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.

The MicroLED Industry Association published today a new white paper, that is focused on MicroLED production yields. This whitepaper discusses microLED yields, the current status, challenges ahead and several strategies and technologies that should help to mitigate the yield problem. Together with the white paper, the association is also hosting an open webinar.

Yield is an important parameter for display makers, as low yields can drastically increase production costs per panel sold. In the microLED industry, yields are even more crucial and are still a major challenge. In addition, as microLED production involves several separate steps, the yield discussion is more complex compared to the situation in LCD or OLED production.

The white paper is published on the MicroLED Association's website, and is open to the public.

OLED-Info and our sister site MicroLED-Info are happy to announce the 2023 edition of The MicroLED Handbook. This book is a comprehensive guide to MicroLED display technology, industry and market. MicroLED displays are thin, efficient, bright and flexible and are on track to revolutionize the display industry. The handbook is now updated to January 2023 and lists recent developments and new companies, initiatives and research activities.

Reading this book, you'll learn all about:

• MicroLED technology, materials and production processes
• How MicroLEDs compare to LCDs and OLEDs
• What are the challenges towards commercial production
• LED technology and manufacturing processes
• MicroLED driving and full-color architectures
• The MicroLED displays currently on the market

The book also provides: The book also provides: an in-depth guide to MicroLED Microdisplays, potential applications of MicroLED displays, a comprehensive list of MicroLED companies, an introduction to other emerging display technologies (such as quantum dots and OLEDs), a current overview of the MicroLED market, market and industry forecasts and much more!

In April 2022, we reported that the Korean Government is considering designating OLED technology as a "national strategic technology", which means that companies will be given tax benefits, to encourage further investments and R&D in the OLED industry.

According to new reports to Korea, the government will unveil a new draft tax law tomorrow that will indeed include new benefits to OLED developers, as OLED will be regarded as a national strategic technology indeed. This will encourage companies to establish new OLED R&D activities and new production lines. The government is also also looking to add microLED and quantum dot display technologies as strategic technologies.

On March 27 the MicroLED Industry Association will host a private webinar on perovskite materials for the microLED industry. Perovskite materials hold great promise for the solar industry and in recent years we are seeing promising signs for the adoption of perovskites the display industry.

The upcoming Seminar will feature four world-leading speakers, and will also be open to a Q&A session. We will learn more about the state-of-the-art perovskite research and development, with a focus of course on applications in the microLED industry - for both perovskite QDs and PeLEDs.

On February 7th the MicroLED Industry Association will host a private webinar on microLED technologies for the AR market. The AR market is a very good segment for microLED developers, as it offers high performance requirements, relative microLED maturity and an excellent horizon.

The upcoming Seminar will feature four world-leading speakers, and will also be open to a Q&A session, to help increase microLED developers knowledge and involvement in the AR industry:

• Karl Guttag: a display systems engineer, one of the most respected experts on near eye displays and HMD designs
• Assaf Levy-Beeri: CEO at JoyaTeam, an optical design team focusing on AR solutions
• Soon-gi Park: AR specialist at LetinAR, a Korea-based AR optical system developer
• Reza Chaji: CEO at microLED microdisplay developer VueReal (and a microLED association member)

Reports from Korea suggest that Meta (Facebook) is in talks with both Samsung Display and LG Display, regarding the supply of OLED microdisplays and microLED microdisplays for its future AR and VR glasses.

According to the reports, dozens of executives from Meta have met with executives from LG Display and Samsung Display, and the discussions are still ongoing. According to other reports, Meta plans to use OLED displays in its upcoming VR glasses, and MicroLEDs in AR glasses that will hit the market at around 2026.

Toray Research Center (TRC) is now hosting online webinars focused on display technologies. TRC, who supplies technical analysis and support for R&D and manufacturing, invites you to attend the online lectures at no cost, to learn more about OLED, microLED and QD technologies and analysis of OLED devices.

The webinars include recorded presentations, which will be available online up until to November 22. You can register for the webinars here.

The webinar will include three different presentations:

• OLED dopant ratio for efficient emission
• Laser-based processes for microLED production, analysis method to evaluate chips after transfer
• Degradation analysis of QD-LED devices

LG Display has demonstrated a 12" 100 PPI full-color stretchable MicroLED display. The display can stretch up to 20% (to create a 14" display).

The display is said to be "close to commercialization" - as it is highly flexible, durable, and reliable. LGD says that it is the world's first full-color high-resolution stretchable display that was ever produced. But we do know that companies have demonstrated stretchable OLED displays in the past, for example Samsung with its 13" stretchable display shown in 2021.