Magna Forms JV with Micro-LED Startup
Magna International Inc.’s electronics subsidiary has formed a joint venture with Rohinni LLC, a 5-year-old Idaho startup that specializes in ultra-bright micro-LED technology.
#electronics
Magna International Inc.’s electronics subsidiary has formed a joint venture with Rohinni LLC, a 5-year-old Idaho startup that specializes in ultra-bright micro-LED technology.
Magna will hold a controlling stake in Magna Rohinni Automotive, which will be based in Holly, Mich. The Canadian supplier also has made an unspecified investment in Rohinni that will give it a minority stake in the startup.
Invented in 2000, micro-LEDs use tiny diodes (as small as 25 microns) that can be printed on a paper-thin conductive layer, which may be applied to virtually any surface. The technology promises to provide the size, design flexibility and vibrancy of emerging OLED systems at a much lower cost.
Rohinni says micro-LEDs also are 10 times brighter and consume considerably less power than OLED displays. The company has developed a proprietary robotic process to quickly and precisely position micro-LEDs onto a substrate surface for high-volume applications.
Rohinni says it has 80 current and pending patents related to the micro-LEDs. Several other companies also are working to commercialize the technology, including Apple through its 2014 acquisition of LuxVue Technology.
A video about Rohinni’s technology can be viewed here. Among the company’s previous investors is Tony Fadell, who helped invent the iPhone and iPod when he worked at Apple.
RELATED CONTENT
-
2019 Volvo XC40 T5 AWD Momentum and R-Design
Back in 2004, Volvo introduced a concept vehicle, called “Your Concept Vehicle,” in which case the pronoun essentially referred to women because as the company pointed out, the YCC was “the first car designed and developed almost exclusively by women.” Some would say that Volvo was ahead of its time—way ahead—with this idea.
-
On the 2016 Chevrolet Camaro: The Sixth Generation
The fifth-generation Camaro brought the nameplate back from what could have been oblivion. The sixth is taking it in the right direction.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.