Kopin Corporation Expands OLED Business With New Customers, New Orders

Kopin Corporation, a leading developer and provider of high-resolution microdisplays and display subassemblies for defense, enterprise, industrial, consumer and medical products, announced it has received new orders for its Organic Light Emitting Diode (OLED) displays and silicon backplane products for new customers and new applications.

These competitive design “wins,” which Kopin has been working with the customers for evaluation and design-in over a period of months, are a testament to the performance advantages of Kopin’s OLED products.

Kopin commenced shipping its Lightning® 720p OLED microdisplays to a new customer for use in thermal imaging viewfinders – an application where Kopin sees significant interest in its microdisplays. The 0.49-inch-diagonal 720p display incorporates Kopin’s ColorMax® technology for superb color fidelity (greater than 90% sRGB average) and a duo-stack OLED structure for high current efficiency (over 10 candela per ampere). The power consumption of 720p displays is very low, typically ~ 160 mW at 2000 nits.

Separately, Kopin has received an order from a new customer for its Lightning 2K OLED backplane wafers. Kopin’s Lightning 2K backplane is the critical building block to manufacture 1-inch diagonal OLED microdisplays with 2048 x 2048 resolution that can run at up to 120 Hz with low power consumption. Kopin’s backplane, designed for high-resolution, mid-to-high-end VR or AR applications is the “brain” of the finished 2K x 2K microdisplay.

“We believe these new orders confirm the competitive advantages of our highly advanced backplane designs and display performance,” said Dennis Natale, VP/GM of Kopin OLED Displays. “They also validate the power of our fabless business model, under which we either sell finished OLED microdisplays to our customers by working with our OLED foundry partners or sell our highly advanced, proprietary backplane wafers to OLED OEM partners, who complete the microdisplays for sale to their own customer base. This business model provides more flexibility to meet customer demands without incurring the major fixed capital investment associated with the OLED deposition process. We continue to work on design wins with other new customers.”

About Kopin

Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for military, industrial and consumer products. Kopin’s technology portfolio includes ultrasmall Active Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs.