Emagin OLED microdisplay technology gains investment from Apple LG and Valve

Emagin OLED microdisplay technology gains investment from Apple, LG, Valve Although it is not a household name in the OLED industry, Emagin seems to have attracted the attention of several technology giants, including the VR and AR programs underway. Emagin has produced Military, medical and industrial OLED microdisplays, but they are already beginning to target their technology toward the growing consumer ear VR headset market.Emagin is now getting funding from companies such as Apple, LG and Valve, according to a new SEC filing .

Emagin's top OLED microdisplay provides 2048 x 2048 resolution and promises about 70% fill factor, and the company said that combining this technology with consumer VR headsets will improve image quality and make it nearly Eliminate annoying 'screen door effects' that plague contemporary VR devices. "Given these specifications, it's easy to understand why VR helmet manufacturers are interested in Emagin's technology.

According to a filing by the Securities and Exchange Commission in January, Emagin issued $ 10 million of new shares to "certain investors," including Apple, LG and Valve, etc. SEC filings also include filings from OLED microdisplay manufacturers The following statement: 'We have entered into strategic cooperation agreements with a number of leading consumer products companies to produce miniature display products for consumer headsets and to work with these companies to negotiate with higher volume producers for higher volume Production capacity.

This seems to indicate that these new investors are very much interested in the mass production capabilities of Emagin, and as the Road to VR says, companies such as Apple, LG and Valve may have formed an alliance to create enough demand to help Emagin Get a large enough volume at a reasonable price.