Taiwan's ITRI (or more specifically its Electronic and Optoelectronic System Research Laboratories or EOSRL) aim to establish a pilot line for Micro-LED displays that will start production in Q3 2018.
According to reports, the line will be used to produce small displays for VR applications - in addition to large-area indoor signage displays. The new line will obviously have a small capacity, but EOSRL believes that Micro-LED displays may grab up a sizable part of the display market.
The costs of establishing a Micro-LED production line could prove to be much lower than the costs of an OLED line. Taiwan's display makers have not yet committed to large OLED production fabs which may explain their interest in Micro-LED displays.
VR is indeed a very interesting application for Micro-LED displays. In October 2016 Facebook's Oculusannounced that it as acquired InfiniLED, a Micro-LED display developer based in Ireland. Oculus plans for InfiniLED's display solutions was not stated, but it is likely that Oculus is interested in next-generation VR displays.