In early April, China’s leading LED chip technology company, HBHC Optoelectronics Technology Group, announced that it would invest 1.5 billion yuan in the construction of Mini/Micro LED and GaN power device projects, of which 1.2 billion will be invested in Mini/Micro LED projects, mainly for the production of Mini/ Micro LED epitaxial wafers, Mini/Micro LED chips, etc.
On December 1, HBHC and Semicon Light signed a flip chip patent technology licensing agreement. This technology is considered a key technology for new displays such as Mini/Micro LED. HBHC is planning to provide LG Electronics with Micro LED chips for new Micro LED display products.