Smartkem To Unveil First Demo of a MicroLED-in-a-Package (MiP) Backlight at Touch Taiwan 2025
Rhea-AI Summary
Smartkem (NASDAQ: SMTK) has announced it will debut its first MicroLED-in-a-Package (MiP) backlight at Touch Taiwan 2025, scheduled for April 16-18th in Taipei City. Chairman and CEO Ian Jenks will deliver a keynote presentation on April 16th discussing the company's disruptive technology.
The company's innovative 'chip-first' MicroLED architecture introduces a low-temperature manufacturing process that simplifies production and improves yields for LCD displays, which currently represent 65% of the global display industry. At the core of this technology is Smartkem's proprietary Redistribution Layer (RDL) material, which connects four chip-first MicroLEDs in series to create the MiP4 package.
The MiP4 technology offers several advantages:
- Higher brightness at lower power consumption
- Reduced production costs
- Compatibility with existing MiniLED equipment
- MiP4-on-blue tape format for easy industry adoption
Positive
- Innovative MiP4 technology offers higher brightness at lower power consumption
- Technology compatible with existing MiniLED equipment, reducing adoption barriers
- Targets large LCD market (65% of global display industry)
- New process simplifies production and improves manufacturing yields
Negative
- Technology still in demonstration phase, not yet commercialized
News Market Reaction – SMTK
On the day this news was published, SMTK gained 32.08%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Smartkem Chairman and CEO, Ian Jenks, to Deliver Keynote Address on Transformative MicroLED technology
Keynote Presentation Details
Date: April, 16, 2025
Time: 16:00-16:25
Location: Room 401, Nangang Exhibition Center Hall 1,
Smartkem's 'chip-first' MicroLED architecture introduces a breakthrough approach to MicroLED display manufacturing with a low temperature process that simplifies production, improves yields and delivers an enhanced display performance. This new MicroLED-in-a-Package (MiP) backlight simplifies assembly and yield management for display manufacturers and is designed for seamless integration of MicroLEDs to enhance today's Liquid Crystal Display (LCD) market, which represents approximately
"Smartkem's mission is to enable the next generation of displays using our transistor technology," said Ian Jenks, Chairman and CEO of Smartkem. "This demonstration shows how our 'chip-first' approach creates a new category of MicroLED-in-a-Package (MiP) backlight that can use MicroLEDs to transform LCD display technology. This innovation allows LCDs and large-scale signage to achieve low power consumption, high contrast ratios, and exceptional readability—even in bright environments. Importantly, this demonstration shows that Smartkem's technology can be used to enable the next generation of MicroLED displays as well as to improve existing display technologies including LCDs.
Smartkem's MiP4
At the core of this advancement is Smartkem's proprietary Redistribution Layer (RDL) material, which interconnects four chip-first MicroLEDs in a series to form a single high-voltage chip—the MiP4. This MiP4 package is designed to replace existing MiniLED packages in LCD backlights and signage applications, offering:
- Higher brightness at lower power
- Lower production costs
- Compatibility with existing MiniLED die bonding equipment
- Shipping in MiP4-on-blue tape format for seamless industry adoption
Demonstration at Touch Taiwan 2025
Smartkem will showcase its first 12.3-inch MicroLED-in-a-Package (MiP) backlight at Booth M505 at Touch Taiwan 2025, held at the Taipei Nangang Exhibition Center, Hall 1, 4F in
For more information or to schedule a meeting with Smartkem's leadership team during Touch Taiwan 2025, please contact:
Michelle Ouyang
Head of Business Development
m.ouyang@smartkem.com
For more information on Touch Taiwan, please visit: https://www.touchtaiwan.com/en/
About Smartkem
Smartkem is seeking to change the world of electronics with a new class of transistor using its proprietary advanced semiconductor materials that have the potential to revolutionize the display industry. Smartkem's TRUFLEX® semiconductor technology enables low temperature printing processes that are compatible with existing manufacturing infrastructure with the potential to deliver low-cost, high performance displays in a range of display technologies including microLED, miniLED and AMOLED, as well as applications in sensors and logic.
Smartkem develops its materials at its research and development facility in
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things, its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on Smartkem, Inc.'s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or elated expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.
Contacts:
Selena Kirkwood
Head of Communications for Smartkem
T: +44 (0) 7971 460 364
s.kirkwood@smartkem.com
U.S. Investors
David Barnard, CFA
Alliance Advisors Investor Relations
T: 1 415 433 3777
dbarnard@allianceadvisors.com
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SOURCE Smartkem
FAQ
What are the key benefits of Smartkem's (SMTK) new MicroLED-in-a-Package technology?
When and where will Smartkem (SMTK) demonstrate its new MicroLED backlight technology?
How does Smartkem's (SMTK) chip-first MicroLED architecture improve LCD manufacturing?
What market segment is Smartkem (SMTK) targeting with its MiP backlight technology?
