2023-08-11

Japanese Watchmakers and Western Automakers Boost Micro LED Market to Near US$600 Million by 2027, Says TrendForce

Aug. 10, 2023 ---- Mass production of large displays and wearable devices is propelling the Micro LED market. TrendForce predicts that the market value of Micro LED chips will reach $27 million in 2023, indicating a YoY growth of 92%. With the scaling of existing application shipments and the introduction of new applications, it’s projected that the market value of Micro LED chips will approach $580 million in 2027, representing a CAGR of approximately 136% from 2022 to 2027. Alongside the consistent growth in chip values, ancillary industries—such as tran...
Continue reading
Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE