HSINCHU, Taiwan--(BUSINESS WIRE)--E Ink® Holdings, "E Ink" (8069.TW), a worldwide technology leader and innovator in electronic paper displays and FFS LCD technologies today announced that its Korean subsidiary Hydis Technologies (“Hydis”), has signed a cross-licensing agreement for TFT LCD products with Innolux Corporation (INX, 3481 TT) of Taiwan.
Under terms of this agreement, both companies are able to use each other’s patents for the manufacture of LCDs. In addition, the two companies have agreed to increase commercial cooperation to expand FFS technology into new markets.
E Ink and its subsidiary Hydis are committed to the research, development, manufacturing and marketing of ePaper and LCD displays. With the advantages of energy-saving, high-contrast ratio, and high-resolution, the FFS LCD technology has been widely used in high-end devices, including smart phones and tablets. Notebook computers and television are potential applications in the future. E Ink believes that this cooperation with a display industry leader like INX, will expand the market and applications for its FFS technology based LCD products.
“The agreement with INX is a tremendous endorsement for our FFS LCD technology,” stated Johnson Lee, Chairman of Hydis Technologies. “Cross licensing agreements allow us to share patents while preserving intellectual property rights.”
"We are very excited about expanding the market and this collaboration with E Ink. E Ink has been a long-term business partner to Innolux and this cross licensing agreement has enabled both companies to reach a win-win outcome,” said Dr. WJ Sah, CTO of Innolux Corporation. Access to Hydis' FFS LCD technology will allow INX to supply high end products to some of the world's leading brands.
E Ink/Hydis has previously licensed FFS technology to several prominent display manufacturers who are already deploying this technology into tablets, mobile phones and other applications. The company will continue to proactively seek licensing agreements with world-class display companies that wish to use the FFS technology in the next generation of electronic devices.
About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. (8069.TW) is the pioneer of TFT and ePaper business in Taiwan. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs and its 2009 acquisition of E Ink Corporation, the worldwide leader in ePaper. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink Holdings is now the world's largest supplier of displays to the eReader market. For corporate information, please visit www.einkgroup.com; for EPD information, please visit www.eink.com / tw.eink.com; and for FFS information, please visit www.hydis.com.
About Innolux Corporation
Innolux Corporation (formerly Chimei Innolux Corporation, renamed in November 2012) is one of the world leading TFT-LCD total solution manufacturers, having strong presence in both large-size panels and small & medium size products. The company offers a comprehensive range of products including LCD panels with touch function (Desktop monitor, notebook, tablet PC and smartphone), special-application panels (industrial applications, automotive, avionics, and medical applications), and LCD TV. As a world’s top panel supplier, Innolux provides the most complete and flexible production lines: twelve TFT-LCD fabs and three touch sensor fabs located in Jhunan and Tainan in Taiwan; along with extensive assembly facilities in China, including in Nanjing, Nanhai, Ningbo and Shanghai. Innolux Corporation (3481 TT) is listed on the Taiwan Stock Exchange (TWSE). The company’s 2012 combined revenues reached US$ 16.2 billion (NT$ 480.9 billion). For more information, please visit www.innolux.com
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