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Today, in the large-screen commercial display industry, especially in the small-pitch LED circle, Micro LED display technology is recognized as an inevitable direction for the future development of LED display technology. The unique performance of Micro LED technology makes it suitable for super-large-sized applications of more than 100 inches, such as conference screens, movie screens, and stage screens, as well as small and micro-sized near-eye applications, such as smart watches, VR glasses, etc.

Such "omnipotence" makes the industry generally optimistic about the future of Micro LED. A few days ago, the market research organization DSCC released a research report that the revenue of Micro LED displays will increase from about US$40 million in 2023 to over US$1.3 billion in 2027.

With such a huge market and such a fast growth rate, there is indeed a bright future for Micro Flexible LED Mesh Display. However, DSCC also pointed out the fact that the largest market segment for Micro LED display applications will be smart watches and wearable displays, mainly due to their relatively small pixel size, and the relative development of Micro LED technology in this segment. Mature. It may take until 2028 for Micro LED technology to truly enter the large-size display market.

DSCC believes that the reason why Micro LEDs are relatively lagging behind in large-scale applications is mainly due to cost issues. In fact, analysts believe that before Micro LED can compete with OLED and LCD, ways must be found to reduce production costs.

This is not difficult to understand. For wearable devices and VR glasses, due to the small size of the display screen, the cost difference between various technical routes is not large, and people are naturally willing to adopt thin, light, soft, bendable, fast response, and wider working temperature range , and Micro LED with high contrast and long life. In fact, the decision of various technology companies represented by Apple to adopt Micro LED screens on their own wearable devices has greatly accelerated the commercial process of Micro LED display technology in the field of consumer electronics.

In the field of large-size display, Micro LED, together with emerging technologies such as OLED and QD-OLED, is regarded as a strong competitor for the next generation of display technology. Needless to say, the advantages of Micro LED large-format displays are currently hindered by mass adoption. On the one hand, there are still some mass production process issues and yield issues, and on the other hand, there are still price issues.

It is not difficult to understand that if a new technology wants to be widely used on a large scale, it must be more "people-friendly" in terms of pricing. If it is in the field of professional display that is not sensitive to price, it is fine. However, once LED display technology wants to enter into a broader hundreds of billions or even trillions of commercial and household markets, especially the consumer electronics market, it will definitely face more competition categories, such as LED display, which has dominated for many years. Liquid crystal LCD, and OLED, which are vigorously promoted by Japanese and Korean brands, and so on. At the same time, these markets with "volume" as their main business model are more sensitive to prices.

Perhaps it is precisely because of this that many companies engaged in the research and development of Micro LED display technology are actively optimizing the production process and process to achieve the purpose of reducing production costs, which will effectively enhance Micro LED's ability to compete with other display technologies. competitive advantage. On the other hand, whoever can take the lead in overcoming the cost problem may be able to grasp the opportunities of the Micro LED display era.