Major Taiwanese display maker AUO is stepping up efforts to develop and commercialize micro-LED screens, a technology Apple is also aggressively developing, Nikkei Asia's Lauly Li reported.
Photo Insert: The AUO plan includes scaling back production at its Singapore facility and possibly moving the equipment back to Taiwan and boosting production efforts near its headquarters.
AUO has been increasing its investments in micro-LED display tech to reduce its reliance on its liquid crystal-diode display (LCD) business.
AUO plans to ship its first batch of micro-LED screens for luxury brand Tag Heuer's smartwatches in the final quarter of this year, which could help AUO to attract other clients in wearables, TVs and automobiles.
The AUO plan includes scaling back production at its Singapore facility and possibly moving the equipment back to Taiwan and boosting production efforts near its headquarters.
The display industry has suffered a downturn since last year, and most display makers are looking for new growth drivers. Micro-LED screens are less power-hungry and can be made thinner than organic light-emitting diode (OLED) displays.
Companies like AUO and Apple see these cutting-edge screens as a way to counter the South Korean and Chinese companies that dominate the OLED segment.
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