Teyi Technology received hundreds of millions of B round of investment

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36氪 was informed that Xiamen Teyi Technology Co., Ltd. (hereinafter referred to as “Teyi Technology”), a professional manufacturer of automated testing equipment in the optoelectronic semiconductor display industry, announced that it has received hundreds of millions of yuan in Series B financing. Venture Capital and Xinjunyi followed suit. It is reported that this round of funds will be mainly used to continue to increase investment in equipment development in the fields of Mini LED, Micro LED and semiconductors.

Teyi Technology focuses on the R&D, design, production and sales of automatic testing equipment for the optoelectronic display industry. Products are widely used in LCD, OLED fields, and semiconductor optoelectronic display fields such as Micro LED, Mini LED, Micro OLED, TFT LCD, which represent the future display direction. At present, the company’s OLED equipment has covered domestic head panel factories, and it is an indirect supplier of 3C and semiconductor first-line technology brands.

Teyi Technology has achieved a series of achievements in the industry through its advanced R&D investment and technical reserves, and its Mini LED and Micro LED equipment has achieved a series of achievements in the industry. The OLED automatic detection line is in the forefront of the industry; the wafer/substrate surface defect detection machine has won the LED “Excellent Product of the Year” award; the response time tester can reach nanosecond level testing, and has achieved technological breakthroughs in the industry.

The next-generation display technology screens such as Mini LED have more refined light control technology than ordinary LCD screens at this stage, which can meet the extreme needs of professionals for black and white contrast and color, but need to use more on the backlight panel. , Smaller LED lamp bead partition display. Taking the iPad Pro released last year as an example, the 12.9-inch screen is divided into 2596 dimming zones, densely covered with tens of thousands of Mini LED lamp beads, and the contrast ratio is as high as 1 million:1.

The thickness of Mini/Micro LED screen is only a fraction of the thickness of traditional LCD screen, the brightness is higher than that of OLED, and the service life is long. The track has always been one of the key layout directions of Teyi Technology.

Teyi Technology said: In the future, it will continue to increase investment in the six core technology modules of optical testing, electrical testing, display adjustment, visual testing, automation, semiconductor testing, and new energy testing, and continue to maintain its dominant position in the panel display field. In the first-mover advantage of Mini LED, Micro-OLED and Micro LED, we will increase the penetration in the field of semiconductor testing and contribute to the future display industry.

According to the data of Guanyan Report Network: Driven by the strong demand for terminals such as TVs, monitors, wearable devices, and vehicle-mounted displays, my country’s Mini/Micro LED industry is expected to usher in a period of rapid growth in the next few years. Previously, in 2019, the domestic market size of the backlight Mini LED industry was 1.6 billion yuan. It is expected that the market size of my country’s backlight Mini/Micro LED industry will increase to 43.1 billion yuan by 2025. In the future, with the surge in demand in related fields such as AR/VR/MR, Micro LED Display projection display will become an important direction of head-mounted display; and Mini / Micro LED large screen will be the first to be applied in areas that neither OLED nor LCD can achieve. In terms of large size, it has become a super market with a scale of 100 billion.

Teyi Technology introduced to 36氪: At present, the products have been recognized by customers such as BOE, Tianma, Huike, AUO, and Sanan. The company has 26 patents of various types, among which the invention patent of Micro OLED testing equipment has been practically applied to the first set of Micro OLED automatic test lines in China. In August 2021, the Mini LED equipment developed and manufactured by Teyi Technology made its public debut for the first time, and the first Mini LED equipment was officially delivered to the leading enterprises in the industry.

Founded in 2014, Teyi Technology has established several joint laboratories with Xiamen University, Huaqiao University, Xiamen University of Technology, Hefei University of Technology and other universities. Among them, Teyi Technology and Xiamen University established the Micro LED Display Advanced Equipment Joint R&D Center on December 21 last year to jointly assist the research and development of Mini/Micro LED and other advanced equipment in the display industry.

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