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Samsung reportedly in talks to sell eReader display panel unit to Amazon

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Samsung Liquivista Sale Amazon
Samsung (005930) is the world's largest flat display panel maker and two years ago, the company extended its reach with the acquisition of Netherlands-based Liquavista. The Dutch company manufactures display panels that utilize electrowetting technology and are commonly used in eReaders. As eReader popularity continues to decline, however, Bloomberg reports that Samsung already wants out and is in talks to sell Liquavista to Amazon (AMZN). Details of the negotiations were not reported, but Bloomberg claims Samsung paid less than $100 million when it purchased Liquavista two years ago.-Bes4oY0MY8

 

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