Smartkem currently has a series of organic thin film transistor (Organic TFT) ink technology that can be used directly at lower temperatures. The top of the Micro LED lamp bead is processed using a low-cost plastic substrate. Laser welding is not required in Micro LED production, and the number of large-volume transfers can also be reduced.
Smartkem Chairman and CEO Ian Jenks said:
We believe that working with AUO, a global leader in the display industry, to develop new Micro LED displays will push Smartkem's technology to the forefront of commercialization of Micro LED displays.
Our unique transistor technology has the potential to enable display manufacturers to produce Micro LED displays efficiently, making mass production commercially viable.
Smartkem's technology has the potential to bring today's Micro LED TVs down from the high-end market price of $100,000 to mass-market prices.
AUO Chief Technology Officer Liao Weilun said:
AUO has been developing ultimate Micro LED display technology for many years and has formed alliances with ecosystem partners to achieve mass production. In this collaboration, AUO has developed breakthrough technology that improves the high transparency and free form of Micro LED in applications.
With Smartkem's proprietary materials and ITRI's OTFT production process, we are collaborating to develop the world's first cost-effective, potentially commercializable rollable Micro LED screen
We believe this will create new opportunities for the display industry and continue to expand cooperation and influence among value chain partners.
Display Industry Analyst DSCC CEO Ross Young commented on this collaboration:
This is an exciting project: if successful, it will demonstrate the cost-effectiveness of Smartkem technology in the most demanding Micro LED applications and could generate significant market interest.
ANNA