Zhejiang Hongshi Optoelectronics Technology Co., Ltd. is actively advancing its project for the annual production of 10 million Micro LED microdisplay chips. The project is expected to be completed by June 2025 and will enter production in the second half of the year.

Project Overview
According to Liu Bo, the onsite project manager, the total investment for this project is $17.5 million, with a land area of 80 acres. The first phase of construction covers approximately 31 acres and will focus on the establishment of a manufacturing and packaging base for Micro LED chips. Once operational, the project is expected to generate $35 million in revenue, $11 million in profits, and $3.4 million in taxes.

Background of Hongshi Intelligent Technology
Zhejiang Hongshi Optoelectronics Technology Co., Ltd. is a wholly-owned subsidiary of Hongshi Intelligent Technology Co., Ltd. (hereinafter referred to as “Hongshi Intelligent”). Founded in 2017, Hongshi Intelligent has focused on the research and development (R&D) and manufacturing of Micro LED microdisplay chips. In 2020, Hongshi Intelligent initiated a technological transformation and industry upgrade, establishing a partnership with the Institute of Optics and Electronics of the Chinese Academy of Sciences (CAS). The company also built a nearly 100-person R&D team in high-tech hubs such as Shenzhen, Shanghai, and Suzhou.


Technological Advancements and Capabilities
Hongshi Intelligent has developed core technologies and patents in areas such as 8-inch silicon-based metal bonding, quantum dot conversion, full-color single-chip/three-chip technology, and micro-lens arrays. The company possesses the capability to design optical devices, modules, and the entire production chain.
At the 2024 TrendForce Self-Emissive Display Industry Forum, Liu Yi, Vice General Manager of New Market Development at Hongshi Intelligent, emphasized the company’s unique advantages in Micro LED microdisplay technology. Hongshi Intelligent’s Micro LED technology is already widely used in multiple sectors, including AR glasses, micro-projection, smart car lights, 3D printing, and digital lighting. The company is one of the few in the industry that is expected to ship over 10,000 units by 2024.

R&D Investment and Market Development
In the past four years, Hongshi Intelligent has invested over $1.7 million in R&D and successfully achieved mass production of Micro LED microdisplay chips in June 2024. Following the announcement of mass production, the company received nearly $5.5 million in potential orders.
Product Offerings
Hongshi Intelligent’s Aurora series of products includes three sizes: 0.12 inches, 0.61 inches, and 0.69 inches. The Aurora A6 is the world’s brightest 0.12-inch Micro LED microdisplay chip, featuring a resolution of 640×480 and a brightness of 8 million nits. The product offers multiple interface versions, including MIPI, SPI, and QSPI.
Funding and Future Plans
Currently, Hongshi Intelligent has completed its Angel Round and Pre-A Round financing, and it is actively advancing its A Round equity financing. The company plans to continue increasing its R&D investment and production line construction in order to break through technical bottlenecks and solidify its position in the Micro LED microdisplay field.
Disclaimer: The views and opinions expressed in this article are those of the original authors and do not necessarily reflect the official policy or position of MiniMicroLED Insights . While we strive to ensure the accuracy and reliability of the information provided, the content on this website may include translations, re-edited versions of second-hand information, or information derived from unverifiable sources. MiniMicroLED Insights makes no representations or warranties, express or implied, regarding the completeness, accuracy, or timeliness of such content. The information in this article is for informational purposes only and should not be construed as professional advice. Any reliance you place on such information is strictly at your own risk. To the fullest extent permitted by law, MiniMicroLED Insights disclaims all liability for any direct, indirect, incidental, consequential, or punitive damages arising out of your use of, or reliance on, the information contained in this article.
Copyright Notice: This article may include translated and re-edited content derived from various online sources, including websites and social media platforms. While we strive to credit the original authors and sources to the best of our ability, we may not always be able to verify the original source of the content. All rights to the original content remain with the original author or source publication. Where applicable, this content is reproduced for educational and informational purposes under the fair use doctrine. If you believe any content on this site infringes upon your intellectual property rights, or if you are the copyright owner and believe we have not credited you correctly, please contact us at minimicroled.business@gmail.com. We will investigate and take corrective action, including removing or properly crediting the content if necessary.
Content sourced and adapted by MiniMicroLED Insights (Doris).