Core Viewpoint - The article discusses the accelerating penetration of Micro LED technology in consumer electronics, highlighting its potential to transform various sectors, including televisions, smartwatches, and automotive displays, with a projected market value of $461 million by 2029 [2][4]. Group 1: Market Trends and Projections - Micro LED technology is expected to see significant growth, with Samsung launching a 140-inch Micro LED TV in 2023 and Garmin planning to introduce the Fenix 8 Pro smartwatch with Micro LED technology by 2025 [2]. - The market value of Micro LED chips is projected to reach $461 million by 2029, driven by the introduction of key products across various applications [2][4]. Group 2: Competitive Landscape - Current challenges for Micro LED include high power consumption and pricing, making it difficult to compete with more mature OLED technology in the short term [4]. - Despite these challenges, Micro LED's ability to meet the high brightness demands of outdoor environments and its potential for integrating sensing components position it favorably for future innovation [4]. Group 3: Industry Collaboration and Supply Chain - The Garmin Fenix 8 Pro smartwatch will utilize components from AUO, PlayNitride, and Raydium, showcasing the evolving Micro LED supply chain and its readiness for commercialization [4]. - The collaboration among various companies in the Micro LED ecosystem indicates a growing interest and investment in this technology, paving the way for further advancements and cost optimization [4].