MicroEmissive Displays (MED) developer of polymer organic light-emitting (P-OLED) based microdisplays have announced the shipment of its first product:
The Company has now shipped the first batch of a multiunit order for distribution into Asia. This first fulfilment is confirmation of the improvement in manufacturing yield, which had previously prevented the Company achieving efficient mass production manufacturing.
MED’s proprietary enabling technology is the first example of silicon and an organic substance working together and is used to produce high-resolution images with low power requirement on microdisplays, making the product ideal for ‘near to eye’ mobile technologies.
This first order will see the displays used in ‘night scopes’ for the leisure and sports markets and the Company expects this to be a key area in the initial stages of the commercialisation of the product.
The Company also sees opportunity in the near to eye mobile entertainment and communication handset markets going forward.
