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Google layout Micro LED, spent nearly one hundred million yuan injected into Sweden
Adddate:2017-09-09 09:21????Hits:

  It is reported that Google will become the resund region innovation company interested in a group. Swedish media Rapidus revealed that the technology giant, equivalent to SEK 120 million injection of independent Core Company from the Swedish Lund University nanotechnology Glo.

Glo has developed a method for producing nanotube LEDs by controlling growth on a silicon substrate. From the past to the lighting industry, Glo has invested all of its resources in display technologies such as mobile phones, tablet PCs and VR (virtual reality) glasses.
Glo is working with existing display and electronics manufacturers, and, according to the latest annual report, the first commercial display of Glo technology will be launched in the second half of 2018.
In recent years, Micro LED (micro light emitting diode) is a hot topic, many manufacturers as can subvert the market blue ocean killer technology, major or start-up companies are competing in this area, in the relevant technology patent in 2013 began the rapid surge.
If you want to use a simple word that Micro LED, its volume is about LED one percent, size and pixel spacing are reduced to micron level.
Especially for watches and VR glasses, small diodes are needed to reduce the size of the pixels, so high resolution can be provided even on very small screens.
When VR lenses are 100 microns in size, people tend to feel sick after wearing them. Lars Samuelson, director of the Rapidus board of directors and Market Research Director, said the VR glasses need to be below 10 microns in pixels.
Now, Google seems to want to go on the same track. Lars Samuelson of Glo's financial situation did not want to comment, but Rapidus has noticed the Glo documents show, buy all the stock right through the release directly to Google this summer, Glo received $15 million (RMB 99 million 240 thousand). The deal enabled Google group to hold more than 13百分比 of the research firm at the forefront of the institute.
Google's injection has only just begun. If all goes well, the injection of Glo will grow to three times in the near future.
In its most recent annual report, management wrote that Glo would total $45 million, equivalent to SEK 360 million (about $288 million). Some of the payments will be made in about a year. "The injection will take place when the company achieves some common recognition milestones," he said". In addition to Google, Rapidus did not raise money to participate in the operation.
Before that, Glo had introduced a formidable investment force. Is the largest investor in Wellington partners in London, in the Google capital, with nearly 19百分比 of the shares; followed by the Wallenberg family holding fund Asset Management Co and Norway nano Futures Investment Company.
Over the past few years, including Google's funds have invested Glo more than 1 billion 200 million U.S. dollars (equivalent to about 7 billion 940 million yuan).

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