Hot topics of the week: SID display becomes the focus of the week, technological innovation and industrial upgrading go hand in hand

This week, the LED industry hot spots focus on display technology innovation and industrial upgrading. The 2025 SID Display Week opened in California, USA, with many well-known companies displaying their latest display products. In addition, LED companies continue to make efforts in project promotion, technological breakthroughs and new product releases, and the industry is steadily moving towards high-end development.

[Selected Events]

SID Display Week 2025 officially opened in California, USA

On May 13, SID Display Week 2025 (SID 2025) officially opened at the San Jose Convention Center in California, USA. The application scope of the exhibits covers medium and large-sized displays, transparent displays, mirror displays, vehicle-mounted displays, near-eye displays and other fields. Exhibitors include AUO, TCL CSOT, Unilumin Technology, Chenxian Optoelectronics, Digital Optical Core, BOE, Tianma and other companies.

The main body of Leyard Changsha LED Industrial Park is capped

On May 14, the main structure of Leyard Changsha LED Industrial Park was capped, with a construction area of ​​66,000 square meters. The project, with a total investment of 1 billion yuan, is located in Changsha Wangcheng Economic Development Zone and integrates LED smart display equipment, 5G smart lighting and optoelectronics R&D and production. After the project is put into operation, the annual output value is expected to reach 2 billion yuan, and the annual tax revenue will exceed 60 million yuan, creating an intelligent industrial base.

Nitron invested US$19 million to establish a wholly-owned subsidiary

On May 9, the board of directors of Nitron Technology passed a resolution to invest no more than US$19 million (approximately NT$610 million) to establish a wholly-owned subsidiary in mainland China, focusing on the production, manufacturing and sales of panel components and modules, aiming to expand the mainland market.

Nova Nebula and Dahua Technology have reached a cooperation

On May 13, Nova Nebula and Dahua Technology signed a strategic cooperation agreement. The two parties will cooperate in the field of smart commercial display, focusing on promoting technology research and development, market expansion and channel construction, and jointly promote the product development and implementation of "display hardware + AI algorithm + scene application".

Two AR glasses companies completed latest financing

Recently, AR glasses company XREAL received an exclusive investment of 200 million yuan from Pudong Venture Capital, bringing its cumulative financing to more than 100 million US dollars. Weiguang Technology has completed nearly 50 million yuan in Pre-A round of financing, focusing on the integration of AI and AR. It has launched the Micro LED AR clip-on Xuanjing M5, and plans to release two full-color smart glasses in 2025 to accelerate the implementation of smart AR.

Avicena completes US$65 million in financing

Avicena, an American Micro LED chip interconnect technology company, completed US$65 million in Series B financing, bringing its total financing to US$120 million. The funds will be used to expand the team and promote mass production of the first product. The LightBundle? technology developed by Avicena is based on GaN Micro LED, has low power consumption, low latency and high bandwidth density, and is suitable for high-performance computing, AI and 5G fields.

IQE’s Micro LED wafer orders have increased

Recently, British compound semiconductor foundry IQE announced its 2024 performance report, mentioning that it had extended its cooperation with an AR smart glasses design company and obtained an annual purchase order commitment based on gallium nitride Micro LED display technology.

Aledia will provide 3D nanowire Micro LED wafer samples in the second half of this year

French 3D structure GaN LED technology developer Aledia announced that it will launch a new mass-produced FlexiNOVA epitaxial wafer platform in the second half of this year and provide customers with the first batch of 6V and 9V model samples.

Dongshan Precision plans to acquire GMD Group

On the evening of May 13, Dongshan Precision announced that in order to promote its globalization strategy, expand the European industrial layout and expand the auto parts market, the company's subsidiary DSG plans to acquire 100% of the equity of GMD Group and simultaneously promote its debt restructuring. The transaction amount is approximately 100 million euros (approximately 814 million yuan).

【Technological breakthroughs and new product releases】

Haimixing jointly developed China's first wafer-level Micro LED chip non-contact electroluminescence testing engineering prototype

On May 12, Haimixing and Fuzhou University successfully developed China's first wafer-level Micro LED chip non-contact electroluminescence testing engineering prototype FED-NCEL. The equipment can conduct non-contact electroluminescence inspection of red, green and blue Micro LED epitaxial wafers, wafers (COW) and chips transferred to temporary carriers (COC).

Pimax releases new Micro OLED VR product

Recently, Pimax released a new VR headset Dream Air SE, equipped with a Micro OLED display produced by Sony, with a single-eye resolution of 2560×2560 pixels. The optical solution adopts a thin and light Pancake lens design, integrates eye tracking, and supports automatic interpupillary distance adjustment and dynamic gaze point rendering technology.

Sharp releases a variety of quantum dot OLED and MiniLED TVs

On May 14, Sharp released eight 4K QD-OLED TVs and five Mini LED TVs in Japan. All series are equipped with AI audio and video processing technology, and added an exclusive vision detection and recording function

Xiaomi Europe released the 2026 4K QLED TV F Pro

On May 14, Xiaomi launched the F Pro 2026 series 4K in Europe QLED TV, with metal narrow frame design, six size options (32/43/50/55/65/75 inches), equipped with Amazon Fire TV operating system, and supports Alexa voice assistant.

Shengse launches 24.5-inch monitor equipped with QD-MiniLED backlight partition

Recently, SANC released a 24.5-inch "DM55" monitor with 2560×1440 resolution, 320Hz overclocking, QD-Mini LED backlight partition, maximum brightness of 1000 nits, 1ms response, dynamic contrast ratio of one million to one, and 99% sRGB color gamut. It supports night light and headphone hooking, and is priced at 1,699 yuan, which is about 1,360 yuan after national subsidies.

Philips releases new display product, equipped with W-LED backlight Fast IPS panel

Recently, Philips released the Evnia 25M2N5200U display, 24.5 inches, 1080p resolution, 390Hz refresh rate, 1ms response, 400 nits brightness, DisplayHDR400 certification, supports AdaptiveSync and multiple eye protection functions, and has rich interfaces.

【Corporate Performance】

Seoul Semiconductor’s revenue in the first quarter was 239.2 billion won

Seoul Semiconductor released its first quarter results for 2025, with revenue of 239.2 billion won, a year-on-year decrease of 1% and a month-on-month decrease of 11%. Operating profits continued to suffer losses, with adjusted earnings before interest, taxes, depreciation and amortization of 4 billion won, with a profit margin of 2%. Performance is affected by macroeconomic fluctuations and seasonal demand. Looking forward to the second quarter of 2025, Seoul Semiconductor predicts that the company's revenue will be between 260 billion and 280 billion won, a month-on-month increase of 9% to 17%, and a year-on-year decline of approximately 1% to 8%. It is expected that as demand for automotive and IT display and lighting businesses recovers, Seoul Semiconductor's revenue and profitability will gradually improve.

Fucai’s revenue in the first quarter increased by 0.9% year-on-year

Fucai’s revenue in the first quarter of 2025 was NT$5.632 billion, a year-on-year increase of 0.9% and a month-on-month increase of 2.3%. The net loss after tax was 442 million yuan. The loss improved from the same period last year and the previous quarter, and the EPS was -0.6 yuan. Product revenue composition in the first quarter: automotive 22%, sensing 9%, professional lighting 10%, TV backlight 14%, laptop/monitor/mobile phone backlight 19%.

Liqing’s revenue in the first quarter increased by 16.99% year-on-year

Liqing’s consolidated revenue in the first quarter of 2025 was NT$2.049 billion, a year-on-year increase of 16.99%. Thanks to the growth in orders for LED car lighting modules and headlight controllers, the operating net profit was 35.52 million yuan, a year-on-year increase of 81.21%. Net profit after tax was 30.45 million yuan, basically the same as last year, and earnings per share were 0.25 yuan. Revenue in April was 809 million yuan, an increase of 14.26% from the previous month.