Korea-based test equipment maker Youngwoo DSP announced that it was chosen to lead a new Government-funded project to develop ultra-small microLED package technology (likely this refers to a LED transfer and assembly technologies).

The four-year project (which will end by December 31, 2024) will be awarded with a budget of 25.36 billion Won ($21.4 million USD). The project's goal is to enable the production of 360 PPI displays. The core technology will be around the alignment precision, it seems