March 2024 | Has Apple just dealt a blow to the microLED industry?
Courtesy of Yole Group, 2024

March 2024 | Has Apple just dealt a blow to the microLED industry?

Today, Yole Group is delighted to bring you two articles dedicated to Apple's abandon of microLED smartwatches, after spending more than $3 billion to develop the technology.?

This will bring you an up-to-date overview of what is happening in the industry worldwide. More data and information are also available on yolegroup.com.

Stay tuned!

Did Apple just kill the microLED industry?

Courtesy of Yole Group, 2024

After spending more than $3 billion to develop the technology, 苹果 pulls the plug on microLED. It was business as usual Monday at Apple’s microLED team. Meetings with suppliers, placing orders for consumables, running tests and experiments in the labs and pilot lines, checking on progress at 艾迈斯欧司朗 ’s new 200 mm microLED fab, etc. But then the axe fell…

On Tuesday, hundreds of people, Yole Group believes essentially the entire microLED team of more than 350 people, were laid off. Osram, who had just completed a more than $1 billion fab in Malaysia (known as “Kulim 2”) to meet Apple’s needs for the project, received the news from Apple that the project was canceled.?Why did Apple flush everything down the drain?

Full article written by Eric Virey

Apple abandons its microLED development. Is the dream dead?

Courtesy of Yole Group, 2024

The news came as a shock on Tuesday

Apple pulled the plug on their microLED effort for the future smartwatch that was anticipated to be released by 2026. Hundreds of people working at the company’s secret facility in California were let go, and in a swift move, their manufacturing partner, ams-Osram, was informed.

Yole Group has been following the microLED industry since 2017 with its annual MicroLED report and tirelessly traveling the world to present our analyses, so we would like to take the opportunity of this groundbreaking news to reflect upon what it means for the whole industry...

Discover the full analysis writen by Zine B.

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Public Relations – Yole Group of Companies

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