Following Sony’s introduction of CLEDIS (Crystal LED Integrated Structure) displays and Apple’s acquisition of LuxVue, more technology companies are exploring the possibilities of micro-LED in various display applications. LEDinside, a division of TrendForce, reports that there are now nearly 100 private companies and research organizations participating in the development of micro-LED displays. Besides Apple and Sony, there are other major technology brands that invest in micro-LED. Notable cases include the acquisition of InfiniLED by Facebook’s Oculus and the partnership agreement between Ostendo Technologies and KDX. By entering this field in advance, these companies hope to gain favorable positions in the future.

Rising VR, security and small pitch LED display demands has led to severe shortage in AlInGaP LEDs, reported Chinese-language newspaper Commercial Times.

Affected by the uncertain economic outlook, Taiwanese LED manufacturer Everlight’s business operations in 2016 lacked strong growth momentum, reported Taiwanese media UDN. Waning consumer consumption led to sliding revenues in the backlight market, which has neutralized lighting market growth.