Shenzhen Sitan Technology

Sitan Technology specializes in the research, development, production, and sale of Micro-LED semiconductor display technology. The company provides one-stop technical solutions for clients in the AR/XR, wearable devices, automotive displays, and tablet display markets. Its business model involves generating revenue by providing Micro-LED products and technology solutions. The product portfolio includes Micro-LED light-emitting and driver chips, micro and large display modules, and Micro/Mini-LED vehicle interactive displays. Sitan has also developed products like optical automatic measurement equipment and Micro-LED optical communication chips. The company uses single-chip integration and quantum-dot color conversion technologies in its products.

Since its founding, Sitan has secured numerous financing rounds to support its growth and production capabilities. Early investments came from the National Science & Technology Achievement Transformation Fund and Saifu Golden Diamond Fund, which enabled the construction of a microLED pilot production line in Shenzhen. Subsequent funding rounds involved notable investors such as Xiaomi, Sequoia China, China Fortune-Tech Capital, and CICC. A Series B round in May 2024, which raised over 150 million yuan, was intended to fund the mass production of its display chips and market development. The company operates a chip design base (Sitan Semiconductor) and a production base (Sitan Integrated) in Xiamen, which is expected to have an annual capacity of 6 million display chip sets. As of mid-2024, Sitan had submitted over 700 intellectual property applications, with more than 400 granted.