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Kubos adds $2m investment to double red micro-LED efficiency for AR/VR displays

What happened

Kubos Semiconductors raised an additional $2 million, bringing total funding to $5.5 million, to accelerate development of its cubic-phase GaN technology aimed at doubling red micro-LED efficiency. This early-stage R&D milestone targets the AR/VR display market, with a goal of commercial IP licensing within three years. Neutral: This is a long-term, pre-commercial technology development with no immediate impact on component supply, pricing, or trader decisions.

Impact and signal

Low impactImpact score: 8/100

Affected components and suppliers

micro-LEDGallium Nitride (GaN)
Kubos Semiconductors Ltd
R&Dfundingefficiency-gainAR-VR

Source and time

Source: Semiconductor Today · 5/7/2024 · View original source

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