eMagin has entered into a merger agreement with Samsung Display, with the transaction valued at $218M.
The partnership with Samsung Display will help eMagin scale production and improve yield, efficiency, and quality control.
- eMagin recently demonstrated an OLED microdisplay with a brightness of 15,000 nits, enabling VR headsets to reach around 1,500 nits with a pancake lens.
- OLED microdisplays have the potential to replace LCDs in VR headsets, offering smaller sizes, higher energy efficiency, and superior visual quality.
- Samsung could integrate these advanced displays into their own mixed reality headsets or sell them to other companies like Meta and Apple.
- The adoption of OLED microdisplays in VR headsets is expected to enhance the user experience, delivering higher pixel density, contrast, and color accuracy.
- As the market for VR and AR continues to grow, advancements in display technology play a crucial role in driving innovation and creating immersive experiences.
- Other major players in the industry, such as Apple and Meta, are likely to explore partnerships and collaborations to leverage OLED microdisplay technology for their own products.