philip lelyveld The world of entertainment technology


Apple, Valve, and LG Invest in OLED Microdisplay Maker eMagin

Founded in 1993, Emagin is a producer of OLED microdisplays which have seen deployments in military, medical, industrial, and other sectors. With the rise of AR and VR in the consumer market, Emagin has recently marketed their display technology toward companies building consumer headsets.

The company’s flagship product in this space is a 2,048 × 2,048 OLED microdisplay with a ~70% fill factor, which the company claims will eliminate the ‘screen door effect’ seen on today’s consumer VR headsets.

According to SEC filings submitted on January 22nd, Emagin prepared to sell some $10 million in newly issued stock, with Apple, Valve, and LG, among others, listed as the offering’s “specified investors.” According to Emagin, the deal was expected to close on or about January 29th.

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