As AI becomes more integrated with wearables, alongside increasing momentum powered by major suppliers, TrendForce estimates that global AR glasses shipments will accelerate to 950,000 units in 2026, representing an increase of 53% compared to a year earlier. Display panels, as a key component with a high proportion of total device costs, will play a pivotal role in pushing the industry toward scalable and widespread adoption through lower costs and improved performance.

Recently, TrendForce had an opportunity to speak with Chao Pen, Marketing Director at Rayvision Technology, for an in-depth conversation about the company’s latest OLEDoS products and technological progress.

Rayvision Technology’s Marketing Director Chao Peng

Founded in 2019, Rayvision Technology established an 8-inch silicon-based OLED mass production line in Qinzhou, Guangxi, in 2021. The company also plans to build a 12-inch facility in Changsha, Hunan, expanding into an “8+12 inch” dual-fab manufacturing footprint. Specializing in the R&D and manufacturing of 0.2-1.3 inch silicon OLED microdisplays, Rayvision Technology supports various near-eye display scenarios, including AR, VR, medical endoscopy and microscopy, industrial inspection, and thermal night vision imaging. It offers customers integrated solutions encompassing “display panels, driver ICs, and optical modules.”

Integrated Solutions to Accelerate Time-to-Market for Customers
Rayvision Technology indicates that it offers comprehensive AR product solutions spanning display panels, driver ICs, and optical modules. The company boasts seamlessly integrated standardized solutions that reduce customers’ development timelines, while offering fine-tuning and customization capabilities on top of the standard options to meet customers’ specific needs, enabling faster time to market.

Rayvision Technology now positions itself as a component supplier focusing on its display panel business. As the company scales up, it is set to transform into a solution provider to help customers lower development barriers and accelerate new product releases.

Expanding Capacity to Meet Consumer AR/VR Demand Boom
Rayvision Technology’s 8-inch OLEDoS production line in Qinzhou, Guangxi, has entered mass production. The facility delivers a capacity of 400,000 OLEDoS display panels per year, across a size range of 0.23-0.96 inch.

OLEDoS displays developed by Rayvision Technology

To meet the demand boom for consumer AR/VR devices, Rayvision Technology plans to deploy two 12-inch OLEDoS production lines in Changsha, Hunan. The facility targets a total capacity of 180,000 wafers per year for 0.1-1.3 inch displays, with construction slated to begin in the first half of 2026 and production starting in 2027.

“8+12 Inch” Dual-Fab Strategy Unlocks Full Coverage for Near-Eye Display Scenarios
When combining current specifications with optical waveguide technology, OLEDoS products suffer from insufficient luminance to the human eye due to optical losses. Rayvision Technology notes that its 12-inch production lines are engineered for the deployment of high-luminance OLED technology and real RGB solutions. These technologies can significantly improve the luminance of full-color OLEDoS products to 100,000 nits, further enhancing compatibility with optical waveguides, which are also advancing toward higher luminous efficacy. This enhancement bolsters the company’s core competitiveness in the AR glasses domain.

Compared with 8-inch production lines, 12-inch lines provide higher cutting efficiency, significantly lowering the manufacturing costs of single-chip OLEDoS display panels. Since OLEDoS accounts for a large portion of AR device costs, this cost reduction can effectively drive scalable and widespread industry adoption.

Raysent Technology's 8-inch production line specializes in high-mix, low-volume, and highly customized products, primarily targeting fields such as industrial inspection and medical applications.

The new 12-inch lines can extend its product portfolio down to 0.1-inch and up to 1.3 -inch, with new offerings for higher resolution and real RGB technology, primarily focusing on standardized consumer products in the AR and VR markets.

According to Rayvision Technology, the “8+12 inch” dual-fab strategy will enable its OLEDoS products to achieve full coverage across all near-eye display scenarios, with widespread adoption in AR/VR/MR, industrial inspection, medical, and aerospace sectors.

Outlook
Looking ahead, Rayvision Technology suggests that, at the business level, the company is actively transforming from a component supplier into an industry solution developer as it scales up. At the product development level, the company is leveraging the rollout of its 12-inch wafer capacity to provide full scenario coverage in the near-eye display market.

TrendForce 2025 Near-Eye Display Market Trend and Technology Analysis
Publication Date : 29 August 2025
Language : Traditional Chinese / English
Format : PDF
Page Number: 168