Apple has acquired LuxVue Technology, a company that develops low-power, microLED-based display technology for consumer tech products, according to a report from TechCrunch.
LuxVue had managed to remain fairly quiet over the past few years, and what we know is that the company develops low-power, micro-LED-based displays for consumer electronics. We’ve heard Apple acquired the company to add to their hardware innovations area.
The complications behind creating a small screen for something like an iWatch are immense, but Apple has bought the company it may need to make it all possible. TechCrunch adds that it’s “heard Apple acquired the company to add to their hardware innovations area.” There’s also potential for the tech to be applied to future iPhone and iPad models as well.
LuxVue Technology, previously known as Papierlos Corporation, was founded in 2009 and has been in the news a few times throughout raising $43 million in funding from Kleiner Perkins and others, but has for the most part remained quiet while developing its next-generation micro-LED technology.
The company hasn’t shared many details about what it’s working on, but it has a number of patents for its low-power micro-LED technology that could potentially offer better battery life while retaining screen brightness compared to traditional display technologies like OLED. Google Glass uses OLED for its tiny heads-up display, but there has been talk of microLEDs being used in the headset’s next-gen version.
Parts for the iWatch have already started being produced in the supply chain, according to sources overseas. The device is expected to ship this fall, and rumors surrounding Healthbook in iOS 8 suggest that it will have a focus on health and fitness.
Apple has confirmed the purchase with its usual boilerplate statement to TechCrunch:
“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”
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