Foxconn and Porotech form partnership to expedite the commercialization of MicroLED Microdisplays for augmented reality (AR) applications aiming to establish world’s first complete end-to-end, viable supply chain.

【2023.12.15 Taipei】 Hon Hai Technology Group (“Foxconn”) (TWSE: 2317), the world's largest electronics manufacturer and technology service provider, and Poro Technologies Ltd (“Porotech”), a pioneer in GaN-based semiconductor technology and a global fabless MicroLED company, announce a strategic partnership in MicroLED Microdisplays for augmented reality (AR) applications.

This partnership will assemble Foxconn’s proprietary technologies in semiconductor wafer manufacturing, packaging, IC drivers, CMOS backplanes, module assembly, system assembly and Porotech’s world leading technologies in PoroGaN® MicroLEDon-Silicon (uLEDoS), Dynamic Pixel Tuning® (DPT®), GaN-on-Silicon platform. The end product will target ultra-high-density and energy efficient MicroLED Microdisplays for AR applications, wearable, and smart devices.

The microLED device for AR applications has great potential, but at the same time is quite challenging. It involves multiple disciplines including semiconductor wafer manufacturing, hybrid bond, IC design, optoelectronics, quantum physics, and optics. Integration across these different fields is difficult and progress has been slow. In the past, no single company possesses such a big portfolio of expertise. With this partnership, we expect to expedite the research and productization of MicroLED technology and push the AR application to a new era. Foxconn's strength in supply chain management is also expected to contribute at the mass production stage.

Foxconn and Porotech share the vision and goal of MicroLED Microdisplay technology for AR applications. Both parties are enthusiastic about the potential outcomes of this collaboration to reshape the AR landscape.

Dr Bob Chen, GM of Foxconn’s semiconductor business group, commented:

“Our strategic alliance with Porotech will accelerate development of MicroLED Microdisplays. It is one step closer to tapping into the tremendous opportunities that AR can bring to the world. We are excited to collaborate with Porotech to integrate many technologies from different fields.”

Dr Tongtong Zhu, Chief Executive Officer and Founder of Porotech, added:

“Our collaboration with Foxconn signifies a momentous step forward for MicroLED Microdisplays and AR. This strategic partnership speaks volumes about our shared dedication to innovation and excellence. GaN on Silicon's role in uLEDoS tech advancement is undeniable. An exciting road lies ahead with Foxconn, propelling MicroLED Microdisplays with our mutual partners and customers with collective triumph and significant growth in the MicroLED revolution!”

About Hon Hai

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 30 among the Fortune Global 500. In 2022, revenue totaled TWD6.62 trillion (approx. USD220 billion or EUR200 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 173 campuses across 24 countries and is one of the world’s largest employers with over a million employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – nextgeneration communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. For more information, visit www.honhai.com

ABOUT POROTECH

Porotech Technologies Ltd is a trailblazer in MicroLED and gallium nitride (GaN) material technology, headquartered in Cambridge (UK), with R&D Centre in Hsinchu (Taiwan) and sales office in Chandler, Arizona (USA). Focused on pioneering advancements in display technology, Porotech's pioneering PoroGaN® platform drives the development of ultra-small and efficient MicroLED chips. These chips are capable of emitting the full visible spectrum of colours using a single GaN material system. The company's breakthrough Dynamic Pixel Tuning® (DPT®) technology further enhances display capabilities, enabling MicroLED pixels to emit any visible colour at specific current densities. Porotech is committed to shaping the future of displays, offering unmatched brightness, energy efficiency, and vibrant colour solutions. For more information, visit: www.porotech.com