Samsung Drops RealD Deal
A deal announced earlier this year between Samsung and RealD to produce products using RealD passive-glasses technology has fallen through, RealD announced in its earnings statement Thursday.
"RealD has recently learned that Samsung's initiative to manufacture panels under the RealD license agreement is not being pursued at this time," RealD announced in a statement accompanying its quarterly earnings results. "As a result, RealD is now pursuing other potential partners for its 3D display technology among consumer electronics panel manufacturers."
According to Engadget, RealD's CEO told reporters that Samsung, due to a recent management change, elected not to continue with the project.