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Kubos’ gains £700,000 Innovate UK grant to develop 5%-efficient red micro-LEDs

What happened

Kubos Semiconductors secured a £700,000 Innovate UK grant and its first customer order to develop 5%-efficient red micro-LEDs. The funding is contingent on matched investment from the Development Bank of Wales. Neutral: This is an early-stage R&D milestone with no immediate impact on commercial supply, pricing, or inventory for traders.

Impact and signal

Low impactImpact score: 8/100

Affected components and suppliers

Micro-LED
Kubos Semiconductors Ltd
R&Dgrant-fundingmicro-led

Source and time

Source: Semiconductor Today · 8/2/2023 · View original source

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