Micro LED since 2014 has been receiving attention. The industry is slowly becoming familiar with the new display technology that motivated Apple to acquire LuxVue. However, in 2008 a company already foresaw Micro LED to be a future display trend and started related development despite lack of market appetite. When the market started noticing Mini/Micro LED UK-based optic tech firm Optovate had already patented ideas to render various applications featuring these microscopic technologies.

As time is moving forward to the second quarter of 2018, more and more rumblings and updates about Micro/Mini LED emerged and have been circulating in the industry. In February, LEDinside collected and revealed information of Micro LED development from nearly 50 companies around the globe. Here, we would like to share some progress updates released after that from 10 companies.

LG Electronics said Wednesday (May 9) its latest OLED TVs released in the United States come with features that allow them to be connected to the Google Assistant voice recognition system.

As a popular product in the LED display industry, Micro LED is regarded as a leader of next-generation display technology. A large number of manufacturers at home and abroad have paid attention to Micro LED, which has promising market prospects.

According to TrendForce’s latest report New Display Technology Cost Analysis, Micro LED has emerged as the most discussed topic in the display industry. The capital market and the supply chain are all looking forward to this next-generation display technology. However, from the technical perspective, the mass production of Micro LED still face many challenges, including the yield rate of mass transfer and LED uniformity, etc. Some manufacturers have thus shifted their development focus to Mini LED, whose architecture is similar to that of current LCD and LED displays. No major change in the design is needed. Commercialization of Mini LED is only a matter of time, therefore, companies are all expecting it to become a transitional product before Micro LED is ready for mass production.

Universal Display Corporation reported financial results for the first quarter ended March 31, 2018. It also announced that its Board of Directors approved a second quarter cash dividend of $0.06 per share on the Company's common stock.

With the development of display technology, the panel industry will no longer only focus on the supply and demand. Instead, more emphasis has been placed on the quality and specs upgrade of panels in order to increase the value of display products. This trend has motivated the display panel makers towards better specs, such as high resolution, curved, ultra-thin, lightweight, bendable, high dynamic HDR, high contrast, and wide color gamut. In this way, the displays will be able to present more natural colors and vivid image.

In recent year, Mini LED has undoubtedly emerged as a new sector where LED companies and panel vendors actively enter. The reason is that the traditional LED backlight has been developing for many years, reaching a bottleneck in technology; the profit is relatively low as well. Meanwhile, OLED displays, which feature thinness and flexibility, are invading into the backlight display market. As the result, manufacturers that do not worked on OLED displays have turned to the development of Mini LED, a new product that is highly competitive in terms of function and cost.

With the increased demand for OLED based touchscreens, electronic manufactures are increasingly turning to UV LED curing solution providers for its many benefits in bonding applications for OLED flat panel manufacturing. Benefits to manufacturers include high productivity, environmentally safe and friendly, and a reliable solution to how these products are cured.

Industrial Technology Research Institute (ITRI), a Taiwan-based technology R&D institution, displayed innovative OLED and LED lighting applications at 2018 Taiwan International Lighting Show (TILS) between April 25th and 28th.

Samsung Electronics posted KRW 60.56 trillion in consolidated revenue and KRW 15.64 trillion in operating profit for the first quarter of 2018.

The U.S. Department of Energy (DOE) announced up to $15 million to conduct early-stage, innovative research to drive further breakthroughs in solid-state lighting (SSL) technology. This funding will accelerate the development of high-quality light-emitting diode (LED) and organic light-emitting diode (OLED) products with the potential to reduce lighting energy costs for American families and businesses and to enhance U.S. global competitiveness.

The Society for Information Display (SID) and Display Supply Chain Consultants (DSCC) announced the complete agenda for the SID Display Week 2018 Business Conference. Featuring many of the leading companies, analysts and industry executives in the display industry, the Business Conference kicks off the well-attended Display Week Business Track and will be held on Monday, May 21, from 8:00 a.m. to 5:30 p.m., at the Los Angeles Convention Center. 

According to media reports, Huawei, OPPO and Xiaomi are worried about insufficient OLED panel production, so they plan to use Mini LED-lit LCD displays for their smartphones in 2H18. Despite the fact that this rumor is not confirmed yet, the LED supply chain already pins its hope on Mini LED.

Optovate has revealed further details of its innovative micro-LED technology, following its first technology announcement in March 2018. Optovate has since 2008 been developing catadioptric micro-optic arrays to enhance the benefits of micro-LED, mini-LED and OLED displays and also a patterned laser lift-off (p-LLO) micro-LED transfer process.

Pixelligent, a manufacturer of high-index advanced materials, announces $7.6M in new funding to help further drive product commercialization and accelerate global customer adoption.

LG is reported to have filed applications to the EU for three trademarks related to Micro LED displays. The trademarks are XµLED, SµLED, and XLµLED, Gsmarena.com carried in a report.

The sales of iPhone X turned out to be less than market expectation, so Samsung has lowered the utilization rate of OLED production lines. The tight supply of OLED panels over the past two years has also been eased. According to WitsView, a division of TrendForce, Apple has initiated the trend of OLED panels, and it is estimated that the penetration rate of OLED panel in smartphones will reach 46% by 2021. Mini LED is overwhelmed by OLED’s technology maturity and competitive costs, so it might be hard for Mini LED to grow in the smartphone market in short term.

Connected lighting is definitely a main focus at Light and Building 2018. While most of the lighting companies emphasize the smartness of their products, a group of OLED lighting manufacturers differentiate themselves, showing multiple values of OLED with their innovations.

Optovate Ltd., the Micro LED optical specialist, announces that it has realized a Micro LED technology that enables multiple Micro LEDs transferred in parallel from a wafer to a substrate to be aligned in one step with a precision optical array. The technology is the subject of a portfolio of 20 granted and pending patents dating from 2008.

Solar-Tectic LLC ("ST") announced that a paper reporting a breakthrough thin-film transistor (TFT) technology, that promises greatly to improve current processes used the industry, has been published in the peer reviewed journal Materials Letters. The title of the paper is: "High mobility crystalline silicon film growth below 600°C from an Au-Si eutectic melt for TFTs".

Before we can see real Micro LED, sized below 100µm, Mini LED (100-250µm) will be rolled out to the market first. People must be curious about which consumer electronics will Mini LED choose and how will it enter those markets.

AIXTRON SE has a number of stock option programs in place that grant employees the right to purchase AIXTRON shares under certain conditions. The company in February announced its financial results for fiscal year 2017 and the fourth quarter 2017.

The TFT-LCD market has already become a red ocean. Korea and Japan take the lead in the OLED market. In terms of display technologies, Taiwan should seize the chance to pioneer the development of Micro LED if it wants to secure a competitive share in the global display market in the future.

The rise of the Internet of Things (IoT) is definitely pushing our technology to a new level. Now, we can combine LED lighting with sensing and data analyzing capabilities. All these bring the LED industry opportunities to connect with future technologies.

Currently, automotive lighting is reported to be the most promising and most mature application market for OLED lighting. In fact, with the latest integration of LED technology, lighting has become a significant feature of cars with potential value rather than a basic function of vehicles, and OLEDs have the real potential to differentiate themselves from LEDs and can provide new added values. The BMW M4 GTS, introduced in 2016, is the first commercial vehicle to incorporate OLED technology in taillights.

Here begins a debate: when Mini LED is ready to enter the smartphone display market, it have to face an oversupply of OLED screens. Does Mini LED still have chances to grow in this space? And for how long can it last?

Universal Display Corporation reported financial results for the fourth quarter and year ended December 31, 2017.

Universal Display Corporation this month has confirmed two partnerships for OLED production.

Display makers have been scrambling for the production of smartphone OLED screens for the iPhone X; however, the phone faces a tepid sales and even a possibility to be discontinued in 2018.