Qualcomm will apparently invest $2 billion into a factory that will produce 5.7 inch Mirasol displays starting from 2012, according to Digitimes and their sources. The factory is found in the Central Taiwan Science Park and in case you’re not familiar with Mirasol, know that the screen technology borrows the property of both LCD and E-ink screens.

Energy consumption is very low, even less than E-ink and there’s no backlighting involved, as far as we know. No glare will bother you and color reproduction will be supported as well as 30fps video. While LG and Sony are working on flexible displays and color E-ink screens, Mirasol might prove to be a worthy rival, but 2012 is a long way to go.

[via IntoMobile]