Taiwan-based IC developer Raydium Semiconductor announced its financial results for Q2 2026, with revenues of $211.8 million, up 25.4% from last quarter.  Net profit was $10.7 million, as the company's margins decreased due to significant increases in wafer foundry and packaging/testing costs.

During the conference call, Raydium revealed that it is developing a microLED TDDI driver, and its verification is nearing its end, as Raydium hopes to begin mass production by year-end.

UK-based Cubic GaN microLED developers Kubos Semiconductors announced that it has raised $2.1 million, to accelerate the development of its cubic-phase GaN platform. 

Kubos has raised over $8 million US to date, and the company says that the new round will enable it to enter the microLED market within 3 years, through IP licensing of its technology. 

MicroLED Connect 2026 is set to be the industry's premier event for microLED and next-generation display technologies, taking place on 16-17 September 2026 at the High Tech Campus in Eindhoven, The Netherlands, with a world-class agenda, exhibition and networking opportunities. The event spans three co-located tracks - MicroLED, AR/VR and Optical I/O - covering everything from microLED manufacturing and displays to AR/VR optics and optical interconnects for AI infrastructure.

Here we will introduce some of the speakers and themes from the Optical I/O track, a unique forum bringing together the display, semiconductor and AI industries to address one of the defining challenges of the AI era: the interconnect bottleneck. You can explore the full agenda and event details here.

ams Osram posted its financial results for Q2 2026, with 805 million Euro in revenues, up slightly from last year. The company says it continues to evolve to a more focused photonics company.

As part of its update, ams Osram says that microLED microdisplay light engines for AR applications continued to achieve key development milestones. The company says that its microLED AR technology validates its performance leadership and is advancing step-by-step towards mass-production readiness. According to our report from October 2026, ams Osram is collaborating with Meta towards microLED microdisplays.

Polar Light Technologies announced that it has produced its first MicroLEDs via its Pilot Line at VTT Technical Research Centre Finland. The company says that its process flow transfer from the laboratory to the VTT pilot line is ahead of schedule - "demonstrating the advantages of pyramidal MicroLEDs and selected area growth".

The next step for PLT is to focus on homogeneity, yield and the integration of the MicroLEDs to a CMOS backplane. The company's goal is to produce a complete microLED microdisplay in the pilot line, and towards that it will develop bonding and integration of the MicroLEDs frontplane onto the CMOS backplane.

Aixtron reported its financial results for Q2 2026, with revenues of 214.5 million Euro, up 81% from last year, saying that it sees very strong demand for optoelectronic systems, mainly for last systems.

Demand for the company's microLED end markets, though, remained soft.

Today we published a new edition of our Transparent MicroLED and OLED Market Report, with all the latest information and updates from this interesting upcoming industry and market, including the new technologies, prototypes and displays recently unveiled by microLED developers.

Reading this report, you'll learn all about:

• Transparent OLED and MicroLED properties and advantages
• The transparent OLED and MicroLED industry
• What kind of transparent OLEDs are currently on the market
• The transparent OLED lighting market

The report package also provides:

• Transparent OLED display product listing
• A guide into buying transparent OLEDs
• The main challenges towards transparent displays
• Free updates for a year

This transparent displays market report provides a great introduction to transparent OLED and MicroLED technologies and covers everything you need to know about the market and industry now and in the future. This is a great guide for anyone who's thinking about adopting transparent displays in their products or that wants to understand this industry and market throughout.

US-based microLED optical I/O developer and MicroLED Industry Association member Palomino Laboratories announced that it has shipped its first microLED light engine prototypes to its first hyperscaler customer. Palomino says that this customer completed its evaluation and provided Palomino test measurement results. The company says that the tested bandwidth actually exceeded its initial design targets.

Palomino Labs says it is on-track to sample its 2nd generation microLED technology by end of September 2026, with improved bandwidth performance to multiple customers. The company also expects to receive its first development contract from a strategic AI customer by the end of the year.

In September 2025 Garmin launched its Fenix 8 Pro MicroLED smartwatch, the world's first with a microLED display. The panel is a 1.4" 454x454 round display that offers a brightness of 4,500 nits, produced by AUO. 

Yesterday Samsung launched its flagship smartwatch for 2026, the Galaxy Watch Ultra2 - with a circular 1.52" 498x498 OLED that reaches 5,000 nits of peak brightness. This is the world's brightest wearable display, surpassing AUO's 4,500 microLED. This shows how OLEDs have room to improve and will make it very challenging for microLED to introduce improved performance.

Halliday launched its second generation microLED-powered AR glasses, the G2. The G2 is based on dual 600x300 1600 nits microLED microdisplays (likely produced by JBD, but not confirmed yet). The G2 do not have a camera (to improve on privacy concerns, and reduce weight), but do include four microphones and offer a battery life of over 12 hours.

The G2 glasses enables AI features such as real-time translation, research lookups, captioning, and more. It is available for pre-order today, with a $599 retail price. It will start shipping in September 2026.