Lenovo, a Fortune (Global) 500 Company and a global leader in mobile devices, and CLEARink Displays, a leader in next generation ePaper, announced today that Lenovo has invested in CLEARink. The two companies have commenced joint development activities to develop the next generation of tablet devices. Lenovo has also joined CLEARink's board of directors. For more information see the IDTechEx report on OLED Display Forecasts and Technologies 2019-2029.
Lenovo is one of the top few tech companies in providing innovative consumer, commercial and enterprise technology. Lenovo Capital, an investment unit of Lenovo, is ramping up efforts in exploring and accelerating startup companies utilizing Lenovo's global resources. CLEARink is developing the world's first color and video capable ePaper 2.0 displays aimed at various market applications.
"We mainly invest in core technologies, and smart internet is our focus area, which is why we have invested in CLEARink to revolutionize the way information is consumed," said George He, Head of Lenovo Capital and SVP at Lenovo. "This solution will not only enhance the reading experience in settings where LCDs are not a good fit, it will also have eye health benefits and have a lasting impact on the environment by saving millions of trees every single year."
CLEARink's ePaper 2.0 technology will solve the problems caused by traditional display technologies, which aren't well suited for use in daylight. CLEARink's technology offers a very low power, sunlight readable, color/internet ready technology that the market has been waiting for.
"When one of the world's largest providers of tablet solutions endorses our technology by providing us both capital as well as a channel to bring our products to market, it is a huge impetus for our team to deliver a revolutionary display product," said Frank Christiaens, CEO & Chairman, CLEARink Displays. "We couldn't have asked for a better company to collaborate with than Lenovo."
Source and top image: CLEARink