On April 28, Anhui Hongxi Microdisplay Technology Co., Ltd., a wholly-owned subsidiary of Hongxi Technology, held a groundbreaking ceremony for the silicon-based OLED microdisplay module (phase one) project. The project has a total investment of 2 billion yuan and will build a high-end digital intelligent manufacturing base.
Image source: Hongxi Technology
Hongxi Technology was established in July 2019, focusing on the research, design and manufacturing of silicon-based Micro OLED microdisplays and modules. The company has built a 12-inch silicon-based Micro OLED production line, launched 0.6-inch, 0.7-inch and 1.33-inch products, and is developing a new 1.4-inch (4K×4K) model.
In February of this year, Hongxi Technology completed a nearly 500 million yuan Series A financing round, with participation from institutions such as the Anhui Provincial Smart Home Appliance and Furniture Industry Fund and Guoxin Venture Capital.
It is worth mentioning that, in addition to Hongxi Technology, other companies in the industry are also accelerating their layout in the silicon-based OLED field.
On March 12, Redisplay Technology announced that its 12-inch silicon-based OLED microdisplay production line has officially settled in Changsha Jinxia Economic Development Zone. The project, with a total investment of 3 billion yuan, will leverage its existing 8-inch mass production base to create an industrial base integrating R&D, production, and sales, promoting the synergy of its "8+12 inch" dual-line production to meet the needs of multiple AR/VR/XR scenarios.
In late March, Xitai Technology made several moves. On March 21, its Nanchong Semiconductor Microdisplay Industrial Park project broke ground in Jialing District, planning to build its second 12-inch silicon-based OLED production line, covering an area of 125 acres with a total construction area of approximately 60,000 square meters. The following day, Xitai Technology, in collaboration with Suzhou Guanglinda Electronics, officially delivered its first Micro OLED full-process testing production line, covering core testing functions such as CELL, module GAMMA, Demura, and AOI, thus improving the supporting capabilities of the industry chain.
In addition, international manufacturers are also accelerating the development of related technologies. In January, South Korean media ETNews reported that eMagin, a Micro OLED company under Samsung Display, had received an order for RGB Micro OLED engineering samples and planned to begin mass production in the second quarter of 2025.
In terms of new products, Guozhao Optoelectronics released a 0.3-inch ultra-bright, low-power silicon-based OLED display in April, while Chuangwang Optoelectronics launched its latest Micro OLED product with a brightness of up to 60,000 nits. (Compiled)
