Himax Displays says it will use the investment to fund production of Liquid Crystal on Silicon chips, which are used to display images onto head mounted devices, head-up displays and pico projectors. Jay Srivatsa, managing director of equity research at Chardan Capital Markets, says that the investment works out to about $20 million or $40 million.
Google is expected to make Google Glass more widely available later this year, and as a result, needs to be able to procure from a reliable source a large quantity of glass. With this investment, Google now has secured itself one of the more important parts it needs to make the wearable device.
source: Reuters via AndroidAuthority