R&D Portfolio Assessment of MicroLED Reveals New Growth Opportunities
Consumer electronics industry set to witness wide-scale adoption of micro-LEDs in the near term
Research Overview
With the internet-of-things (IoT) trend setting in, more and more products are integrated with features and applications leveraging rich multimedia features resulting in higher power consumption and reduced battery cycle of these devices.
Display components of smart devices consume a majority of the power, thus manufacturers and developers are under constant pressure to develop a next-generation innovative display technology to increase the battery life of smart electronic devices and appliances.
Considered as the next-gen of display technology, micro light-emitting diodes (Micro-LEDs) consume less than half the power consumed by traditional display solutions while providing extremely high resolution for an enhanced viewing experience for consumers.
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