Rayvision Technology, a leading producer of OLED microdisplays, has announced a major agreement with the local government in Changsha, China to construct a 12-inch OLED microdisplay fab at a cost of 3 billion Yuan (approximately $415 million USD). While specific details about the fab have not been disclosed yet, the company currently operates an 8-inch OLED microdisplay fab in Guangxi, which began production in March 2024 and has an annual capacity of 400,000 microdisplays.
In other news, the OLED Toolbox, a vital resource for professionals in the OLED microdisplay industry, has been updated in February 2025. This comprehensive toolkit offers valuable insights into market trends, technological advancements, and industry dynamics. It includes in-depth analysis on key developments like the rising use of OLED microdisplays in AR/VR, consumer electronics, and automotive applications. With expert guides, detailed market data, and contributions from industry leaders, the OLED Toolbox helps businesses make informed decisions, identify potential customers, and optimize their strategies in this fast-growing sector.
This partnership between Rayvision Technology and the Changsha government signifies a significant investment in the OLED microdisplay industry, showcasing the company’s commitment to growth and innovation. The updated OLED Toolbox further solidifies Rayvision’s position as a leader in the industry, providing essential resources for professionals to stay ahead of the curve in this dynamic market.
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