According to reports from Japan, AUO is thinking about closing down its 4.5-Gen AMOLED production line in Singapore, as the company is shifting its focus on microLED display technologies.
AUO's first target it to start producing wearable microLED displays. It has reportedly signed a deal with Tag Heuer to supply it with smartwatch displays. In April 2023 AUO 'launched' its wearable microLED display, and it seems it is ready to begin small scale production. It will take time for AUO to expand production, as the path towards low-cost and mass-production of microLED displays (even for applications such as smartwatches) it not clear yet.
AUO also hopes to start commercializing automotive microLEDs, but this will likely take several years to achieve. More info on AUO's plans and technology can be found here.