OLED microdisplay developer Seeya Technology is set to IPO soon at the Shanghai Stock Exchange. The company plans to raise 2.015 billion yuan (or around $281 million USD).
Seeya Technology was established in 2016, and is the first of the new OLED microdisplay companies in China that managed to achieve mass production of high-quality OLED microdisplays.
In April 2024, Seeya announced that it is starting to build its second OLED microdisplay production line, in Shanghai. The new production line will have a monthly capacity of 9,000 300 mm substrates, similar to the company’s first line which is already in mass production. The total cost of the new fab is expected to reach 2 billion Yuan (around $275 million USD).
Seeya is currently producing OLED microdisplays in a 300 mm production line in Shanghai. Seeya’s current standard displays range from 0.49″ FHD displays to 1.03″ 2.5K ones.
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