Qualcomm to Invest $1 Billion in Taiwan Display Plant

MirasolTaiwan’s Ministry of Economic affairs announced that Qualcomm, Inc. has decided to invest $1Billion in 2011 to build a plant in Taiwan. The factory will manufacture computer screens using the Mirasol technology. There were very few details given and by Qualcomm’s representative, Mr. Adrian Fu was unavailable for questions.

These displays are excellent for electronic book readers, due to their low power usage. The total market for Marisol type displays is approximately annual sales of $11 Billion, according to Qualcomm Chairman and CEO, Paul Jacobs.