Bloomberg News

Google Buys Wearable Technology Patents From Taiwan’s Hon Hai

August 23, 2013

Google Inc. (GOOG:US), which is testing Web-enabled eyeglasses, bought patents for wearable technology used in gaming and training simulations from Hon Hai Precision Industry Co., a primary assembler for Apple Inc.

The head-mounted display technology consists of a computer-generated image that is superimposed on a real-world view, Taipei-based Hon Hai said in an e-mailed statement today. Financial terms weren’t disclosed.

Google has been amassing technology for its Glass device from Taiwanese companies, agreeing to invest in Himax Technologies Inc. (HIMX:US) on July 22. The eyeglasses can take pictures and videos and share information via the Internet.

“This deal may allow the company to leverage Google’s content strength and seek manufacturing contracts from the U.S. firm on wearable-computing devices,” Edward Chen, a research analyst at Taipei-based First Capital Management Inc., said by phone today.

Hon Hai doesn’t know if Google will use the display technology for Google Glass, Laura Liu, a spokeswoman for Hon Hai, said by phone today.

Terry Gou, chairman of Hon Hai Group, said reports the company will assemble Glass for Google were speculative, Economic Daily News reported July 23.

Hon Hai assembles iPhones and iPads, and the company is hiring as many as 90,000 workers in the Chinese cities of Shenzhen and Zhengzhou to meet client demand in the fourth quarter, Liu said earlier today. Liu declined to name the clients.

Taj Meadows, a Singapore-based spokesman for Google, said in an e-mail he didn’t immediately have any information available on Hon Hai’s announcement.

To contact the reporters on this story: Chinmei Sung in Taipei at csung4@bloomberg.net; Adela Lin in Taipei at alin95@bloomberg.net

To contact the editor responsible for this story: Michael Tighe at mtighe4@bloomberg.net


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Companies Mentioned

  • GOOG
    (Google Inc)
    • $569.2 USD
    • -1.80
    • -0.32%
  • HIMX
    (Himax Technologies Inc)
    • $8.19 USD
    • 0.07
    • 0.85%
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