Break Trident IPO after Royole Technology releases Micro-LED elastic flexible screen technology

Tencent News "First Line" learned that recently, Royole Technology released a self - developed micro-LED elastic flexible screen technology. This is the latest technological progress released after Royole voluntarily withdrew its listing application in February.

Royole said that the new technology can not only make the screen with the flexible screen itself, but also can achieve stretching, twist, rotation and other elastic deformation, and the stretching range can reach 130% . In addition, the transmittance of the new technology reaches 60 - 70% , equivalent to the transmittance of the car film.

Elastic display currently has Samsung, the Dutch Holster center technology is more mature, more difficult. Royole related personage said that due to materials, process restrictions, the elastic performance of the first two is not as good as Royole's technology. At the same time, LG and some domestic companies are also doing, but not much results, the progress is slow.

Previously, Royole Technology has been questioned due to the technical route, low production and sales rate, profit difficulties and other problems, repeatedly questioned by the outside world.

At the end of January, Royole Technology topped the 20 science and innovation boards and the GEM enterprises. Subsequently, 16 of the 20 businesses withdrew their IPO applications, also including Royole.

On February 9, Royole Technology and sponsor CITIC Securities "withdrew their listing application" . "The suitability of the direct structure of shareholders remains to be further demonstrated," the official said.

Obviously, Royole hopes to use newer technology to strengthen the market. The application prospect of elastic display is wider than flexible, can cover concave and convex surface, irregular surface, and has elastic, can be combined with cloth, leather, rubber and other materials, can even do the outer skin of bionic robot, change color at any time, and can cooperate with joint movement and elastic deformation.