According to reports from Taiwan, PlayNitride is planning to IPO in 2022. PlayNitride started to sample micro-LED at the end of 2017, and in 2018 PlayNitride demonstrated its first Micro-LED prototypes. PlayNitride has a pilot production facility at Hsinchu Science Park. In 2020 PlayNitride started constructing a second production line that will start mass producing in H2 2021.
The company is also showcasing new microLED displays at Opto Taiwan 2021, which started today. The most interesting display is a 1.58" 256x256 Passive Matrix display. The company collaborated with Solomon Systech to develop the IC for this display. PlayNitride says that this display could be commercialization in 2022. PlayNitride have demonstrated PM-MicroLED displays before, together with RiTDisplay.
PlayNitride is also showing a 11.6" automotive microLED display, developed in cooperation with Tianma Micro-electronics (which have already announced this display a few days ago).