China-based display technology developer Viewtrix (also known as Yunyinggu) announced that it is starting to produce its AMOLED and OLED microdisplay driver ICs. Viewtrix plans to produce 10 million AMOLED driver ICs by the end of the year - which is about 10% of the total Chinese market.

Viewtrix also announced that it has secured its Series D financing round, totalling $45.6 million, led by Sequoia Capital China.