TrendForce: It is expected that the production value of Micro LED chips will reach $4.608 billion in 2029.

According to the report from TrendForce, it is expected that the production value of Micro LED chips will reach 460.8 million US dollars in 2029. In terms of display applications, Micro LED has gradually landed and penetrated the market in various applications, benefiting from the continuous optimization of key processes and yield improvement in large display manufacturers. In addition, the launch of new products such as AR glasses and smart watches, along with the gradual penetration of automotive products, will further expand market momentum, leading to a significant growth in chip production value.