High-precision 3D sensing developer CyberOptics Corporation announced its financial results for Q2 2020, with $16 million in sales and a net profit of $1.6 million. The company says it is enjoying a "first-mover status" in the microLED inspection and metrology market.

CyberOptics says that at the end of the quarter it received a $2.5 million order for SQ3000 Multi-Function systems for micro LED applications, and additional micro LED-related orders are anticipated during the second half of 2020.

LG Electronics will soon launch its first microLED TV. These are tiled TVs, made from seamlessly connected 640x360 tiles - these are similar TVs to what is available today from Samsung, Sony and Konka.

These new microLED TVs will likely target the commercial market and also ultra-premium residential installations - and will be LG's flagship TVs. LG will be selling these under its business solutions unit, and it seems as if it will start shipping in August 17, 2020.

LG Electronics will soon launch its first microLED TV. These are tiled TVs, made from seamlessly connected 640x360 tiles - these are similar TVs to what is available today from Samsung, Sony and Konka.

These new microLED TVs will likely target the commercial market and also ultra-premium residential installations - and will be LG's flagship TVs. LG will be selling these under its business solutions unit, and it seems as if it will start shipping in August 17, 2020.

Last year Taiwan-based LED producer Epistar announced a partnership with China-based LED display maker Leyard Opto-Electronic to setup a Mini-LED and Micro-LED production site in Wuxi, China, in a $142 million investment. Today Digitimes reports that production equipment in Wuxi will be completed by the end of the month, trial production will start in August and mass production will commence in October 2020.

Leyard Opto-Electronic, Epistar's partner, recently unveiled new 2K microLED display modules that can be used individually or combined vertically. The displays come in 40-, 56-, 67- and 81-inch in size. The micro LED chip size is below 100 microns, the pixel pitch is around 0.7 mm in size.