India, Jan. 2 -- The Shanghai Stock Exchange has recently approved SeeYA's IPO application. The company intends to raise CNY 2.015 billion to increase its OLEDoS display production capacity and expand its R&D center. TrendForce reports that demand for OLEDoS micro-displays, driven by near-eye devices such as AR, VR, and MR, is projected to reach 31.5 million units by 2030, with a CAGR of 81% from 2025 to 2030.

TrendForce observes that SeeYA's listing signifies a steady decline in Sony's long-standing dominance of the OLEDoS supply market. Along with Chinese companies like BOE, SIDTEK, and OLiGHTEK, SeeYA is contributing to the development of a localized OLEDoS supply chain. If healthy price rivalry among suppliers continues, it is antici...