[News] Samsung Semiconductor to Take Over Samsung Micro LED Business

2023-12-26 LED editor

Lately, according to South Korean media’s reports, Samsung Electronics has decided that the Samsung Display division will be responsible for all OLED microdisplay projects, while Samsung Semiconductor Inc.(SSI), the Samsung Compound Semiconductor Solutions team, will be in charge of the development of all Micro LED microdisplay projects, the area which is primarily applied in AR glasses with higher display requirements.

It is reported that Samsung considers OLED microdisplays as the preferred solution for the next generation of VR devices. While Apple’s Vision Pro device already utilizes a 1.4-inch 4K OLED microdisplay manufactured by Sony, Samsung, reportedly, is also actively looking to competing for orders for the Vision Pro device in the future.

On the other hand, Samsung’s Micro LED microdisplay products may take longer to enter the market. It is reported that Samsung Display began developing Micro LED microdisplay technology in August 2022. In September 2023, Samsung Display announced the development of a 0.25-inch FHD Micro LED microdisplay. Based on the latest information, these projects might be transferred to SSI.

From the perspective of the Micro LED market development, TrendForce estimates that, driven by the mass production of large displays and wearable devices, the production value of Micro LED will reach USD 27 million in 2023, with a year-on-year growth of 92%.

With the expansion of existing applications and the addition of new applications, it is projected that the production value of Micro LED will reach approximately $580 million in 2027, with an estimated Compound Annual Growth Rate (CAGR) of around 136% from 2022 to 2027.

Read more

(Photo credit: Samsung)