The MicroLED-Info newsletter (August 23, 2022)

PlayNitride debuted on the Taiwan Stock Exchange, and the company, now public, trades on the Taiwan Innovation Board - this is the first company on the new board. The ticker for PlayNitride is 6854.

PlayNitride revealed that in 2021 it posted a net loss of around $40 million USD. In the first seven months of 2022, its revenues reached around $7.3 million USD, up 255% from the same period in 2021. The Company also revealed that it currently produces between 1,500 to 2,000 6-inch microLED wafers each month. PlayNitride expects to turn a profit in 2023.

Samsung is offering high-end microLED ultra-premium TVs, and has recently made plans to start producing smaller-size LTPS-based panels in an attempt to widen the market (even though prices are still extremely high and volume is very low).

According to a new report from Korea, however, not only that Samsung cannot really find customers for its TVs (which isn't a surprise given the price), the TVs are also suffering from high defect rates - even in units shown in retail or showcase events. The report suggests that the high level of defects in the TVs have caused Samsung Electronics to decide to currently not expand its microLED TV lineup, and has postponed the release of 80-inch and 90-inch products indefinitely.