OLED Microdisplays in China - industry snapshot October 2022
The OLED Microdisplay industry is enjoying increased interest in the last few years, as the world's leading device makers (led by Apple, Facebook, Sony, Google, Samsung and others) are all developing next-generation VR and AR devices that are based on high-end microdisplays. OLED is regarded as the most fitting technology to power these next-generation devices.
Up until a few years ago, there was only a handful of companies that developed and produced microdisplays - led by eMagin, Sony, OLiGHTEK and MicroOLED, and the combined production volume was very limited, as applications were mostly in the defense, medical and high-end cameras sectors. But the increased demand spawned many more companies, some of which have already started to sell displays in the market, which expanded the global supply dramatically.