Investment – Page 25 – Display Daily

HTC Establishes VC Fund for VR Investment – Spins off VR

by Tom Allen

Credit: Mobile World LiveHTC has continued its commitment to virtual reality, announced the formation of a venture capital investment fund at Mobile World Congress Shanghai. The news comes just one month after we reported …

Tags:HTC| Investment| Mobile Display Monitor| Virtual Reality| Vol 23 - Issue 25

Nikkei: Samsung Will Raise OLED Production by 50%

by Tom Allen

The Nikkei newspaper claims that Samsung will invest about KRW8 trillion ($6.8 billion) to boost OLED panel production this year. The move will raise capacity by about 50%, or 200 million smartphone panels, at …

Tags:AMOLED| Investment| Mobile Display Monitor| Samsung Display| Vol 23 - Issue 24

Lumus Raises $15 Million

by Tom Allen

Near-to-eye display developer Lumus has raised $15 million in funding. The money mainly came from China’s Shanda Group and Crystal-Optech. Lumus will use the investment to scale up its production for the consumer AR, …

Tags:Investment| Mobile Display Monitor| Vol 23 - Issue 23

Atheer Brings AiR Suite for Enterprise to Osterhout Design Group’s R-7 Smartglasses

by Isaac Oburu

Atheer, pioneer of the AiR™ Computing Platform (Augmented Interactive Reality™) for Augmented Reality and smartglasses, has announced its’ collaboration with Osterhout Design Group (ODG), a leading smartglass designer and manufacturer. ODG’s R-7 smartglasses will …

Tags:Augmented Reality| Collaboration| Investment| SmartGlasses

TfL Continues iPad Investment

by Tom Allen

Since late 2015, we have known that Transport for London (TfL) would be issuing all station staff with iPad Minis. It is the latest in a series of moves to cope with the rising …

Kateeva Closes Series-E With Chinese Investment

by Tom Allen

OLED-Info says that Kateeva has closed a Series-E funding round, having raised $88 million. The new investors are all from China, and nclude BOE Display and TCL Capital. These funds will be used to …

Tags:Investment| Kateeva| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 21

ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor

by Isaac Oburu

ON Semiconductor Corporation (“ON Semiconductor”) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (“Fairchild”) for $20.00 per …

Tags:Investment| Semiconductors

TSMC Approves Capacity Expansion Investment

by Tom Allen

The board of TSMC has approved capital appropriations of approximately $4.1 billion, to expand capacity. The money will be used to install and expand ‘advanced technology capacity’, as well as to convert certain logic …

LGD Commits to Raising Flexible Capacity

by Tom Allen

LG Display has said that it will invest KRW450 billion ($391.4 million) to build production capacity for flexible OLED displays and lighting panels in South Korea. KRW310 billion ($270 million) will go towards increasing …

HTC Signals Future is in VR

by Tom Allen

HTC has led the creation of a fund for virtual reality startup firms, called Vive X. The $100 million fund – established with unnamed partners – will help new companies bring their products to …

Tags:HTC| Investment| Mobile Display Monitor| Virtual Reality| Vol 23 - Issue 17

Sharp Releases More Information

by Bob Raikes

We caught up with Sid Stanley, General Manager, Europe – Visual Solutions, of Sharp to get an update on the Sharp/Foxconn deal. Stanley, who is always very upbeat about the business, was positive about …

Gartner Lowers IT Spending Forecast

by Tom Allen

Worldwide spending on IT devices and services will fall 0.5% YoY in 2016, says Gartner, to reach a total of $3.49 trillion (from $3.5 trillion). The new forecast is a revision from the previous …