Ritdisplay, a subsidiary of Ritek Group, is an OLED panel maker. This year the market's demand has been strong. In first half of 2016, its revenue reached NT $997 million (US $31.21 million), and its annual growth rate surpassed 40%, according to a MoneyDJ report.

According to a new report published by Allied Market Research, titled, "World High Purity Alumina (HPA) Market - Opportunities and Forecasts, 2015-2022", the high purity alumina (HPA) market is expected to reach US $4,498 million by 2022, registering a CAGR of 16.7% from 2016 to 2022. 4N high purity alumina segment occupied more than half of the total HPA market in 2015 and is expected to continue this trend throughout the analysis period.

Micro LEDs are gaining traction in the LED industry since it is a technology that industry experts view as capable of breaking LCDs low light efficiency, and achieve “real LED display” technology. Current LCD designs are very inefficient in light output, with only an estimated 10% light emission. Light emitted from the LED backlight module has to travel through polarization filters, TFT, liquid crystals, and color filters, about 90% of light is trapped in these layered structures.

Company representatives from LiteOn, China Electric and Monocrystal urged Taiwanese LED manufacturers to direct resources to develop niche market products, instead of developing products in the overtly competitive general lighting and application markets during a press conference for the upcoming lighting show LED Taiwan at Taipei World Trade Center Club, Taiwan.