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.
Samsung reportedly in talks to sell eReader display panel unit to Amazon
Published Mar 23rd, 2013 12:00AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
