Apple acquired LuxVue, a micro-LED specialist back in 2014. Since that time there's been a number of patents from LuxVue and Apple that we've covered such as this one and our display archives provides many more. First generation micro-LED devices were expected to be smartwatches and mixed reality headsets. A forecast for micro-LED, as shown below, shows that the ramp-up in the market would start in 2020 at 50 million units to 248 million units by 2023 and eventually hitting 329 million units by 2025. The chart shows that smartwatches will lead the way.
A new Chinese report is now claiming that Apple will begin selling Apple Watch with micro-LED displays as soon as next year with orders going to two Taiwanese suppliers, Yuchuang and Sic Bo, instead of LG that currently supplies Apple.
In May this year, Suibao acquired about 10% equity and strategic alliance through the stock exchange, and entered the production, R&D and sales of Micro LED, and deeply integrated the wearable device market. Both parties have completed the development of Micro LED modules and will be open at 2019 SID. Debuted in research and development, it is now popular with Apple, which symbolizes a major breakthrough in Taiwan's new generation of display technology, and is the first time that Taiwanese companies have taken orders for Apple's new generation of display applications.
The original Chinese report could be read here with the full Google translation presented below. Whether the two Taiwanese firms are trying to drum up business by mentioning Apple as a lure for other smartwatch makers or in fact have won contracts with Apple is unknown at this time.
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