On December 22, 2021, Jucan Optoelectronics announced that the company's "High-bandwidth, high-efficiency GaN-based optical communication and display chip R&D and industrialization" project received 14 million yuan from the provincial financial support, of which 12 million was funded by the project. Yuan, the loan interest discount is 2 million Yuan. Recently, Jucan Optoelectronics has received 11 million yuan of the above-mentioned subsidies, and the remaining subsidy is 3 million yuan to be paid in the future.
It is reported that Jucan Optoelectronics "High-bandwidth, high luminous efficiency GaN-based optical communication and display chip development and industrialization" project is a key scientific research project implemented by Jucan Optoelectronics and the Institute of Semiconductors of the Chinese Academy of Sciences. The target product of this project is visible light communication. High-bandwidth, high-efficiency GaN-based LED chips for lighting and communications, and Mini/Micro LED chips for high-end display applications, are at the upstream of the LED light source and display industry chain.
The company believes that the successful application of this project will help the company's breakthrough in the key technology of "visible light communication based on the light source of the lighting source or display panel" and the commercialization of the company's high-end display application Mini/Micro LED chips. The company's current product layout and long-term development plan have a positive impact.
