In May 2018 we reported that Foxconn is stepping up its Micro-LED R&D efforts, and the company acquired US-based micro-LED assembly process developer eLux and also acquired a 7.32% stake in Taiwan-based LED developer and producer Epileds Technologies specifically with an aim to get access to Epileds' Micro-LED technologies.

According to Economic Daily News, the Foxconn Group is increasing its Micro-LED involvement, gearing up three of its subsidiaries to push forward with Micro-LED development - Advanced Optoelectronic Technology (AOT) Epileds and Marktech.