Micro LED Technology Developers to Increase Production Lines

Two Micro LED technology builders unveiled their plans to set up new Micro LED production lines this week, including Taiwanese company PlayNitride and French Aledia.

PlayNitride is going to commence construction of its second Micro LED chip production line with its secured funds of US$50 million.

On the other hand, Aledia, the spinoff of French research institute Cea-Leti, announced that it will invest EUR 140 million to build GaN-on-Si Micro LED production line in France. The new site is scheduled to begin production by 2022.