Sanan Optoelectronics Co., Ltd. Class A 600703

Sanan Optoelectronics, China's largest LED chipmaker, has abandoned its $239 million bid to acquire Dutch lighting firm Lumileds after CFIUS blocked it.

In 2025, the global microLED display market is at a pivotal stage as it shifts from extensive R&D to initial commercialization, overcoming setbacks like Apple's 2024 microLED smartwatch project cancellation. This market, containing around 120 companies globally, is primarily concentrated in Taiwan, China, South Korea, and the US/Europe. With significant production capacity ramp-ups in Taiwan and China, the first commercial microLED products, including the Garmin fēnix 8 Pro, are emerging. Despit