SHENZHEN MTC CO..LTD. Has Reached a Cooperation with NOVASTAR to Promote the Development of Mini/Micro LED display

On May 29th, NOVASTAR announced that it signed a strategic cooperation agreement with SHENZHEN MTC CO..LTD., and the two parties will further deepen the strategic cooperation in the field of Mini/Micro LED displays.According to reports, in this cooperation, the two parties will carry out all-round and in-depth cooperation in Mini/Micro LED display control schemes, core integrated circuits, and core testing equipment based on their respective advantages in technology, products, and markets to promote the popular application of Mini /Micro LED display.

Source：NOVASTAR

According to the data, Zhaochi Crystal Display, as a subsidiary of SHENZHEN MTC CO..LTD., is in the midstream field of China LED display, and is an important part of SHENZHEN MTC CO..LTD. to realize the vertical integration of LED layout. For COB packaging technology, Zhaochi Crystal Display has laid out six major product lines, namely real pixel, LED direct display TV, naked eye 3D, creative screen, meta vision, and educational machine.At present, Zhaochi is increasing the layout of the COB packaging route to develop the Mini/Micro LED market. In March this year, 1,100 COB packaging production lines of Zhaochi crystal display signed a contract with Nanchang, Jiangxi Province, and completed the plan to expand 1,600 production lines, and it is expected to increase to 1,700 production lines by the end of this year.

Novastar has many years of experience in display control solutions, core integrated circuits, and core testing equipment. Its products have been successfully applied to the display industry in batches, which can help display companies form a large-scale and standardized manufacturing of Mini/Micro LED displays.Recently, Novastar registration application for listing on the GEM has been approved by the China Securities Regulatory Commission. It is reported that Nova Nebula plans to raise nearly 1.1 billion yuan to invest in display system industrialization research and development bases, ultra-high-definition display control and video processing technology centers, etc. 4 major projects to further enhance the capabilities in business aspects such as display control systems.

In January this year, Novastar, an LED display company, released the latest COEX control system. The new product aims to promote the industrialization of Mini/Micro LED, empower various emerging application scenarios such as naked-eye 3D, virtual shooting, and LED theater, and promote the entry of LED display to the trillion-level market.

Novastar said that in the future, the company will continue to innovate together with display customers, promote the progress of LED display, and create more value for the industry.