OLED Association
  • Home
  • Who We Are
  • Events
    • SID Display Week in 2018
    • OLED Coalition Annual Meeting 2018
    • OLEDs World Summit 2018
    • SID Display Week in 2018
    • SID Display Week 2017
  • Board Members
    • Members
  • Join Us
  • Press Releases
  • Presentation Files
  • Contact OLED-A
  • Evaluation
  • Home
  • Who We Are
  • Events
    • SID Display Week in 2018
    • OLED Coalition Annual Meeting 2018
    • OLEDs World Summit 2018
    • SID Display Week in 2018
    • SID Display Week 2017
  • Board Members
    • Members
  • Join Us
  • Press Releases
  • Presentation Files
  • Contact OLED-A
  • Evaluation
Search by typing & pressing enter

YOUR CART

Musing-Weekly Newsletter

Vertical Divider
PMOLED Panel Maker RiTdisplay Expands Portfolio into Micro and Mini LEDs

RiTdisplay reported revenues of NT$145 million (US$4.93 million) for July, up 2.28% sequentially and 14.95% Y/Y. But year-to-date revenues totaled NT$854 million, down 16.47% Y/Y. Revenues for third-quarter 2020 are expected to grow by a double-digit rate from NT$437 million last quarter CEO Wang noted the company is currently operating at 80% of its production capacity. It posted net profit of NT$70.25 million in second-quarter 2020 compared to NT$4.52 million a quarter earlier. Second-quarter EPS was NT$1.04, up from NT$0.07 in the previous quarter, according to company data. RiTdisplay dabbled with PlayNitride to produce a microLED for smartwatches as shown below at DisplayWeek.
 
Figure 1: RiTdisplay’s Micro LED
Picture
​Wang seems to be shifting interest to more short term opportunities saying RiTdisplay has taped out commodity mini LED display products and is ready to ship samples to clients for validation, with commercial shipments likely to kick off in 2021. Wang cautioned  that RiTdisplay's mini LED products are not for backlighting applications, and instead the company is directly implanting LED dies on the backplanes to form mini LED display devices. The company will focus on below 6-inch mini LED display products for small- to medium-size applications such as small-size outdoor PID (public information display) devices, such as those on bicycles of bike-sharing services, Wang added.

    Subscribe to Musing

Submit

We Would Love to Have You Visit Soon!


Contact Us

Barry Young
​barry@oled-a.org

Neo Kim
​neo@oled-a.org


Sungeun Kim
​sungeun@oled-a.org

Visit us at OLED-A.org



COPY RIGHT  2020 OLED ASSOCIATION. ALL RIGHTS RESERVED DISCLAIMER