Managing Director of the Merck Group in Taiwan, John Lee, said that while Apple's decision to halt its MicroLED development is significant, it might open more doors for MicroLED manufacturers in Taiwan, who are actively exploring the technology, as they are not confined to a single application anymore.
Innolux and AUO stated that the panel industry has bottomed out in the first quarter of 2024 and they are projecting double-digit revenue growth from their automotive applications.
AUO and Innolux are optimistic about the future of MicroLEDs despite Apple's abortion of its MicroLED smartwatch project. The two firms believe the act opened up even more technological opportunities for MicroLEDs.
The expectation for the OLED display market in 2024 is quite high, with market research firms forecasting a rebound in revenue, especially with Apple's iPad set to feature OLED displays for the first time, which is expected to drive market growth.
Iris Optronics, the sole provider introducing Cholesterol Liquid Crystal Display (ChLCD) to color e-paper, will showcase two proprietary color e-paper technologies and unveil a new product at the 2024 Touch Taiwan.
Panel maker AU Optronics (AUO) is teaming up with e-paper solution provider E Ink Holdings (EIH) to develop large-size color e-paper displays, according to the companies.
E Ink Holdings (EIH) will showcase an 88-inch e-paper display and an e-paper wall over 100 inches – both in color – at Touch Taiwan 2024. The firm's other offerings at the expo include green technologies, cloud services, and a wide range of color e-paper applications.
Innolux will showcase its Generative AI (GenAI) technologies at the 2024 Touch Taiwan, including a 3D printer with AI 3D imaging solutions and its "Chat-N-Go" AI Automated Guided Vehicle (AGV) display, among other versatile display solutions.
Micro LED applications are expected to multiply in the coming years, especially in the automotive sector. Li Yun-Li, CEO of micro LED supplier PlayNitride, said customers will likely put the company's product into concept vehicles in 2025 and enter the design phase of volume-production cars in 2027. The adoption of micro LED solutions in EVs could progress faster than expected.
Taiwan's major panel specialist Innolux is poised to wow the audiences at the upcoming Touch Taiwan 2024 by showcasing the industry's first color conversion MicroLED display technology alongside other pioneering MicroLED innovations and applications.
After securing a 27-inch OLED display sale to Hyundai Motor Group's Genesis, LG Display (LGD) also reportedly received a large-sized LCD order from a foreign luxury car brand. This LCD order represents the longest size among LGD's automotive displays and is currently in preparation, with a target to officially begin mass production in the first quarter of 2026.
