XiTai Tech

About XiTai Tech

Established in June 2016 in Wuhu, China, XiTai Intelligent Technology Co., Ltd. (Sidtek) is a high-tech enterprise specializing in the research, development, and manufacturing of Micro OLED micro-display screens. The company's legal representative is Zhao Zhengxiao, and the chairman is Zhao Zhengtao. XiTai Tech positions itself as a provider of high-quality Micro OLED products and technical support for a global user base, making it one of the pioneering companies in China's silicon-based OLED sector.

The firm's core business revolves around the production of silicon-based Micro OLED displays, which are crucial components for next-generation electronic devices. These displays are noted for their small size, high pixels per inch (PPI), high color gamut, high contrast, and low power consumption. The product portfolio includes various sizes such as 0.39", 0.49", 0.6", and 0.68" displays with different resolutions and refresh rates tailored for specific applications. These products serve a diverse client base across consumer electronics and various industry applications, including AR/VR/MR devices, electronic viewfinders (EVF), FPV (First-Person View) goggles, medical equipment, and smart manufacturing.

XiTai Tech has demonstrated significant growth and technological advancement since its inception. A pivotal moment was the establishment of a wholly-owned subsidiary in 2020 to launch a 12-inch Micro OLED production line project with a total investment of 6 billion yuan. This project complements its existing 8-inch production line, enabling the company to offer a more comprehensive product line to meet the growing demand in the display market. The company has secured substantial funding to support its expansion, including a Series A round in February 2024 that raised over 1 billion yuan, followed by an A+ round in June 2024. These funds are primarily allocated to the construction and operation of the 12-inch production line, which incorporates equipment from leading international manufacturers.