LED developer Lextar and microLED display developer X Display Company (XDC) announced that the two companies entered into a development, licensing and services agreements. Lextar licensed XDC's IP and Lextar will supply its high-performance microLED chips to XDC's customers.

Lextar says that this agreement will accelerate the commercialization of next-generation microLED displays, and its customers can now benefit from a one-stop service, from microLED chips to display modules.

Last month France-based 3D GaN LED developer Aledia announced that it plans to establish a 140 million euros LED production fab in Champagnier, near Grenoble in France. Today the company announced that it closed €80 million in funding, out of the planned €120 million Series D investment round.

The lead investor in this round is the Investment Fund Société de Projet Industriel (SPI), a fund managed by Bpifrance. SPI is joined by the majority of the existing strategic investors, including Intel Capital.

In May 2020, China-based MicroLED microdisplay developer Jade Bird Display announced a new 0.13" VGA microdisplay - which it says is the world's smallest microdisplay. JBD today announced that next month it will stat selling these displays.

The JBD4UM480P microLED display is a monochrome 640x480 0.13-inch display, that offers a brightness of 2 million nits (green), 200,000 nits (red) or 150,000 nits (blue), with a power consumption of a few hundred milliwatts under average operation conditions.