Apple Bought Micro LED Screen Maker LuxeVue Technology

Apple is a good friend of new technology startups and when it comes to support them and make them more financially strong, Apple is always forward. Small technology companies are Apple's favorite. Today we have one more news about Apple's secret plan and according to various sources, Apple has acquired one more small company named , " LuxeVue Technology" which is a silicon valley member and famous for making micro LED screens. Re/code wrote that Apple has confirmed about the acquisition but has not given much details about why iPhone maker is interested in LuxeVue Technology.

Apple Spokesperson told Re/code, " Apple buys smaller technology companies from time to time, and we do not discuss our purpose or plans". According to TechCrunch, sources told the site that apple bought the LuxeVue company to beef up its device and company might use the micro LED screens in their upcoming mobile devices. Apple upcoming iWatch might also debut this technology. These micro LED screen saves lot of energy and if Apple motive is to use this technology in their mobile device, it will cure all the battery problems.

CEO Tim Cook noted in the last month's earning conference call about company stats on buying startups and told that, Apple has bought 24 companies in the last 18 months and looking forward to explore creative technology companies.