Google buys stake in VC-backed Taiwan glass supplier
Google has taken a 6.3% stake in Himax Display, a subsidiary of Taiwanese company Himax Technologies, which manufactures liquid crystal silicon (LCOS) chips used in Google Glass and other products. The company also counts KPCB Holdings, Khosla Ventures and Intel Capital among its investors.
An option to buy more shares could eventually see Google's holding increase to 14.8% in a year, according to a statement. The capital will be used to support production upgrades, expand capacity and further...