According to TCL’s latest update, the Chinese display company built strategic partnership with Sanan Semiconductor, a subsidiary of Sanan Optoelectronics. The two companies will establish a joint laboratory to develop Micro LED display technology.

TCL and Sanan signed a strategic partnership MOU on March 3. According to the MOU, the two partners will set up a laboratory to develop Micro LED technology from end to end, addressing key issues of the engineering techniques and accelerating Micro LED production and applications. The partnership aims to holistically advance developments in materials, production techniques, equipment, solutions and IPs.

The registered capital of the joint laboratory of TCL and Sanan is RMB 300 million (US$ 43.6 million) which TCL accounted for 55% and Sanan took 45%. The laboratory will focus on Micro LED display technology covering chip production, transferring, bonding, full color development, testing, repairing and other key technologies. It will also work on building display prototypes for wearable, mobile devices, automotive applications, large size screen and more.