STMicroelectronics and MicroOLED Move to Revolutionize High-Resolution Micro-Displays for Consumer Applications
(Thomson Reuters ONE) -
Cooperation agreement and minority investment in MicroOLED to play a leading
role in the fast-growing market of high-resolution OLED micro-displays
Geneva, August 30, 2012 - STMicroelectronics (NYSE: STM), a global semiconductor
leader serving customers across the spectrum of electronics applications and a
leading supplier of imaging technologies, today announced a strategic agreement
with MicroOLED, a Grenoble, France-based company dedicated to the development
and commercialization of state-of-the-art organic light emitting diodes (OLEDs),
as well as a minority equity investment of approximately 6 million Euros in the
company. With exceptionally high resolution and extremely low power consumption
that is the most power efficient on the market, OLEDs are ideally suited to
micro-displays in a wide range of portable applications, spanning from camera
viewfinders, video goggles to medical and security applications.
At about half the power consumption of competitive displays, MicroOLED's
cutting-edge technology provides superior pixel density for enhanced image
quality. The technology produces OLEDs with pixel densities double those of
alternate displays and contrast ratios 10 to 100x better. To complement these
technology advantages, ST brings its outstanding manufacturing machine, broad
consumer-market expertise, and deep IP portfolio, in the form of design,
development and supply services for new micro-displays, targeting a broader
range of customers and applications with the next generation of the technology.
ST owns several fully integrated CMOS processes that will be used to develop a
complete product roadmap. With a large portfolio of design IP, ST will
contribute to better integrate micro-display functions that today are on
external controllers, which add cost and complexity to the final solution. ST's
experience in designing for low-power is key to enabling applications like video
goggles.
"In recognition of the substantial growth opportunities for Electronic View
Finders in digital still cameras and other applications, and in line with ST's
strategy to diversify and enhance our offerings in Imaging, we sought and found
in MicroOLED the high-resolution OLED micro-displays with the best
performance/quality and lowest power consumption on the market," said Eric
Aussedat, Corporate Vice President and General Manager of STMicroelectronics'
Imaging, BiCMOS ASIC and Silicon Photonics Group. "Bringing ST's deep
manufacturing and technology expertise, customer relationships and IP portfolio
will accelerate adoption of OLEDs and significantly expand the market."
"Dramatically increasing the pixel density and the picture quality while cutting
the power consumption in half has greatly impressed customers," said Eric
Marcellin-Dibon, CEO and cofounder of MicroOLED. "By establishing our strategic
relationship with ST, and being in a position to leverage their strong
manufacturing capabilities, we'll be able to bring the technology to the next
step, expand the potential market, and help consumers see the world through
amazing low-power micro-displays."
About MicroOLED
MicroOLED makes highly power-efficient micro-displays with superior image
quality for mobile near-to-eye viewing devices used by consumers, medical
professionals, and the defense and security industry. Through its micro-
displays, MicroOLED makes it easier to integrate high definition in camera
viewfinders, 3D goggles, head-mounted displays, and other visual devices. The
company's exclusive high efficiency OLED (organic light-emitting diode)
technology license provides significant advantages in high efficiency, contrast,
uniformity, and image sharpness making its micro-displays superior in quality to
the full HD image in today's flat screens. MicroOLED's products also benefit
from very low power consumption. Founded in 2007, MicroOLED is a privately held
company with headquarters, R&D and a new production facility located in
Grenoble, a renowned center of excellence in France for chipset and
nanotechnology development.
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power technologies and multimedia convergence
applications. From energy management and savings to trust and data security,
from healthcare and wellness to smart consumer devices, in the home, car and
office, at work and at play, ST is found everywhere microelectronics make a
positive and innovative contribution to people's life. By getting more from
technology to get more from life, ST stands for life.augmented.
In 2011, the Company's net revenues were $9.73 billion. Further information on
ST can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Tait Sorensen
Director, Investor Relations
Tel: +1 602 485 2064
tait.sorensen(at)st.com
MEDIA RELATIONS:
Maria Grazia Prestini
Group VP, Corporate Media and Public Relations
STMicroelectronics
Tel: + 41 22 929 6945
ST and MicroOLED Strategic Agreement:
http://hugin.info/152740/R/1637433/526466.pdf
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originality of the information contained therein.
Source: STMicroelectronics via Thomson Reuters ONE
[HUG#1637433]
Unternehmensinformation / Kurzprofil:
Datum: 30.08.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 179287
Anzahl Zeichen: 6215
contact information:
Town:
Geneva
Kategorie:
Business News
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