Samsung in talks to sell Liquavista to Amazon - report

Friday 22 March 2013 | 10:04 CET | News
Samsung is in talks with Amazon about the sale of its Dutch subsidiary Liquavista, which specialises in electrowetting displays for e-readers, a person familiar with the matter told Bloomberg. Samsung is seeking less than USD 100 million for the unit it acquired in 2011, the person said, adding that Samsung was looking to sell Liquavista because it did not meet its expectations. The e-reader market is shrinking. Market researcher IHS expects sales to decline by 27 percent to EUR 10.9 million units this year and to fall to 7.1 million units in 2016. Amazon dominates the e-reader market with

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Categories: Mobile & Wireless
Companies: Amazon / Liquavista / Samsung
Countries: Netherlands / World
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