Display technology continues to advance rapidly, with iLED (Inorganic Light-Emitting Diode) technology emerging as a leader in the transformation of the display industry. Senior Research Vice President Eric Chiou recently provided insights into the current state and future opportunities of iLED display technologies.
In the television sector, Mini LED backlighting is seeing significant growth, with global shipments expected to exceed 26 million units by 2028. Automakers are also adopting Mini LED backlighting in vehicles for superior HDR and contrast effects, with a projected penetration rate of 6% by 2028.
Mini LED displays are unlocking multi-scenario applications, particularly in ultra-large-size applications. The market value of Mini LED narrow-pitch displays is expected to rise to $6.9 billion by 2028, with an annual growth rate of about 10%. Glass-based Micro LED technology is driving innovation in automotive applications, with a forecasted market value of $600 million by 2028.
LEDoS, a silicon-based Micro LED technology, shows promise for near-eye displays in AR headsets, projected to capture over 30% of the AR market by 2030. Quantum Dot Electroluminescence (QDEL) is hailed as the ultimate iLED display technology, offering high color saturation, low power consumption, and long lifespan.
In related news, South Korea has proposed a Semiconductor Special Act to provide financial support to semiconductor manufacturers and streamline regulations. The government is offering incentives and subsidies to semiconductor companies, with plans to establish a new fund for the semiconductor ecosystem by 2027. These initiatives reflect South Korea’s commitment to supporting the semiconductor industry amid global competition.
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