Lakeside Lightning Semiconductor Announces Plan for 12” OLED Manufacturing Line to Launch the World’s Largest 1.31-inch 2.6k x 2.6k Display in Partnership with Kopin Corporation - Seite 2

Dr. John C.C. Fan, Chairman of Lightning Silicon, an early pioneer of Micro LED displays and a member of the American Academy of Engineering, commented, “Silicon-based microdisplays is one of the core technologies required for the Metaverse. The technical barriers to mass production of 1.31-inch silicon-based microdisplay is very high and needs state of the art production facilities. LLS has acquired 119 acres land in Yixing Environmental protection technology industrial park of China for 12-inch silicon microdisplay mass production lines for fabricating 1.31-inch ultra-high-definition, high brightness silicon-based OLED microdisplays.”

For the silicon-based micro-display (Micro OLED, Micro LED) in which LLS is engaged, it is a product extension of IC industry chain and a key component of the “Metaverse” which is among strategic emerging industries.

In March 2021, Roblox of United States included “Metaverse” into its prospectus for the first time. This attracted the attention of many industrial sectors. In October same year, Facebook changed its name to Meta. Metaverse thus triggered the second wave of VR/AR. Apple, Amazon, Microsoft, Google and other major companies have initiatives in this industry.

Mr. Wu Di, Chairman of LLS, a professor of Shenzhen-Hong Kong Institute of Microelectronics (National Level) stated, “Jiangsu Province highly pay attention into the development of strategic emerging industries. Silicon-based Microdisplay is one of the most important industrial development direction in the future. Lakeside Lightning Semiconductor will full focus on build up a 12-inch producing line under low-cost and high-yield to provide global customer silicon-based microdisplays with low cost and excellent performance, so that customers can produce their VR end-user product with better experience.”

About Lakeside Lightning Semiconductor (LLS) Co., Ltd.

LLS is an OLED technology developer and OLED microdisplay manufacturer having an 8" factory in Changzhou, China and building a 12" factory in Jiangsu, China. For more information, please visit LLS’s website at www.hupanoled.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230111005337/en/

The Kopin Stock at the time of publication of the news with a raise of +9,28 % to 1,531EUR on Tradegate stock exchange (10. Januar 2023, 21:57 Uhr).