Light enters from the outside through two layers of special fluids, then it bounces back from a layer of reflective electrodes, and the photons hit your eyeball with the brightness and the colors to create images of text, pictures or video. The only power needed is a small charge that makes the fluid layers move as intended.
Sounds complicated, but for the consumers that means a screen with the power consumption of an eReader that stays bright in direct sunlight, and can show color video, when the pixels are slimmed down further.
The cherry on the cake is that the said technology can be applied in existing LCD factories, without having to swap equipment. Bring it on, we'd say, most other solutions sound way too expensive for mass consumption.