Taiwan-based MicroLED developer PlayNitride announced that it has agreed to acquire US-based Lumiode for $2 million in cash. Upon completion, Lumiode Inc. will become a wholly owned subsidiary of PlayNitride.
Lumiode's technology enables the deposition of an active matrix backplane directly on the LED structure. In 2019 we posted an article explaining Lumiode's unique technology.
In 2024 it was reported that US-based signage leader STRATACACHE signed a strategic research and IP licensing agreement with Lumiode that will enable STRATACACHE to integrate Lumiode's technology in its upcoming E4 microLED production line in Eugene, Oregon.
PlayNitride is building a complete supply chain for microLED production, from epiwafer production through chip processing, transfer process and more. In 2023 AUO announced a $21.5 million agreement with PlayNitride to build a 6-inch microLED production line at AUO's Longtan factory. Earlier in 2023, PlayNitride said that it is increasing its production volume to 10,000 6" wafers per month.
PlayNitride is developing a wide range of displays: tiled large-area displays (PixeLED Matrix), wearable panels, microdisplays, transparent displays, and more. In 2022, PlayNitride started to sample microLED panels for over 5 potential automotive customers.
