Sidtek to build a $550 million 12-inch OLED microdisplay fab in Miangyang

[Digital Daily Reporter Bae Tae-yong] The small OLED (organic light-emitting diode) market is expected to continue its rapid growth and exceed 1 billion units in shipments this year. According to the 'Small OLED Display Market Track' released by UBI Research on the 18th, small OLED shipments last year were 980 million units, an increase of about 200 million units compared to 773 million units in 2023. It is expected to easily exceed 1 billion u…

Sidtek to build a $550 million 12-inch OLED microdisplay fab in Miangyang

China-based OLED microdisplay developer Sidtek have signed an agreement with Miangyang's local government to build a 4 billion Yuan (around $550 million USD) 12-inch OLED microdisplay fab.  This new fab will be Sitek's third OLED microdisplay panel production line - it has recently started production at its 12-inch fab in Wuhu, Anhui Province, and it also operates a smaller 8-inch production line in Wuhu as well. Sidtek also building a OLED micr…