RiTDisplay is a Taiwanese company, manufacturing PMOLED panels. RiT has been spun-off from Ritek, that still holds a majority stake. RiTDisplay is one of the world's largest PMOLED makers.

RiTDisplay went public in 2016, following a strong rise in PMOLED demand. The company is trading in the Taipei Stock Exchange (8104:TT)

In June 2011 it was reported that RiTDisplay is collaborating with IGNIS on AMOLED panel production on a-Si backplanes. That project never took off, though. The company is now developing flexible PMOLEDs.

In 2019 RiT signed a strategic partnership with PlayNitride and aims to start developing and producing MicroLED displays.

Company Address: 
No. 12, Kuanfu N. Road
Hsin Chu HSQ 30351
Taiwan



The latest RiT Display news:

Digitimes: RiTdisplay starts to produce OLED lighting panels

According to Digitimes, PMOLED display maker RiTdisplay has started to produce flexible OLED lighting panels, targeting the automotive, medical and consumer (home) applications.

For the automotive market, the RiTdisplay is apparently collaborating with Luminit, through its Taiwan-subsidiary Luminit Automotive Technology. RiTdisplay is holding 30% at LAT which is already starting to supply OLED lighting panels for automotive brake lights and started low-volume shipments in Q1 2019.

RitDisplay increases its PMOLED capacity, revenues up 30% in 2016

In August 2016 we reported that PMOLED-producer RiTdisplay sees growth ahead in the PMOLED market with plans to increase capacity - and today Digitimes states that RiTdisplay has indeed increased its capacity by 20% in 2016 (to 18,000 monthly substrates, up from 15,000). The company aims to increase production by a further 40% (to 25,200 monthly substrates) by the end of 2017.

Earlier reports suggested that the capacity increase will come from more efficient production ("deleting bottlenecks") - not from new equipment.

RitDisplay expects growth ahead in the PMOLED market

RitDisplay's president and CEO, D.C. Wang, sees growth ahead in the PMOLED market. RitDisplay expects revenues to grow more than 20% in the second half of 2016, up from almost $32 in the first half.

RiTDisplay flexible PMOLED prototype (Oct 2015)

In order to meet the expected demand (mostly from wearable devices, it seems), RiTDisplays aims to grow its capacity by 20 to 40 percent in 2017. Earlier reports suggested that the capacity increase will come from more efficient production ("deleting bottlenecks") - not from new equipment.

RiTDisplay's president details the company's business and PMOLED expansion plan

A few days ago we posted that Taiwan's RiTDisplay, one of the world's leading PMOLED makers, is seeing strong demand for its OLED displays, expanding its production by 20% and filing for an IPO in Taiwan.

Following that story, Digitimes now posts a story on RiTDisplay, quoting its president that says that PMOLED panels are replacing STN-LCD panels in small sizes - even though PMOLEDs are more expensive (by about 50%) than LCDs.

RiTDisplay's sees strong demand for PMOLED displays, filed for an IPO

Taiwan's RiTDisplay, one of the world's leading PMOLED makers, is reportedly seeing strong demand for its OLED displays. According to a new report, the company's revenue reached $31.2 million in the first half of 2016, up 40% over the first half of 2015.

The company is also enjoying higher profits - and in fact the profit in the first half of 2016 may pass the profit from the whole year 2015. PMOLED is seeing a rising demand in wearable devices - and other emerging applications.

Taiwan forms an OLED lighting commercialization alliance

The OLED Lighting Commercialization Alliance (OLCA) was formed a few days ago in Taiwan, with an aim to make Taiwan an important OLED lighting player. The alliance will promote OLED technologies and will include members from materials suppliers to product makers.

The OLCA seems to be led by Taiwan's ITRI. Other members include Merck, RiT Display, WiseChip, Corning, Tongtai Machine & Tool and the TLFEA (Taiwan Lighting Fixture Export Association). ITRI says that more than 60 companies have shown interest in collaborating with OLCA members.

Updates from Taiwan's AMOLED makers

Taiwan has a large display industry, but in recent years it seems that it is lagging behind Korea, Japan and China in AMOLED technologies. We asked a local industry expert to check out the three main Taiwanese AMOLED companies (AUO, Innolux and RiTDisplay), and now we post on his updates.

AUO

As we reported already, AUO started producing AMOLEDs in their 4.5-Gen fab in Singapore after years of delays. According to our source, AUO is actually only producing samples. Those 5" 720p (295 ppi) panel samples have been been submitted to a company based in China. Earlier reports suggested AUO is going to supply HTC and Sony but it appears these two companies will keep using LCDs for now.

Reports from Korea claim LG Display is on the verge of a flexible OLED supply deal to Apple

Back in December 2012, rumors started to circulate about an upcoming Apple smartwatch called the iWatch. First we heard reports that it will use a small PMOLED, and later rumors suggseted Apple decided to use a plastic flexible OLED. Today the Korea Herald claims that LG Display is very close to striking a deal with Apple to supply flexible OLEDs for the iWatch.

Apple 2011 flexible OLED watch patentApple 2011 flexible OLED watch patent

Korea Herald says that it isn't likely for Apple to rely on a single vendor and they suggest that RiTDisplay is a strong candidate as well. But this does not seem likely as the Taiwanese company does not have the technology or capacity to produce flexible AMOLEDs similar to LGD ones. Perhaps if Apple opts for a simpler PMOLED device than RiTDisplay is a possible supplier. They also list Japan Display as a candidate, but this is even less likely.

Ignis to start producing 20" AMOLED displays in low volume beginning August 2013

Ignis Innovation announced that samples of its 20" 1296x768 (XGA) AMOLED display will be available in August 2013. Ignis will offer these samples to display makers for evaluation of Ignis' MaxLife compensation technology in their own displays (more on this below). They will sell the display for low volume, demanding applications such as medical imaging and scientific imaging.

The 20" AMOLED panels use a-Si backplane and are made by RiTdisplay. The panels are only 1.3mm thick (the complete display module is 3 mm thick). The refresh rate is 240Hz.

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