PlayNitride starts to construct its 2nd microLED production line

Last month we reported that Taiwan-based microLED developer PlayNitride is planning to raise $50 million to establish its second microLED production line. According to Digitimes, the company secured the first part of the $50 million financing round, and is starting to construct the second production line.

PlayNitride hopes to start volume production in the new line by Q2 or Q3 2021. This new line will expand the company's microLED production capacity by 2 to 3 fold. Digitimes also updates that by the end of 2021, the company plans for an IPO at the Taiwan Stock Exchange.

Elan and Macroblock announce a strategic alliance to develop microLED and miniLED IC solutions

Digitimes reports that Touch screen IC designer Elan Microelectronics has formed a strategic alliance with LED driver IC developer Macroblock, to develop solutions for micro-LED and mini-LED displays.

As part of the alliance, Elan acquired a 7.87% stake in Macroblock. Elan's president says that the new alliance will focus on driver and touch controller ICs for microLED displays in wearable products, and miniLED drivers and TDDI ICs.

PlayNitride to raise $50 million to establish a second production line, first microLED wearabledisplays expected to ship in 2021

In July 2019 Taiwan-based microLED developer PlayNitride raised $50 million to start trial production of microLED displays. According to a new report from Taiwan, the company plans to raise an additional $50 million by the end of September 2020 to funds it second microLED production line.

PlayNitride high-brightness high-density passive-matrix wearable Micro-LED prototype (SID 2019)

PlayNitride started volume production at its first production line in 2019, for small wearable displays, and the first displays are now being "validated" by customers. Shipments are likely to begin next year.

CyberOptics reports strong traction in 3D microLED metrology equipment

High-precision 3D sensing developer CyberOptics Corporation announced its financial results for Q2 2020, with $16 million in sales and a net profit of $1.6 million. The company says it is enjoying a "first-mover status" in the microLED inspection and metrology market.

Cyberoptics SQ3000 photo

CyberOptics says that at the end of the quarter it received a $2.5 million order for SQ3000 Multi-Function systems for micro LED applications, and additional micro LED-related orders are anticipated during the second half of 2020.

Epistar and Lextar to merge, focus on miniLEDs and microLEDs for future growth

Epistar and Lextar announced plans to establish a joint holding company, effectively merging the two companies.

The plan is to delist both companies from Taiwan's stock exchange and list the new company by the end of October 2020. The two companies will continue to operate independently, but the holding company's main focus for its future revenue growth will be on mini LEDs and microLEDs products and technologies.

Apple, AUO and Epistar to establish a $334 million mini-LED and micro-LED production fab in Taiwan?

According to a report from Taiwan's Economic Daily news, a new mini-LED and micro-LED display factory is under planning in Taiwan's Hsinchu Science Park. The new fab is built by Apple (who will invest $334 million) in collaboration with AU Optronics and Epistar.

AUO 12.1'' Micro-LED display prototype (IFA 2018)

According to the report, the Science Park Administartion approved Apple, Auo and Epistar's plan on February 18. The new fab will act as an expansion of Apple's existing display center in Taiwan.

AR MicroLED contact lens developer Mojo Vision raises $51 million

AR developer Mojo Vision, announced that it has raised $51 million in its B-1 round. The company has raised more than $159 million to date. The fund was led by New Enterprise Associates, and several strategic VCs participated, including Dolby Family Ventures and Motorola Solutions Venture Capital.

Mojo Vision microLED contact lenses generations image (January 2020)

Mojo Vision, still in an R&D stage, develops micro-LED powered AR contact lenses. In June 2019, AR developer Mojo Vision announced that it developed a 14k sub-pixel PPI Micro-LED microdisplay, to power its upcoming AR platform.

Plessey signs deal with Facebook to dedicate all of its MicroLED operations to support Facebook's AR project

UK-based GaN-On-Si MicroLED microdisplay developer Plessey Semiconductor announced a partnership with Facebook - in fact Plessey will dedicated all of its manufacturing operations to support Facebook with its own product development.

 Plessey 0.3'' multi-color segmented microdisplay (CES 2020)

Plesssey says that its displays will be used to support Facebook's prototypes, and the company will develop new microLED technologies to future AR/VR applications.