Kopin Corporation Expands OLED Business With New Customers, New Orders
Kopin Corporation (NASDAQ: KOPN) has announced new orders for its OLED displays and silicon backplane products, indicating expanding customer interest in its technology. The company has begun shipping its Lightning 720p OLED microdisplays for thermal imaging applications, showcasing its power efficiency with ~160 mW consumption at 2000 nits. Additionally, it received orders for Lightning 2K OLED backplane wafers aimed at high-resolution AR and VR applications. This validates Kopin's fabless business model and confirms its competitive advantages in the display technology sector.
- New orders for OLED displays and backplane products signify expanding customer base.
- Shipping of 720p OLED microdisplays highlights strong market interest in thermal imaging.
- Lightning 2K backplane wafers designed for high-resolution applications enhance product offerings.
- Fabless business model offers flexibility and reduces capital investment risks.
- None.
Expanding customer base seen for high-brightness Lightning® 720p Displays and 2K Silicon Backplane Wafers
Kopin commenced shipping its Lightning® 720p OLED microdisplays to a new customer for use in thermal imaging viewfinders — an application where Kopin sees significant interest in its microdisplays. The 0.49-inch-diagonal 720p display incorporates Kopin's ColorMax® technology for superb color fidelity (greater than
Separately, Kopin has received an order from a new customer for its Lightning 2K OLED backplane wafers. Kopin's Lightning 2K backplane is the critical building block to manufacture 1-inch diagonal OLED microdisplays with 2048 x 2048 resolution that can run at up to 120 Hz with low power consumption. Kopin’s backplane, designed for high-resolution, mid-to-high-end VR or AR applications is the “brain” of the finished 2K x 2K microdisplay.
“We believe these new orders confirm the competitive advantages of our highly advanced backplane designs and display performance,” said
About Kopin
Kopin, ColorMax and Lightning are trademarks of
Forward-Looking Statements
Statements in this press release may be considered "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the safe harbor created by such sections. Words such as "expect," "believe," "can," and "will," and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such "forward-looking statements," which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to: Our belief that these new orders confirm the competitive advantages of our highly advanced backplane designs and display performance . Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. Kopin disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7, Management's Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K , or as updated from time to time our
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