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Kopin to Showcase Latest Advances in its Lightning® OLED Microdisplay Line-Up at CES 2020

January 7, 2020 GMT

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Jan 7, 2020--

Kopin Corporation (NASDAQ: KOPN), a leading developer of transmissive and reflective active matrix liquid crystal and organic light emitting diode (OLED) microdisplays, today announced it will demonstrate the latest advances in its OLED microdisplay line-up at CES 2020 in Las Vegas. This will include Kopin’s new double-stack OLED technology for much higher brightness and longer lifetime, 2k and 720p displays, and a preview of the new 1.3” 2.6k x 2.6k display (2560 x 2560 resolution) for next-generation AR, VR, and XR applications.

Kopin’s new technical advances include its patent-pending silicon backplane technology which enables the creation of double-stack OLED structures for microdisplays. A double-stack OLED is two OLED structures connected in series so that carriers (electrons-holes) pass through the double-stack OLED and generate photons twice, instead of once in a conventional single-stack OELD structure. This results in much higher efficiency, higher brightness, lower power consumption and longer lifetime. Combined with patented backplane design architecture for lower power consumption and faster frame rate, Kopin’s Lightning Silicon wafers enable OLED microdisplays to meet the needs of real-world consumer and enterprise applications.

At Kopin’s private suite at the Mirage Hotel, Kopin will demonstrate:

2.6K Color Display with Double-Stack OLED Structure: With a resolution of 2560 x 2560 in a 1.3” diagonal size, it is the largest color micro OLED in the world, along with offering the highest resolution. The display also integrates a high-speed CPHY/DPHY MIPI interface and has 10-bit color control for high dynamic range (HDR) control. With a double-stack OLED structure, the 2.6k full-color display exhibits brightness higher than 1000 nits, contrast ratio of more than 10,000: 1 and high color fidelity (NTSC 70%). This 2.6k display was co-developed with Panasonic Corporation and Lakeside Optoelectronic Technology Co., Ltd.

2K Color Display with Double-Stack OLED Structure: With a resolution of 2048 x 2048 in a 0.99” diagonal size and adopting a double-stack OLED structure, the 2k display exhibits brightness higher than 1000 nits, contrast ratio of more than 10,000: 1 and high color fidelity (NTSC 70%).

High-Brightness Green 720p Display with Double-Stack OLED Structure: 720p OLED microdisplay with a 1280 x 720 resolution in a 0.49-inch diagonal size exhibits ultra-high brightness at more than 20,000 nits with very low OLED power consumption of only 130 mW.

“To date the applications for OLED microdisplays have been limited by the performance and the supply constraints, but we believe Kopin’s Lightning backplane technology and the emergence of high-volume OLED manufacturing facilities is going to greatly expand the applications for OLED microdisplays,” said Dr. John C.C. Fan, CEO of Kopin. “The double-stack OLED microdisplays have exhibited far superior performance already and we believe they will improve further as the technology matures. Our patent-pending backplane wafer technology is critical for us to create the double-stack structure necessary for high performance. We believe the partitioning of the OLED manufacturing into multiple parties, each focusing on their core competencies, will make a huge difference in the OLED microdisplay performance and supply chain.”

“For wearable applications, especially for AR, super high brightness (up to 5000 nits) color OLED microdisplays have been the “dream” displays. This is many times brighter than current micro OLED displays. To achieve this high brightness, we believe one must transition from a single stack to a double stack OLED structure. The double stack structure should provide up to approximately 2500 nits with some additional optimization, and by combining it with micro lens technology, we expect to reach the target brightness of 5000 nits in the not too distant future,” said Dr. Boryeu Tsaur, Kopin’s OLED product head.

Kopin’s business model for the OLED display is fabless: Kopin designs the backplanes in-house; has proprietary Si backplane wafers processed at Si foundries including the integrated anode for OLED; and partners with external OLED fabs for OLED deposition. Although the fabless design house model has worked extremely well for the Si IC business, we believe Kopin is the first company to pioneer this more efficient and flexible business model for OLED microdisplays. Kopin’s approach is to develop silicon backplane designs that can be used on different OLED manufacturing lines. Currently Kopin has successfully produced displays with three OLED deposition partners to make OLED microdisplays: Kunming BOE Display Technology Co., Ltd.; Lakeside Optoelectronic Technology Co., Ltd.; and Yunnan Olightek Optoelectronic Technology Co., Ltd.

If OLED microdisplays are of interest to you, please contact Kopin: abethune@kopin.com.

About Kopin

Kopin Corporation is a leading developer and provider of innovative wearable technologies and critical components for integration into wearable computing systems for military, industrial and consumer products. Kopin’s technology portfolio includes ultra-small displays, optics, speech enhancement technology, and low-power ASICs. Kopin’s proprietary components and technology are protected by more than 200 global patents and patents pending. For more information, please visit Kopin’s website at  www.kopin.com.

About Panasonic Corporation

Panasonic Corporation with headquarter in Osaka, Japan is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, and B2B businesses. To learn more about Panasonic: https://www.panasonic.com/global.

About Kunming BOE Display Technology Co., Ltd.

Located in Yunnan Province in China, Kunming BOE Display Technology has facilities for research/development, design, manufacturing, and sale of OLED micro-displays. For more information, please visit BOE’s website at  www.boe.com.

About Lakeside Optoelectronic Technology Co., Ltd.

Lakeside photoelectric technology (Jiangsu) Co., Ltd. is an OLED technology developer and OLED microdisplay manufacturer having a factory in Changzhou, China. For more information, please visit Lakeside’s website at  www.hupanoled.com.

About Yunnan Olightek Optoelectronic Technology Co., Ltd.

Founded in 2008 with headquarter and manufacturing in Yunnan, China, Olightek designs and manufactures OLED microdisplays. For more information, please visit Olightek’s website at  www.olightek.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, all statements relating to our belief that Kopin’s Lightning backplane technology and the emergence of high-volume OLED manufacturing facilities it is going greatly expand the applications for OLED microdisplays; our belief that the OLED double stack technology will improve further as the technology matures; our belief that the partitioning of the OLED manufacturing into multiple parties, each focusing on their core competencies, will make a huge difference in the OLED microdisplay performance and supply chain; our expectation of being able to reach the target brightness of 5000 nits in the not too distant future; and our belief that Kopin is the first company to pioneer a more efficient and flexible business model for OLED microdisplays. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, but are not limited to the use of OLED microdisplays may not expand into additional applications; the OLED technology may not improve as it matures; portioning OLED manufacturing into multiple parties may not may a difference in OLED performance or the supply chain; we may not be able to achieve 5,000 nits in the future or ever; our business model may not be more efficient and flexible for OLED microdisplays and other risk factors and cautionary statements listed in Kopin’s periodic reports and registration statements filed with the Securities and Exchange Commission, including sections labeled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Kopin’s the Annual Report on Form 10-K (and Form 10K/A) for the fiscal year ended December 29, 2018, the sections labeled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Kopin’s Quarterly Report on Form 10-Q for the period ended September 28, 2019, and Kopin’s subsequent filings with the Securities and Exchange Commission. Words such as “expects,” “intends,” “would,” “may” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. Forward-looking statements are based on Kopin’s current expectations and assumptions and are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200107005302/en/

CONTACT: Kopin Corporation

Richard Sneider, 508-870-5959

Treasurer and Chief Financial Officer

Richard_Sneider@kopin.comorMarket Street Partners

Joann Horne, 415-445-3233

JHorne@marketstreetpartners.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS NEVADA

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE AUDIO/VIDEO MOBILE/WIRELESS

SOURCE: Kopin Corporation

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PUB: 01/07/2020 08:00 AM/DISC: 01/07/2020 08:01 AM

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