ETRI develops technique to make microLED TVs up to 20 times cheaper
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According to the state-funded research institute on Tuesday, the new technique which uses laser melding combines two separate manufacturing processes into a single one, making it possible to lower the price of a microLED TV by up to 20 times.
The microLED TV which utilizes individual microscopic LEDs excels LCD or OLED versions in contrast, response times and energy efficiency, but the complex manufacturing process makes it too expensive. Samsung’s 110-inch microLED TV with a price tag of $145,000 is out of reach for ordinary consumers.
ETRI is in talks with several companies over its potential license deal. Commercial production is expected to begin from 2023 once the deal is sealed.
The microLED market is projected to grow at 65 percent CAGR until 2027, according to market tracker Omdia last year.
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