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Last updated: March 5th, 2024 at 13:39 UTC+01:00
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Micro-LEDs aren't that popular as yet but market analysts believe that this display technology has the potential to be brighter and more efficient than OLED displays. Significant technical challenges exist, though, so the technology may not be properly commercialized before 2020.
Samsung isn't the only company that's interested in this technology. Apple acquired micro-LED company LuxVue in May 2014. Sony is working on this display technology as well while Oculus has acquired InfinitiLED, another micro-LED company.
This acquisition will enable Samsung to get a foot in the door, so to speak, as far as this next-generation display technology is concerned. Nothing is confirmed at this point in time but Samsung is reportedly going to pay $150 million for the company. Only time will tell if it decides to do that.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.