The U.S. company agreed to invest the amount in 2011 in a plant making screens using its Mirasol technology, the ministry said in a statement posted on its website, without giving more details. A phone call to the office of Adrian Fu, a Hong Kong- based spokesman for Qualcomm, seeking comment went unanswered.
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Qualcomm Chairman and Chief Executive Officer Paul Jacobs has said that the potential overall market for displays similar to Qualcomm’s Mirasol screens would be worth about $11 billion in annual sales. Jacobs said in September that Qualcomm plans to sharply cut the price of its Mirasol technology and to develop a bigger market.
Qualcomm to build $1 billion Mirasol plant in Taiwan
Posted on Monday, January 03 2011 @ 21:14 CET by Thomas De Maesschalck