Makarand writes "Nature has posted an article describing paper capable of displaying video using rearrangeable electronic ink, being produced by Philips Research Labs (in the Netherlands). The paper-display draws power from a lightweight battery, and displays data stored in a portable chip. The display consists of pixels containing a drop of colored ink that can spread over a reflective white background under electrical control to create colors. With fast switching times and lower switching voltages, these paper-displays are capable of displaying video images."
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