OLED is a next-generation display technology that is replacing LCD displays in several markets, such as small displays for mobile applications, TVs and microdisplays. OLEDs are made from thin films of organic light emitting materials that emit light when electricity is applied. OLEDs have a much simpler structure compared to LCDs and have several advantages over the incumbent technology.
OLED microdisplays are considered to be the current state-of-the-art near-eye display technology. OLEDs offer many advantages over competing technologies:
- No backlight - a direct emissive display with high contrast and a wide color gamut
- Fast refresh rate
- Low power consumption (this depends on the image shown)
- Wide operation temperature range
OLEDs do suffer from lower lifetime, limited market capacity, high price. Many believe that microLEDs will offer the ultimate solution for microdisplays, with their inherent high brightness and efficiency, but these displays are not commercial yet.
The OLED Microdisplay market
Several companies in the US, Europe and Asia are producing OLED microdisplays - including eMagin, Sony, OLiGHTEK, Kopin, BOE and SeeYa.
If you're interested in adopting OLED microdisplays in your device, we'll be happy to help, you can browse available display in our OLED marketplace. Be sure to send us a mail and together we can find the best display for your project.
OLED-Info's OLED and MicroLED Microdisplay Market Report
If you want more in-depth information on the OLED (and MicroLED) Microdisplay market, look no further! Our OLED and MicroLED Microdisplay Market Report explains:
- Why OLED microdisplays are better than LCD or DLP ones
- The disadvantages of OLED microdisplays
- What kind of displays are available on the market today
- New technologies on the horizon, including MicroLED microdisplays
The report package also provides a complete list of OLED and microLED microdisplay makers and developers, their current (and future) products, and personal contact details into the leading microdisplay makers. Read more here!
The latest OLED microdisplays news:
eMagin reported its financial results for Q4 2022
OLED microdisplay maker eMagin reported its financial results for Q4 2022, with another strong quarter. The company's revenues reached $8.4 million, up 17% from last year. This is the fifth consecutive quarter in which eMagin achieved year-over-year revenue growth. At the end of the quarter, eMagin had $4.3 million in cash and equivalents.
For the full year 2022, eMagin reported revenues of $30.5 million (up 17% from 2021) and an income (EBITDA) of $2.2 million.
A new version of our OLED and MicroLED Microdisplay Market report released
Today we published a new edition of our OLED and MicroLED Microdisplays Market Report, with all the latest information. The new edition, which includes our yearly report overhaul, offers more than 15 new updates, new companies, new brochures and attached files, more than 5 new devices and more.
Reading this report, you'll learn all about:
- The advantages of OLED and MicroLED microdisplays
- The microdisplays that are available on the market today
- Information on all companies involved in this market
- Future technologies and roadmaps
The report package also provides:
- A list of all OLED microdisplays on the market
- A list of all OLED and MicroLED microdisplays makers
- Microdisplays spreadsheet
- Over 25 datasheets, presentations
- Free updates for a year
This microdisplays market report provides a great introduction to OLED and MicroLED microdisplays, and covers everything you need to know about the current status of the market and industry. This is a great guide if you're considering to adopt OLED microdisplays in your product, if you're looking to learn more about next-generation micro-LEDs and if you want to understand this industry better.
Omdia details its AR and VR market forecast
Market analysts from Omdia say that the XR market (which they define as a combination of AR, VR and MR) will grow from 24 million units in 2023 to almost 90 million units in 2028, a CAGR of 67%. In terms of revenues, the market (XR displays) will reach $1.15 billion in 2023.
As you can see from the graph above, VR applications still take up most of the market, and Omdia does not seem to think AR technology will reach mass markets soon, maybe only in 2028.
Panasonic says Kopin's microdisplay yields are very low, and so it more than doubles the price of its upcoming MeganeX VR glasses
In early 2022, Shiftall (a Panasonic Subsidiary) launched the MeganeX lightweight VR glasses based on dual 1.3" 120Hz 2560x2560 dual-stack OLED microdisplays produced by Kopin and LakeSide Optoelectronics.
Panasonic aimed to start shipping the MeganeX in early 2022, but it was delayed and now it plans to ship it by March 2023 (which will mean that in total it took around 6 years of development). Panasonic further says that as Kopin's production (at Lakeside) suffers from very low yields, it had to increase the price of the display and so the cost of the VR headset increased from 100,000 Yen (around $750) to 250,000 Yen (almost $2,000).
UDC signed an OLED material evaluation agreement with Seiko Epson
Universal Display announced that it has signed an OLED evaluation agreement with Seiko Epson. Under the agreement, Universal Display will supply its proprietary phosphorescent OLED materials and technology to Epson for AR/VR microdisplay applications.
Seiko Epson is producing OLED microdisplays (branded as Si-OLED) for many years. It's latest announced display is a 0.453-inch 1920x1080 panel. The company's displays are used in its Moverio series of AR smartglasses. The company is also developing optical design engines (its 4th-Gen one is pictured above).
eMagin reported its preliminary Q4 2022 financial results
OLED microdisplay maker eMagin reported its preliminary financial results for Q4 2022 - the company expects revenues to be in the range of $8.1-8.3 million, up from $7.2 million in Q4 2021. The company says this was a positive quarter with strong bookings. The company's open order backlog at the end of 2022 was $16.7 million.
eMagin says that this was its fifth consecutive quarter in which it achieved year-over-year growth in product revenue. The company was cashflow positive in the quarter and now has $4.2 million in cash and equivalents. eMagin expects the delivery of an advanced, production-capable, dPd organic deposition tool in the second quarter of 2023.
LG Display shows its latest OLED displays at CES 2023
LG Display has an impressive presence at CES 2023, showing many OLED displays, products and prototypes.
The video above starts with LG's automotive displays, which include new 18" slidable OLEDs and some more OLED and LCD displays.
Kopin sort of spins-off its consumer OLED microdisplay business unit to Lightning Silicon Technology
Kopin Corporation announced that it is sort-of spinning-off its OLED business unit. Some of Kopin's executive launched a new company called Lightning Silicon Technology, and Kopin licensed its technology to the company, and will also receive a 20% stake.
Lightning Silicon will focus on developing and supplying OLED microdisplays to the consumer AR and VR markets, and will produce its displays at China-based Lakeside Optoelectronics.
APS manages to produce a 3000 PPI direct-emission OLED using its latest FMM technology
In 2021 The Korean government launched a new project that aims to develop technologies for the production of OLED microdisplays for AR applications. The project is led by AP Systems (APS Holdings), and aims to produce a direct emission OLED microdisplay with a resolution of 4,000 PPI by 2024. Earlier this year APS developed FMM masks that reached 1,000 PPI.
APS now announced that it has produced a 3,000 PPI direct-emission OLED microdisplay, based on its FMM technology. This is very impressive progress.
Samsung starts building its first OLED microdisplay production line
Earlier in 2022, Samsung Display confirmed it is developing OLED microdisplays. Samsung admitted it is still at an early stage of development, and it said it will start building its first line (with likely limited capacity) in 2023. By 2024 it will mass produce displays, and in 2025 it will expand capacity so that by 2026 it will achieve full commercialization.
Today we hear new reports from Korea that shed some more light on Samsung's OLED microdisplay fab status. The company has started to order equipment (from SFA Engineering and AP Systems, it seems) for a 300 mm pilot line that will be located at Samsung's existing A2 fab in Asan, Korea.