Google Takes Stake in Glass Supplier

Google (GOOG) has taken a stake in semiconductor maker Himax Technologies, which creates the silicon chips and modules used in the search engine giant's Glass.

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The Menlo Park, Calif. company invested in a subsidiary of the Taiwanese company (Himax Display) in the clearest signal yet that Google plans to ramp up production of its wearable computers. Google now owns 6.3% of Himax Display.

TechCrunch was one of the first to notice the news.

The purchase is a sign Google is betting on wearable computing. A move banks would be smart to pay attention to.

Just like smartphones, if the technology takes off, Glass could become a new channel in which banks can interact with their customers.


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