Established in Shanghai, China in 2019, Lumicore (also known as Nanjing Yunguang Technology) is an OLED microdisplay producer. In 2021 the company started to construct a 8-inch OLED microdisplay production line in Nanjing. The low-volume line (1,000 monthly substrates) is now in mass production.
In early 2024, Lumicore announced it has raised $100 million in its Series A funding round. The company announced several microdisplay products.
In early 2026, the company announced it is starting to construct a large capacity $390 million 12-inch OLED microdisplay fab in Nanjing, which will be put into operation in 2027.
Contact information for Lumicore
Lumicore progresses with its 12-inch OLED microdisplay Nanjing fab, starts to construct the main building
In February 2026, OLED microdisplay developer Lumicore announced that it has started to construct a 12-inch OLED microdisplay fab, in the Nanjing Jiangning Development Zone.
Yesterday Lumicore held a ceremony as it has finished the planning and design phase, received all required approvals, and finalized the preparations. It is is now starting to construct the main building - which it expects to complete before the end of 2026.
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The OLED Microdisplay industry in 2025, do we need all that capacity?
Microdisplays are tiny high-performance displays, usually under 2-inch in size, that are not meant for direct view – rather they are meant to project an image. Microdisplays can be used in viewfinders, projector displays, and VR/AR headsets. OLED microdisplays offer very high-quality images and are of increased interest to the display industry.
In this article, we will examine the OLED microdisplay industry, explore why it is very important for supply chain companies, and try to look into the future of the industry. Table of contents for this article:
- An introduction to OLED microdisplays
- The history and current status of the OLED microdisplay industry
- All OLED microdisplay producers and developers
- Do we need all that capacity that is being constructed today?
- Will microLED microdisplays make OLED microdisplays obsolete?
- Why is this industry segment important for OLED supply chain companies?
- More OLED microdisplay industry resources for OLED-Info Pro subscribers
