Tainan-based chipmaker Himax Technologies (奇景光電) to buy a 6.3 percent stake in its subsidiary, Himax Display Inc (立景光電), to help boost Himax Display’s chip capacity. The deal is expected to be completed this quarter.
Himax Display makes LCOS chips for head-mounted displays such as in Google Glass and in pico projectors.
Separately, Innolux Corp (群創光電), the nation’s top LCD panel maker, yesterday said it is developing new automotive displays, targeting the fast-growing demand primarily from luxury cars.
Innolux said its 10.25-inch cluster displays for cars uses low-temperature-polysilicon (LTP) technology and said the product has exceeded customer’s requirements.
Innolux also develops a full-color head-up display (HUD) that projects driving information directly into the driver’s line of sight, and halves the time it takes for eyes to shift focus from the road to the instruments and back, the company said.
The 1.8-inch HUD has passed qualification tests by some European customers and Innolux said it expected the product to have significant revenue contribution within two years.
Last year, Innoux shipped 9 million units of automotive displays, which counts BMW and Mercedez-Benz as its top clients.
Shen Ta-yi (沈大逸), a director at Innolux, said the company focuses on developing automotive displays as the market is growing by a double-digit percentage each year.
Innolux held a 16 percent share of global automotive display market last year, trailing behind Sharp Corp and Japan Displays Co, market researcher NPD DisplaySearch’s data showed.
In the first quarter of this year, the company shipped 3.28 million units, bringing its market share to 22.2 percent, surpassing Sharp’s 19.9 percent.
HEAVY INVESTMENT: Moody’s affirmed the firm’s ‘Aa3’ rating with a ‘stable’ outlook due to its leading position in the industry and ability to match customer requirements Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue this year is expected to increase about 21 percent to NT$1.29 trillion (US$44.01 billion) from NT$1.07 trillion last year, driven by strong demand for advanced 5-nanometer and 7-nanometer chips mainly used in smartphones and high-performance computing devices, a Moody’s Investors Service report on Wednesday said. TSMC’s rate of revenue growth next year is to increase to 7.5 percent, the ratings agency said. The company, which supplies 5-nanometer chips for Apple Inc’s new iPad series, has introduced the advanced chips ahead of its competitors and gained a significant share of the market for the foundry industry’s
Shin Kong Financial Holding Co (新光金控) yesterday said that its insurance unit would adjust its investment portfolio after being banned from buying new stocks a day earlier by the Financial Supervisory Commission (FSC). “We will research what we can do based on the commission’s specific instructions after we receive the regulator’s formal documents,” Shin Kong Financial spokesman Sunny Hsu (徐順鋆) told the Taipei Times by telephone. The commission on Tuesday fined Shin Kong Life Insurance Co (新光人壽) NT$27.6 million (US$941,722) for reckless investment, and demanded that the insurer reduce its overseas investment ratio from 43 percent to 39 percent. The fine would affect
Taipei Times: When do you think the hospitality industry can return to how it was before the COVID-19 pandemic? How does Formosa International Hotels Group (FIH, 晶華酒店集團) fare this quarter and beyond? FIH chairman Steve Pan (潘思亮): The virus outbreak will have a serious impact on business travel, driven mainly by meetings, incentive travel, conferences and exhibitions over the past three decades. For the past six months, many businesspeople have grown used to exchanging information on the Internet, where more people can participate. The trend might sustain for three to five years until people are vaccinated and it is safe to
EQUITIES TAIEX moves sharply higher The TAIEX moved sharply higher yesterday as buying focused on Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) after a strong showing by its American Depositary Receipts overnight. However, the gains were capped after the benchmark index breached 13,000 points and ran into technical hurdles, prompting investors to turn cautious, dealers said. At the end of the session, the TAIEX was up 131.11 points, or 1.02 percent, at 12,976.76. Turnover was NT$206.328 billion (US$7.04 billion), with foreign institutional investors buying a net NT$18.47 billion in shares, Taiwan Stock Exchange data showed. TSMC rose 2.92 percent to close at NT$458.