News Summary

• Apple remains committed to microLED, despite suggestions that its project to bring the display technology to Apple Watch Ultra has been ditched, according to reports out of Taiwan and Korea.Last week, Apple supplier ams OSRAM announced that a "cornerstone project" was "unexpectedly cancelled."
• According to a separate report today by The Elec, Apple may instead decide to prioritize microLED technology for future, lighter versions of Apple Vision Pro while it waits for watch implementation costs to come down.
• "Based on Apple's track record in development, high expenses tied to pioneering technologies are typically manageable and can be addressed as long as production scales up," said the report.
• "Kuo last week claimed that microLED production costs are currently "too high" for its Apple Watch Ultra project to be "economically viable."
• AUO has just begun mass production of microLED watch display panels, while PayNitride is mass producing related chips.
• But according to industry sources cited by DigiTimes, the high costs of early microLED production remain within expectations.