January 8, 2004 – Intel Corp. has developed new technology aimed at creating chips for large-screen TVs, and plans to invest $200 million for development of technologies for the “digital home.”
The technology, code-named “Cayley,” uses liquid-crystal-on-silicon; it places a layer of liquid crystal between a cover glass and mirrored surface on top of a silicon chip. Several of these layers form microdisplays that produce images on large-screen, rear-projection TVs. Intel plans delivery of the new technology by 2H04, with several companies in the US, Taiwan, and China already developing products based on it.
Also, the company said it will invest $200 million fund in companies developing technologies for the “digital home,” including hardware and software for personal computing, consumer electronics, and networking technologies. The funds, to be managed by Intel Capital, follow similar investments already made in several companies including BridgeCo, Entropic, and Musicmatch, which are working on technologies for home use.