eMagin, a U.S.-based developer and manufacturer of OLED microdisplays, has announced that it has reached a merger agreement with Samsung Display. The company describes its self as the “leading US producer of OLED microdisplays,” specifically for XR, VR, and AR headsets. The merger represents Samsung’s continued interest in developing OLED for headset displays, taking advantage of eMagin’s development of white OLED and RGB OLED microdisplays.
“We expect XR (Extended Reality) devices to have significant potential of growth in the future, and eMagin’s technology in this space will enable Samsung to offer innovative products to more customers and strengthen its XR-related business,” said Joo Sun Choi, President & CEO of Samsung Display.
“By teaming with Samsung Display, we will be able to achieve the full potential of our next-generation microdisplay technology with a partner that can provide the resources and expertise we will need to scale production. Moreover, our customers will benefit from resulting improvements to our production capabilities in terms of yield, efficiency, and quality control,” said Andrew G. Sculley, eMagin CEO.
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