Hot topics of the week: Huike MLED base will start trial production at the end of the year, Absen and Nova Nebula acquire land

Before and after the National Day, the LED and display industry chain has made new progress in areas such as investment and construction, technology research and development, and application implementation. BOE Huacan Optoelectronics' application for private placement was accepted, Absen and Nova Nebula acquired land in Shenzhen; glass-based MLED products light up, Micro LED expands medical applications, new AR glasses, optical waveguide pilot platform and high-speed optical communication cooperation are also reported one after another. The following summarizes the key developments of this week.

[LED Display]

Huike's 10-billion M-LED chip base is about to be put into trial production by the end of the year

Recently, according to Nanchong Radio and Television, Huike's full-color M-LED new display chip base with a total investment of about 10 billion yuan has entered the electromechanical installation stage, and currently about 80% of the overall physical engineering volume has been completed. The project is expected to complete the clean workshop handover in mid-November, the first batch of photolithography, epitaxy and packaging equipment will arrive in late November, and comprehensive linkage debugging will be launched in December. The first phase of the project is expected to be ready for trial production by the end of the year.

Absen and Nova Nebula acquire land in Shenzhen to promote the construction of R&D headquarters and technology parks respectively

On October 8, seven industrial land parcels were transacted in Longgang District, Shenzhen City. Absen and Nova Nebula respectively won two new industrial parcels of land in Bantian Street. Among them, Absen plans to build a global R&D headquarters building, and Nova Nebula plans to build a future display bay area technology park. The transaction prices of the two land parcels were 64.6 million yuan and 64.73 million yuan respectively.

The environmental impact assessment of Huzhou Xinping Semiconductor's annual production capacity of 120,000 Micro LED chips was accepted

Recently, the environmental impact assessment of Huzhou Xinping Semiconductor's annual production of 120,000 Micro LED chips was accepted. The project is located in South Taihu New District, Huzhou, with a total investment of 150 million yuan. It plans to rent a factory building of approximately 10,700 square meters. After completion, it is expected to achieve annual sales revenue of 1 billion yuan.

BOE Huacan Optoelectronics’ 998 million yuan private placement application was accepted by the Shenzhen Stock Exchange

On September 30, BOE Huacan Optoelectronics’ 998 million yuan private placement application was accepted by the Shenzhen Stock Exchange. This issuance is planned to be fully subscribed by the controlling shareholder Tokyo Oriental, and all funds raised after deducting issuance expenses will be used to supplement working capital. At present, the matter still needs to be reviewed by the Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission for registration.

Bit Fantasy, Ynzhan Optoelectronics, and Kunyou Optoelectronics have successively received financing

Recently, AR and wafer-level optical industry chain companies have received financing. Among them, Bit Fantasy has completed hundreds of millions of yuan in financing, and the funds will be used for product research and development, channel expansion and overseas market layout; Yunchuan Optoelectronics announced on October 8 that it has received tens of millions of yuan in investment, continuing to focus on array optical waveguide technology, and laying out AR smart wearable and vehicle HUD applications. On October 10, Kunyou Optoelectronics announced the completion of a C+ round of financing of over 1 billion yuan. The funds will be mainly used for production line construction and R&D capability upgrades.

AUO expands Micro LED medical applications and joins hands to build smart health centers

On October 6, Fu Jen Catholic University Hospital, together with AUO Group and a number of companies, demonstrated three smart medical applications combining Micro LED and AI technology at the St. Luke’s Health Management Center, covering non-contact physiological indicator detection, two-way translation consultation and health management guidance.

Haji Semiconductor P0.78 glass-based MLED product lights up, mass production expected in the fourth quarter

Recently, Zhejiang Haji Semiconductor announced that it has completed the development of all TGV glass-based MLED processes and first-generation series products, and launched a total of seven products in three categories: direct display, transparent display, and MiP, which it plans to launch on the market starting in October. Among them, the 13.5-inch P0.78 glass-based MLED product has been officially lit.

Guoxian Technology releases 4.1-inch AR-HUD dedicated Mini LED PGU module

On October 9, Guoxian Technology launched a 4.1-inch AR-HUD dedicated Mini LED PGU module, which uses a Fresnel lens array and 128-zone local dimming technology. The backlight peak brightness reaches 1.2 million nits, the PGU module brightness exceeds 100,000 nits, and the static contrast ratio exceeds 500,000:1. This product is mainly targeted at high-end new energy vehicles and smart driving-related applications.

CINITY LED movie screens were launched in Hangzhou and Ningbo, with 81 theaters opened in China

During the National Day holiday, CINITY LED movie screens were launched in Hangzhou and Ningbo. Among them, Hangzhou Wudiwu Cinema has become the first all-CINITY LED cinema in the country, equipped with a 25.8-meter-wide CINITY LED movie screen; Ningbo Movie Metropolis has lit up a 20-meter sound-transparent CINITY LED giant screen.

Absen expects net profit in the first three quarters to be as high as 265 million yuan, a year-on-year increase of 43.11%

On October 9, Absen released a performance forecast for the first three quarters of 2026. The net profit attributable to shareholders of listed companies is expected to be 245 million to 265 million yuan, a year-on-year increase of 32.31% to 43.11%. The company said that factors such as operating income growth, LED display gross profit margin improvement and market layout deepening have jointly promoted performance growth, and operating cash flow has also shown a trend of improvement quarter by quarter. Recently, Absen has also increased capital to expand its commercial display business and won an industrial land in Longgang, Shenzhen, for the construction of its global headquarters base and product R&D upgrades.

[Near-Eye Display]

XREAL AURA announces price, equipped with Micro OLED display

On October 7, XREAL officially announced the price of XREAL AURA, with the two versions priced at US$1,279 and US$1,499 respectively. The product adopts a split design. The glasses end is equipped with a single-eye 1080P Micro OLED display and uses the XREAL X Prism hybrid waveguide optical solution. It is mainly targeted at space computing and XR application scenarios.

Sony transfers 419 XR patents to Meta, involving a number of display and optical technologies

According to Korean media reports, Sony has initiated the transfer of 419 XR-related patents to Meta, covering technologies such as VR, AR, MR and head-mounted displays, including 180 US patents and 239 patents of the same family in other regions. At the same time, Sony is still continuing to lay out its OLEDoS micro-display business, and its display technology has been applied to devices such as Apple Vision Pro.

Liangliang Vision builds a micro-nano optical pilot platform, focusing on silicon carbide optical waveguides

Recently, Beijing Economic Information Technology released information showing that the micro-nano optical device pilot platform built by Liangliang Vision is located in the Beijing Economic and Technological Development Zone, with a construction area of ​​about 2,000 square meters and equipped with more than 60 process and testing equipment. It focuses on the engineering verification of silicon carbide optical waveguide devices for smart glasses, covering micro-nano structure design, wafer-level precision processing, device packaging and optical performance testing.

[Optical Communications]

Tongge Micro, a subsidiary of Vogel Optoelectronics, signed a contract with Huagong Technology to lay out CPO and high-speed optical communications

On September 29, Hubei Tongge Micro, a subsidiary of Vogel Optoelectronics, signed a strategic cooperation agreement with Huagong Technology. The two parties will cooperate in the fields of glass substrate substrates, laser processing and high-speed optical communications, focusing on promoting the development of 3.2T and higher rate optical module related products, and laying out CPO, NPO and optical engines.