San’an and CSoT launch their microLED Joint Venture

What They Say

Weixin (via MicroLED-Info) said that MicroLED developer San’an Optoelectronics has progressed a $43 million deal with TCL’s CSOT to develop a new company called Xiamen Xinying Display Technology which will set up an R&D facility in the Xiang’an industrial zone.

What We Think

This is not a huge investment, but as the saying goes ‘A journey of a thousand miles starts with one step’. (BR)

Trucks in Xiamen proc