Smartkem and AUO to Develop New Rollable, Transparent MicroLED Displays

November 25, 2024

DENVER, Colo., Nov 25, 2024 (247marketnews.com)- Smartkem (NASDAQ: SMTK) is partnering with AUO, Taiwan’s largest display manufacturer, to develop the world’s first advanced rollable, transparent microLED display using Smartkem’s technology.

Ian Jenks, Smartkem Chairman and CEO, proclaimed, “We believe that collaborating with global display industry leader AUO to develop a novel microLED display puts Smartkem’s technology on the frontier of microLED display commercialization. Our unique transistor technology is expected to enable display manufacturers to efficiently produce microLED displays, making mass production commercially viable. Smartkem’s technology has the potential to take today’s microLED TVs from high end market prices of $100,000 down to mass market prices.

“Because our transistors are processed at such a low temperature compared to other technologies, we are able to pour them directly on top of the microLEDs, completely eliminating the problematic mass transfer and laser welding processes required with other technologies. The key feature that enables the development of this microLED display is our unique low temperature process that allows the use of low-cost, flexible plastic rather than glass. We believe that, if successful, this collaboration will be a significant milestone for Smartkem in its road to commercialization, and for microLED display product development using our technology.”

Dr. Wei-Lung Liau, AUO’s Chief Technology Officer, added, “AUO has dedicated years to developing the ultimate MicroLED display technology, forging alliances with ecosystem partners to enable mass production. In this collaboration, AUO has developed groundbreaking technologies that boost the high transparency and free-form in applications of MicroLED. With proprietary materials from Smartkem and the OTFT production process from ITRI, we are collaboratively developing the world’s first rollable MicroLED display for potential commercialization with cost advantage. We believe this will create new opportunities for the display industry and continue to expand value chain partner cooperation and influence.”

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