STMicroelectronics has signed a strategic agreement with France-based MicroOLED company that develops and distributes OLEDs. Besides, St declared a minority equity investment of € 6 million in the company.
 
MicroOLED's advanced technology offers superior pixel density for improved image quality and also proves 50% more power efficiency than competitive displays.

OLEDs can now have two-fold pixel densities and 10 to 100x more contrast ratios than alternate displays. By integrating these technology advantages, ST offers exceptional manufacturing machine, deep IP portfolio, and broad consumer-market expertise with production and supply services for new micro-displays.

ST’s fully integrated CMOS processes foster the development of a comprehensive product roadmap. The extensive portfolio of design IP of ST has enabled the integration of micro-display functions on external controllers that pose complexity to the final solution. With expertise in designing for low-power, ST promotes applications like video goggles.

Eric Marcellin-Dibon, the CEO and cofounder of MicroOLED, believes that the company’s strategic relationship with ST will promote improvement in the company’s strong manufacturing capabilities. With technology advancement and expansion of potential market, MicroOLED can better develop low-power micro-displays.