Finally ... A pricing solution for The Frugal ESL. Pity, there's years & years & years of blighted hope between it and reality.
Plastic microchips on UK drawing board - report
LONDON, Nov 27 (Reuters) - British scientists have secured funding to develop a new ultra-cheap microchip made from plastic which could make even the most humble daily items ``intelligent'', The Financial Times said on Monday.
The Cambridge University team has persuaded U.S. chemicals giant Dow Chemical Co (NYSE:DOW - news) to help fund the project and hope to demonstrate prototypes by next summer, the newspaper said.
Venture capital firm Amadeus Capital Partners is also a shareholder in Plastic Logic, the company set up to commercialise the technology,
The Financial Times said the cheap plastic chip could be included in labels for supermarket goods that radioed their prices to scanners without being removed from the basket.
It said Plastic Logic was one of several firms interested in developing such chips. The others included Lucent Technologies (NYSE:LU - news), IBM (NYSE:IBM - news), DuPont (NYSE:DD - news), Xerox (NYSE:XRX - news), Mitsubishi , Hitachi , Philips and Hoechst (quote from Yahoo! UK & Ireland: HOEG.F).
But Plastic Logic's rivals had mainly confined themselves to research and had not unveiled commercial plans, it added.
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