PlayNitride - Page 2

PlayNitride teamed up with Realfiction Holding to develop a microLED-based 3D display, powered by Realfiction’s Directional Pixel Technology. PlayNitride exhibition this 9-inch microLED display at Touch Taiwan 2025.

Realfiction's technology is a spatial light modulator, that enables immersive multi-view, glasses-free 3D displays. It can work with any display technology, including MicroLED, OLED, LCD, and LED. MicroLEDs have the advantage of high brightness, which is highly useful for Realfictions' technology.

Taiwan-based MicroLED developer PlayNitride announced that its financial results for 2024. The company's sales were 1.76 billion NTD ($53 million USD), up 86% from 2023 (943 million NTD, or $28.6 million USD). It's net income in 2024 was 60.1 million NTD ($1.8 milion USD), up from a loss of 512.8 million NTD in 2023.

PlayNitride also announced that it has secured 800 million NTD ($24.3 million USD) in a new secured convertible bond private placement. This follows a similar 800 million NTD bond issue it has announced towards the end of 2024.

Veeco announced that PlayNitride has evaluated its Luina MOCVD systems for microLED growth, and has now qualified it for production. PlayNitride placed an order for two systems that will be delivered in 2025

PlayNitride is building a complete supply chain for microLED production, from epiwafer production through chip processing, transfer process and more. Last year 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 reported its earning results for Q3 2024 - with an increase in revenues to $16.1 million USD (up 49% from Q3 2023). The company reported its first net income, of $1.8 million (up from a loss of $2.7 million in Q3 2023).  For the first nine months of 2024, PlayNitride reported revenues of $32.5 million USD, up from $21.5 million in the first nine months of 2023.

PlayNitride also approved a bond issue, raising $24.6 million USD. The company's stock price has risen shapely in recent months. 

AU Optronics announced an agreement with PlayNitride, to build a 6-inch microLED production line at AUO's Longtan factory. AUO will pay PlayNitride NT$700 million (around $21.5 million USD) for this new line.

AUO says that the new line will utilize PlayNitride's Chip-on-Carrier (COC) technology, that produces the microLEDs on temporary substrates ready for the transfer process. This will enable AUO to more easily realize the production of display panels based on these microLEDs. AUO says that this new line will also enable it to reduce microLED production costs. 

The W Hotel in Taipei has an old Philips OLED installation (called You Fade to Light, designed by rAndom International creative studio). This beautiful piece consists of 2,000 modules, each lighting up as a response to people moving in front of it.

Due to the limited lifetime of the OLED devices, after years of use the installation started to fail and fade (which is rather ironic, given its name). PlayNitride collaborated with the hotel to replace the OLED panels with microLED powered panels. Each single module included over 14,000 microLEDs, and in total there was over 30 million microLEDs - 20% more than the number of microLEDs in a 4K display.

Taiwan-based MicroLED developer PlayNitride says that it is increasing its production volume, and by the end of the year it will produce 10,000 6" wafers per month (that's up from about 2,000 wafers per month last year). 

PlayNitride is developing a wide range of displays: tiled large-area displays (PixeLED Matrix), wearable panels, microdisplays, transparent displays, and more.

Taiwan-based MicroLED developer PlayNitride (a MicroLED Industry Association member) has demonstrated its latest microLED displays at Display Week 2023.

First up we have the company's tiled large-area microLED displays, called PixeLED Matrix. The company showed a 166" vertical installation, that is made from 324 modules. The total resolution is 1440x4860 (30 PPI, or a pixel pitch of 0.833 mm). This was a very nice looking demonstration.

AU Optronics released some very interesting information as the company gets ready to showcase its latest microLED displays and technologies at Touch Taiwan 2023.

So first of all, AUO announced that it has finalized the development of its wearable microLED display, and the company is now launching the 1.39" round smartwatch display commercially. AUO demonstrated the wearable microLED display back in 2021 - a 1.39-inch 472x472 full-circle panel, that was developed together with PlayNitride. It's not clear when AUO actually plans to start selling this display to its customers, and what will be its production capacity.

Towards the end of 2020, Samsung announced it's first "consumer" MicroLED TVs that adopt small microLED chips (this followed its professional/commercial TVs that used larger chips and are already in production for several years). These smaller TVs were scrapped later in 2021, and then Samsung further delayed its plans in April 2022 and did so again in June 2022, due to technical issues.

According to the latest report from Korea, Samsung finally started to produce 89-inch LTPS microLED TVs. Its larger 101-inch and 114-inch models, however, are still not in production.