Haylo Labs has acquired Plessey Semiconductors, the UK’s leading innovator in microLED display technology. Haylo Labs has committed to investing over £100 million in the UK over the next five years to scale Plessey’s manufacturing capacity and grow the highly skilled workforce in Plymouth and beyond. The acquisition strengthens the UK’s position as a global leader in immersive computing and next-generation technology. The international microLED market is forecast to grow from £2.7 billion ($3.7 billion) in 2024 to over £592 b...