Daktronics Invests in XDC, a Leader in Mass Transfer and MicroLED Technology
Series A investments will support XDC’s further development in microLED capabilities and applications. MicroLED technologies support Daktronics’ line of narrow pixel pitch LED displays and will enable solutions to move into the realm of less than 1-millimeter line spacings.
“We see a lot of promise in microLEDs and the products we can produce with this technology,” said
“With our roots in mass transfer technology, we’re expanding into the LED space with a significant amount of potential in the large display market,” said XDC CEO
MicroLEDs are less than 50 microns in size and significantly reduce the space need to create pixels that form an image on a display. MicroLEDs are thin, lightweight and power-efficient solid-state devices that emit light that can be manufactured as semiconductor wafers on both flexible and rigid substrates, making them highly suitable for use in full-color displays. MicroLED displays are in the early stages of capturing a growing share of the $150+ billion display market, especially in the mobile phone, television, signage and automobile applications.
XDC is a leader in the research, development and commercialization of microLED and microIC technologies and semiconductor components for use in display applications. In addition, XDC has developed one of the premier mass transfer process technologies that enable the manufacture of very large displays. XDC has established a significant portfolio of proprietary microLED technologies, microelectronic components, and digital architecture primarily through XDC’s internal R&D efforts as well as licensed patents from the
XDC believes that microLEDs offer potential advantages over competing display technologies with respect to brightness, power efficiency, contrast ratio, viewing angle, video response time, form factor and manufacturing costs. XDC’s technology leadership and intellectual property position enables them to capture a significant share of the overall display market as their technology is broadly adopted.
SAFE HARBOR STATEMENT
Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect Daktronics’ expectations or beliefs concerning future events.
Source: Daktronics, Inc.