Core Insights - Micro-LED technology is rapidly advancing and is seen as the next generation of micro-display technology, particularly suitable for smart glasses, smartwatches, and automotive displays [1][2] - The market for Micro-LED is expected to grow significantly, with projections estimating a market size of $461 million by 2029 [2] - Companies are increasingly focusing on Micro-LED technology, with several key players making strategic investments and advancements in production capabilities [3][4] Group 1: Market Trends - The application boundaries of Micro-LED technology are expanding quickly, driven by continuous technological breakthroughs, increased production capacity, and reduced costs [1] - Smart glasses are identified as the primary battlefield for Micro-LED technology, with notable products like the X3 Pro glasses featuring peak brightness of 6000 nits and a 95% reduction in rainbow artifacts [1] - The automotive sector is also benefiting from Micro-LED technology, with adaptive headlights offering high resolution and pixel-level light control, enhancing nighttime driving safety [2] Group 2: Company Developments - BOE Technology Group's Micro-LED wafer manufacturing and packaging testing base in Zhuhai is set to achieve mass production by March 2025, contributing to the industrialization of Micro-LED [3] - Tianma Microelectronics has successfully lit its Micro-LED production line in 2024 and is expected to deliver standardized display modules in 2025, marking a significant advancement in its Micro-LED capabilities [3] - Companies are focusing on high-value products and are committed to deepening their Micro-LED technology research and development to seize future display technology opportunities [3][4]