2024-06-04

Micro LED Chip Market Value Expected to Reach $580 Million by 2028, Focusing on Head-Mounted Devices and Automotive Applications, Says TrendForce

Jun. 3, 2024 ---- Efforts to reduce the cost of Micro LED chips through size miniaturization are ongoing. Companies like LGE, BOE, and Vistar continue to invest in large display applications, while AUO has been focusing on developing smartwatch products. There is also growing demand for new display applications in head-mounted devices and for automotive uses. TrendForce’s “2024 Micro LED Market Trend and Cost Analysis Report” reveals that the market value of Micro LED chips is projected to reach $580 million by 2028, with a CAGR of 84% f...
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE