5 billion Micro LED project started

According to the "Kunshan Release" news on February 3, recently, Nitron Technology's Micro LED high-end display manufacturing project with a total investment of 5 billion has obtained a construction license and officially started construction. The project has entered the substantive construction stage.

Nitron Technology’s Micro LED high-end display manufacturing project will build a Micro LED glass substrate production line in the future to promote Nitron Technology’s R&D and industrialization levels. The project will be signed and implemented in July 2025. According to previous news, the Kunshan factory is expected to complete construction and start receiving orders in the second half of 2026. It is expected to start trial production in the fourth quarter and is expected to contribute to operations next year.

In addition, the project is handled by Naichuang Technology Co., Ltd. Qichacha shows that the company has a registered capital of 120 million yuan and was established in August 2025. It will focus on the production, manufacturing and sales of Micro LED panel components and modules.

According to experts, Display understands that in addition to announcing in July 2025 that its mainland Chinese subsidiary will settle in the Kunshan Development Zone in Jiangsu Province, in December of the same year, Nitron also further announced that it would acquire 100% equity of Lumiode in the United States for US$2 million to further expand the operational needs of the U.S. market, deepen its local layout, and respond to the regionalization trend of the global supply chain.

The main business of Nitron Technology is the R&D and manufacturing of Micro LED display technology. In 2025, the company's annual revenue was 1.352 billion yuan, a year-on-year decrease of 23.56%. It continued to deliver huge quantities of transfer equipment, and CoC orders grew steadily.

In terms of products, Nitron Technology has expanded Micro LED technology to many fields such as TVs, wearable devices, and automotive displays. In 2025, it supplied Garmin's Fenix 8 Pro, the world's first Micro LED smart watch, and jointly launched Taiwan's first full-color, high-resolution Micro LED AI smart glasses with Zhui Feng Technology and Taiwan Industrial Research Institute. The product is equipped with a 0.49-inch micro display.

At the same time, the company continues to extend Micro LED technology to the fields of high-speed data transmission and computing infrastructure. In January 2026, Nitron Technology announced a strategic cooperation with Optical Xun Technology, a two-dimensional array optical coupling technology manufacturer, to jointly develop a next-generation optical interconnect platform that can meet the needs of artificial intelligence and high-performance computing.

Entering 2026, investment and construction in the MLED display field continues to be hot, and many projects have entered new stages such as signing, starting, and capping. Relevant projects and progress are as follows: