Taiwanese LCD manufacturer AU Optronics (AUO) today announced that it had reached a patent cross-licensing agreement with E-Ink and its Korean subsidiary Hydis.
The ten-year deal largely centers around LCD technologies, including Fringe Field Switching (FFS). AUO and E-Ink claimed in a statement that the agreement will âsharpen their competitive edgeâ in the industry.
This isnât the first such deal for AUO, a key display manufacturer for smartphones and tablets. In January, AUO and rival Samsung settled a lawsuit andÂ agreed to cross-licenseÂ their respective LCD patents.
E-Ink, which started as a spin-off of MITâs Media Lab, has been successful in getting its technology into e-readers, such as the Amazon Kindle. CMO Sriram Peruvemba told The Next Web back in August that the company is working on larger displays, flexible technology and improved color options.