Increasing investment in microdisplays for AR/VR in China
First written in FY2022-Q2. 8 of 15 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「In the FPD and optical-device fields, signs emerged of the resumption of investment in microdisplays such as OLEDOS and a bottoming out of investment in LCDs.」
For investment in microdisplays related to AR/VR and other applications, moves toward renewed investment were indicated. - FY2026-H1Signs of a Partial RecoveryAnnual report
「In the flat-panel display (FPD) and optical device sectors, there were signs of a partial recovery in investment in microdisplays for AR/VR applications and in OLED and LCD applications.」
For investment in microdisplays for AR/VR applications, signs of a partial recovery were indicated following descriptions of resumed investment and new orders. - FY2025AdvancedAnnual report
「For batch encapsulation lines for microdisplays, as customers continued to assess market trends for end applications such as AR/VR glasses, investment demand appeared uneven among customers and shipments were pushed into the following fiscal year and beyond. At the same time, we secured new orders as some customers resumed investment」
We secured new orders as some investment in AR/VR microdisplays resumed. However, differences in investment timing among customers and shipment delays remain. - FY2025-H1AdvancedAnnual report
「In addition to shipments of film ODF systems for dimming panels for automotive applications, for which we are pursuing expanded sales, we also secured orders for batch encapsulation lines for VR microdisplays.」
Orders were secured for batch encapsulation lines for VR microdisplays despite the subdued investment environment for microdisplays. - FY2024WorsenedAnnual report
「For our core batch encapsulation lines for microdisplays, orders and shipments were pushed into the following fiscal year and beyond as customers reviewed their equipment investment plans while assessing market trends for end applications such as AR/VR glasses. As a result, revenue and profit decreased year on year.」
For microdisplay equipment for AR/VR applications, customers' reviews of their equipment investment plans pushed orders and shipments into the following fiscal year and beyond, resulting in lower revenue and profit in the IJP Solutions Business. - FY2024-Q3RestatedAnnual report
「In the flat-panel display (FPD) industry, investment restraint continued for both microdisplays and LCDs due to sluggish panel market conditions and other factors.」
Investment restraint for next-generation displays, including microdisplays, continued from the previous quarter. - FY2024-Q2WorsenedAnnual report
「In the flat-panel display (FPD) industry, investment restraint continued, mainly for LCD applications, owing to weak panel market conditions, while investment demand for next-generation displays such as microdisplays also showed signs of stalling.」
The description shifted from the previously active inquiries and investment demand to an indication that investment demand for next-generation displays, including microdisplays, was also showing signs of stagnation. - FY2024-Q1RestatedAnnual report
「While inquiries for turnkey encapsulation lines for microdisplays, including OLEDOS and μLEDOS, whose applications are expected to expand in the metaverse field, remained active mainly in China and Taiwan, there were also a number of projects in which orders were pushed back to the following quarter or later because customers revised their equipment plans.」
Active inquiries for microdisplay investment and encapsulation lines, mainly in China and Taiwan, continued, but orders continued to be delayed as customers revised their equipment investment plans. - FY2023AdvancedAnnual report
「Equipment for microdisplays used in AR/VR and other applications ramped up steadily, resulting in year-on-year increases in revenue and profit.」
For microdisplay equipment for AR/VR applications, sales ramped up steadily from the order and inquiry stage, resulting in increases in revenue and profit. - FY2023-Q3AdvancedAnnual report
「Sales of equipment for microdisplays used in AR/VR and other applications were ramping up steadily. However, customers reviewing their investment plans to assess market conditions and device development progress led to a notable number of orders and shipments being pushed into the following quarter and beyond.」
In addition to continuing investment demand centered on Taiwan and China for AR/VR applications and continued inquiries for encapsulation systems, sales of equipment for microdisplays ramped up steadily. At the same time, a notable number of orders and shipments were pushed back. - FY2023-Q1RestatedAnnual report
「Demand for capital investment in microLED and silicon OLED equipment used in AR/VR applications remained firm, mainly in Taiwan and China, and inquiries for our encapsulation systems remained active. However, in addition to supply chain disruptions, logistics delays caused by typhoons resulted in some orders and shipments being pushed into the following quarter and beyond.」
Demand for microLED and silicon OLED capital investment for AR/VR applications and active inquiries for encapsulation systems continued, mainly in Taiwan and China, but orders and shipments were delayed. - FY2022-Q3AdvancedAnnual report
「Meanwhile, Chinese manufacturers are actively investing in microdisplays for AR/VR applications, and orders and inquiries for our encapsulation systems are increasing.」
The increased investment by Chinese manufacturers in microdisplays for AR/VR applications progressed into an increase in orders and inquiries for our encapsulation systems. - FY2022-Q2First statedAnnual report
「Investment in microdisplays for AR/VR applications has also become increasingly active in China.」
The increased investment in microdisplays for AR/VR applications in China was mentioned for the first time as a market trend.