Fundraise

Aoshi Technology raises hundreds of millions of yuan in Series B

What's the deal? Aoshi Technology, a Chinese semiconductor and micro-display developer, has closed a Series B round worth hundreds of millions of yuan. The round was backed by multiple strategic investors and prominent industry funds.

The Shenzhen-based company develops second-generation RGB self-emitting Micro OLED display technology. Its screens use organic lithography to achieve high brightness, high resolution, and low power consumption — targeting XR headsets, AI visual systems, and wearable devices.

Why now? The raise comes as demand for advanced micro-displays surges alongside the growth of spatial computing and AI-powered visual interfaces. Apple's Vision Pro and Meta's Quest line have renewed industry interest in high-performance near-eye displays, and Chinese hardware makers are racing to secure domestic supply chains for critical components.

Aoshi is also expanding into spatial computing and intelligent interaction solutions, offering ODM (original design manufacturing) services for clients across social media, tourism, entertainment, gaming, and sports applications.

What could go wrong? The Micro OLED market is fiercely competitive. Established players like SonyDealroom has a profile for this one. Try Dealroom → and BOEDealroom has a profile for this one. Try Dealroom → already supply major headset makers, and newer entrants face steep capital requirements for volume production. Achieving the yields and cost targets needed to win large orders remains a persistent challenge in advanced display manufacturing.

Geopolitical tensions around semiconductor equipment exports could also complicate Aoshi's access to cutting-edge lithography tools.

The signal: Aoshi Technology sits at the early growth stage, competing in a micro-display market where it must challenge mature incumbents like Sony alongside fellow early-growth rival BOE. Securing a Series B of this size suggests investor confidence that China's domestic XR supply chain can sustain multiple scaled players — but the real test will be whether an early-growth company can close the manufacturing gap against competitors with decades of volume production experience.

Read more: news.qq.com

More top stories