According to multiple sources, Jiangxi Zhaochi Crystal Display Co., Ltd., a new benchmark company in global Mini/Micro LED display, and Xi'an Nova Nebula Technology Co., Ltd., a leading video display control company, have reached a strategic cooperation agreement. The two parties will further deepen in-depth cooperation in the field of Mini/Micro LED display.
He Shengbin, general manager of Zhaochi Crystal Display, and Chen Weiguo, deputy general manager of Nova Nebula, signed the agreement on behalf of both parties. Zhaochi Crystal Display Deputy General Manager Zhang Haibo, Purchasing Director Wu Jianhao, Nova Nebula Marketing Department General Manager He Guojing, Micro Display Department Director Bai Shengwu, Direct Display Business Development Department Director Li Zhanzhao attended the ceremony and witnessed the signing of the agreement.
With the rise of the Internet of Things, cloud computing, big data, artificial intelligence, metaverse and other technologies and the digital economy, new display technologies continue to iterate, and the Mini/Micro LED display market has entered the stage of industrialization explosion.
Mini/Micro LED, as the next generation of new display technology, has the characteristics of high brightness, high resolution, low power consumption, high integration, and high stability. It can be widely used in any display situation from the smallest to the largest size, and extends from flat-panel display to AR/VR/MR, spatial display, flexible display, transparent display, wearable display, smart vehicle display, optical communication, optical interconnection, medical detection and other fields. It innovatively builds a full-scenario application ecosystem to meet the needs of the future trillion-dollar display industry.
In order to accelerate the breakthrough of Mini/Micro LED display technology, promote the industrialization process of Mini/Micro LED display, and help the industry enter the consumer-level market. Zhaochi Crystal Display and Nova Nebula have joined forces to reach a strategic cooperation. Based on the technology, product and market advantages in their respective fields, the two parties will carry out all-round and in-depth cooperation in Mini/Micro LED display fields such as Mini/Micro LED display control solutions, core integrated circuits, and core testing equipment, and jointly promote Mini/Micro LED display technology innovation and industry acceleration.
Zhaochi Crystal Mini/Micro LED display production line equipped with Nova Nebula testing equipment
Jiangxi Zhaochi Crystal Display Co., Ltd. was established in April 2005. It is a wholly-owned subsidiary of the listed company Zhaochi Co., Ltd. (stock code: 002429). It is headquartered in Shenzhen, Guangdong. The company has set up R&D centers in Shenzhen, Beijing, Wuhan, Nanchang and other places. It adheres to a market-oriented R&D strategy, accurately invests in R&D, and builds core technology competitiveness. In the manufacturing fields of smart display products, communication products, LED products, etc., it has mastered and reserved a number of core technologies, such as 4K/8K, flip-chip fine pitch, Mini/Micro LED, etc., we are one of the leading companies in the industry that achieves the ultimate in display panels.
According to Zhaochi’s official website, in 2022, Zhaochi Crystal Display’s Nanchang production base has put into operation 600 production lines. In 2023, Zhaochi Crystal Display plans to build 1,700 lines, aiming to become the world’s largest COB panel base in the Mini/Micro LED market.
Xi'an Nova Nebula Technology Co., Ltd. was established in April 2008. After more than ten years of development, the company has become a leading enterprise in the field of LED display control. Nova Nebula focuses on the research and application of video and display control core algorithms. Its independently developed core technologies and solutions such as ultra-high single-port 8K display technology, ultra-high-definition high-definition video processing technology, point-by-point correction technology, and Mini/Micro LED core testing equipment are at the international leading level and have been successfully used in global innovation frontiers such as the Beijing Winter Olympics, CCTV 8K ultra-high-definition channel, and the Qatar World Cup, helping China lead the world in 5G8K ultra-high-definition display, XR virtual reality integration, and digital intelligent display.
The Mini/Micro LED display control solutions, core integrated circuits, and core testing equipment developed by Nova Nebula for more than ten years have been successfully applied in the industry in batches, helping partners achieve large-scale and standardized manufacturing of MLED displays, and have won high praise from customers.
Looking forward to the future, both parties will work together to surpass competition in the fields of large display and large video through continuous innovation of advanced technology, excellent products and excellent services, create more value for customers, and continuously promote industry progress.
ANNA