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Porotech raises £3m for InGaN RGB microLEDs

by Bob Raikes

What They Say Porotech of the UK announced that it has raised £3 million ($4.2m) to find the next stage in the development of its technology (Porotech Offers Native Red LED Epiwafers for MicroLED …

Tags:Investment| MicroLED| R&D (Research & Development)

India Eyes LCD Investment

by Bob Raikes

What They Say A number of sources, including Digitimes, have reported that the Indian government is looking to invest to build LCD production in the country. The Secretary of MeitY (the Ministry of Electronics …

Tags:India| Investment| LCD Fabs

Valens Industrial HDBaseT proc

Valens Goes for IPO via SPAC

by Bob Raikes

What They Say Valens, the Israeli fabless chip company behind the HDBaseT technology, sent us a mail to say that it is going public using a ‘SPAC’, PTK Acquisition Corp (PTH), and listed on …

Tags:HDBaseT| Investment

LCD Capex Up, OLED Down

by Bob Raikes

What They Say Our Display Daily today is a guest article from Bob O’Brien of DSCC and covers OLED materials, but Ross Young from the firm also published a blog about capex in the …

Tags:Investment| LCD Fabs| OLED Fabs

Facebook will keep investing heavily in AR and VR

by Bob Raikes

What They Say During Facebook’s Q1 2021 earnings call, Marki Zuckerberg highlighted the continued investment in AR & VR as a key to ‘the next computing platform’. In a comment that was aimed at …

Tags:Augmented Reality| | Financial Data| Investment| Virtual Reality

Campfire Emerges from Stealth

by Bob Raikes

What They Say Campfire is a new company that has come out of stealth, although the firm is reported to have had its roots in the Meta AR firm which dissolved in 2019. The …

Tags:Augmented Reality| Investment

Apple Commits $430 Billion in US Investments Over Five Years

by Bob Raikes

What They Say Apple said that it planned to invest $430 billion in the US over the next five years and committed to build a new North Carolina Campus in the Research Triangle Area. …

Tags:Apple| Investment| R&D (Research & Development)| USA

Foxconn mostly abandons $10 billion Wisconsin project touted by Trump

by Bob Raikes

What They Say To the surprise of nobody in the display analyst community, we suspect, Reuters reported that Foxconn has formally acknowledged that its planned ‘Wisconsin project’, backed by ex-President Trump, will not be …

Tags:Foxconn (Honhai)| Investment| Large LCD Supply| USA

Epic Games, developer of 3D engine Unreal, raised $1 Billion

by Bob Raikes

What They Say VentureBeat reports that Epic Games has raised $1 billion to help fund its development of a ‘metaverse’ and the round values the company at $28.7 billion. Among the investors was Sony …

Tags:3D (Three Dimensions)| Augmented Reality| Investment| The Metaverse| Virtual Reality

CCWei TSMC

TSMC Cancelling Price Cuts

by Bob Raikes

What They Say The Nikkei said that it had seen a letter from TSMC to clients asking them to accept higher prices so that it can ramp up investments as it has seen a …

Tags:Investment| Semiconductor Market| TSMC

Solus begins construction of OLED material plant in China

by Bob Raikes

What They Say The Elec from Korea reported that Solus Advanced Materials has started to build a new factory for OLED materials in Changzhou, Jiangsu province in China. At just $20.5 million, it’s not …

Tags:China| Investment| OLED Materials| Production Capacity