On October 29, 2024, at the 2024 TrendForce Self-emissive Display Industry Seminar, Liu Yi, Vice President of New Market Development at Hongshi Intelligence Tech, delivered a presentation titled “The Era of Micro Displays is Approaching, Seizing Market Opportunities for Micro LED,” sharing the latest advancements of the company in the field of Micro LED microdisplay technology.

Advantages of Micro LED Technology
Liu pointed out that in the realm of micro displays, Micro LED technology has gradually become the mainstream choice for future display technologies due to its significant advantages in brightness, resolution, color gamut, response speed, and lifespan compared to other display technologies. This technology is being widely applied in various scenarios, including micro-projection, augmented reality (AR) and virtual reality (VR) devices, smart car lights, 3D printing, AR heads-up displays (HUD), wearable devices, and smart lamps.

Background and Investment of Hongshi Intelligence Tech
Hongshi Intelligence Tech is optimistic about the development of Micro LED microdisplay technology. Since entering the microdisplay field in 2017, the company has established research and development centers in Shanghai, Shenzhen, and Suzhou. Following market research, Hongshi began investing in the development of Micro LED microdisplay technology in 2020, with total investments exceeding 100 million yuan. The company has mastered several core technologies and patents, including 8-inch silicon-based metal bonding, quantum dot conversion, single-triplet full color, and micro-lenses.


Application Scenarios and Partnerships
Liu elaborated on the applications of Hongshi Intelligence Tech in the Micro LED field. He stated that Micro LED products cover a range of sizes from 0.12 inches to 0.69 inches, primarily applied in AR glasses, micro-projection, and smart car lights. The company has established close partnerships with leading consumer electronics companies both domestically and internationally, which are expected to accelerate the market launch of these products.

Manufacturing and Mass Production Capabilities
Regarding manufacturing, Liu introduced the advantages of Hongshi Intelligence Tech. The Yancheng factory, after years of accumulation, has mature experience in semiconductor packaging and mass production, allowing it to deliver Micro LED products at the highest standards. Despite the high research and development barriers associated with Micro LED technology, Hongshi Intelligence Tech remains committed to this direction, aiming to secure a place in the market.

Market Outlook
Liu projected a promising future for the Micro LED market, especially in applications for smart car lights and 3D printing. As the technology continues to mature, Micro LED is expected to experience a market explosion, and Hongshi Intelligence Tech is well-prepared. Through its unique advantages in the Micro LED microdisplay field, Hongshi Intelligence Tech has successfully applied its technology in AR glasses, micro-projection, smart car lights, 3D printing, and digital lighting. The company is poised to become one of the few Micro LED chip companies with the capability of over 10,000 orders and shipments in 2024.
This presentation provided attendees with an in-depth understanding of the latest developments in Micro LED technology and its market opportunities, offering valuable insights and guidance for the future development of the industry.
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