Huacan Optoelectronics Micro LED project officially started, with a total investment of 5 billion yuan

CTOnews.com July 31 news, Huacan Optoelectronics Micro LED wafer manufacturing and packaging testing base project opening ceremony was held today in Jinwan District, Zhuhai. According to Huacan Optoelectronics, the total investment of the project is 5 billion yuan, with an annual output value of 5 billion yuan after delivery. The total investment of the first phase of the project is more than 2 billion yuan and is scheduled to be put into production in the third quarter of 2024.

▲ image source Huacan Optoelectronic Officer Micro CTOnews.com learned from Huacan Optoelectronic official Weibo that the project products are Micro LED wafers and pixel devices, which will form an annual production capacity of 588000 Micro LED wafers and 45000.00kk pixel devices, mainly for super-large and ultra-small HD display scenes, for large-size commercial display, AR / VR head-mounted display devices and wearable devices and other applications.

According to Huacan Optoelectronics, Micro LED belongs to the next generation of leading display technology, with high brightness, high contrast, high response speed, low power consumption, high reliability, long life and other technical characteristics. Compared with other display technologies, it has significant advantages in image resolution, system life span, distortion and bending design, environmental adaptability, industry chain compatibility and other aspects, and is regarded as the "ultimate solution" in the display field.

Huafa Optoelectronics also said that after its strategic investment in Huacan Optoelectronics in 2021, Huafa Group actively supported its development and growth, and successfully promoted its strategic cooperation with BOE to invest in the construction of a Micro LED high-end chip integration project in Zhuhai, helping to promote the development of a new generation of information technology and integrated circuit industry in Zhuhai.