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Google Invests In Google Glass Supplier



1:33 pm on Jul 22, 2013 (gmt 0)

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Shares of semiconductor maker Himax Technologies are jumping in pre-market trading with the news that Google has taken a 6.3% stake in Himax Display (HDI). HDI is a subsidiary of the Taiwanese company that focuses on liquid crystal on silicon (LCOS) chips and modules, which are used in Google Glass and other products. HDI also counts Kleiner Perkins, Khosla Ventures and Intel as investors.

Google’s stake is a sign that Glass production is ramping up: the company says that the invesmtment is being made to “fund production upgrades, expand capacity and further enhance production capabilities.”Google Invests In Google Glass Supplier [techcrunch.com]

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