Update on Field Emission Technology acquisition by AU Optronics

It seems that FED TV and field emission display monitors may be on the way from AU Optronics.

“According to the deal, AU Optronics will acquire certain assets that include patents, know-how, inventions, and relevant equipment related to field emission displays or FED, technology and materials from Tokyo, Japan-based FET, which is owned 39.8% by Sony Corp. (SNE)

AU Optronics’s Chief Executive Officer and President, L. J. Chen, said, “With its successful cooperation with FET, AUO intends to utilize FET’s resources of FED technology to commercialize products, which will hopefully benefit our customers and end consumers.”

FED is a new type of flat-panel display that has self light-emitting capacity and has great contrast and low power consumption, with no motion blur and deeper color depth capable of 12bit gray level.”

More on this exciting story at: rttnews.com

FED TV assets acquired by AU Optronics

FED TV news at last:

(RTTNews) –  Wednesday, AU Optronics Corp. (AUO: News ) said it has entered into an agreement with Field Emission Technologies or FET and FET Japan, Inc. or FETJ, to purchase certain assets and to transfer certain technology from FET, a leader in FED or field emission displays technology whose 39.8% of shareholding is owned by Sony Corporation. In the transaction, AUO said it will acquire certain assets that include patents, know-how, inventions, and relevant equipment related to FED technology and materials.

It will be very interesting to see what AU Optronics does with the technology from FET. Stand by for more news.

Full story at: rttnews.com