Recently, Hangjin Investment Fund completed its equity investment in Tianyi Microelectronics (Hangzhou) Co., Ltd. (hereinafter referred to as "Tianyi Micro" or the "Company"). The funds raised in this round will be used for research and development investment and the development of new products by Tianyi Micro.
Tianyi Microelectronics (Hangzhou) Co., Ltd., established in July 2023, is a silicon-based micro display driver chip design manufacturer. Focused on silicon-based Micro OLED and Micro LED technologies, the company has successfully mass-produced several Micro OLED driver chips. Tianyi Micro independently develops bottom-layer current-type pixel driving circuits, and its product display performance is at the forefront internationally. With its characteristics of specialization and innovation, the company has been recognized as a national high-tech enterprise.
With the commercialization of 5G, supportive industry development policies, and the maturity of Micro OLED-related technologies, Micro OLED displays are transitioning from military to civilian applications and are expected to be widely used in various near-eye display fields. Micro OLED displays boast high definition, high refresh rates, high contrast, and thinness, making them considered the most suitable display technology for virtual reality in the coming years. Apple's first VR headset, Vision Pro, features a 1.3-inch 4K Micro OLED display with current-driven pixel circuits, significantly enhancing product performance. This chip and display technology are expected to become mainstream solutions in the industry. With the rapid development of the VR/AR industry, Micro OLED displays have broad growth prospects.
Tianyi Micro has accumulated years of research and development experience in the field of Micro OLED driver chips, with successful experiences in mass production. The company has deep technical expertise, strong research and development capabilities, and rich industry resources. Currently, the company's focus is on benchmarking the Micro display driver chip used in Apple's Vision Pro product, where it has gained a certain competitive advantage. Moreover, Tianyi Micro has secured cooperation intentions from several well-known consumer-level clients.
Tianyi Micro's team has been deeply involved in the field of Micro OLED display driver chips for a long time, with rich industry experience and high recognition from both upstream and downstream partners. It has become a key partner for many well-known companies in the industry. As silicon-based microdisplay technology continues to mature, Micro OLED will be applied in more consumer-level fields. We are optimistic about the company's growth prospects and will continue to support Tianyi Micro and other innovative technology enterprises with international leading capabilities and domestic advantages.
——Wang Huaping, Chairman and General Manager of Hangjin Investment Fund.
原文始发于微信公众号（杭金投基金）：Tianyiwei has completed a multimillion-yuan financing round, with Hangjin Investment Fund joining hands with well-known investment institutions
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