News

SIDTEK won the bronze medal in the second Anhui Entrepreneurship Competition

Publishdate:2023-12-18 Views:313


The second Anhui Entrepreneurship Competition, jointly organized by the Department of Human Resources and Social Security of Anhui Province and seven other departments, successfully concluded on September 17th at the Global Roadshow Center of Zhong'an Chuanggu Science and Technology Park in Hefei. The "Silicon based OLED Microdisplay Device Industrialization" project of Wuhu Microdisplay, a subsidiary of Xitai Technology, won the bronze award in the final with the fifth place result.

In the city competition stage, after multiple rounds of selection including preliminary, semi-final, and final rounds, the company's project emerged from 402 projects in the city, ranking second in total with the other three projects in our city, representing Wuhu to advance to the Anhui Provincial Competition.

The provincial competition focuses on the top ten emerging and leading industries, covering four areas: high-tech, industry chain weaknesses, the "four new" economy, and mass entrepreneurship. Renowned industry technical experts, venture capital experts, and management experts serve as judges to comprehensively evaluate participating enterprises from five dimensions: technology and products, industry and market, team, business model and implementation plan, and financial analysis.

In the semi-finals of the provincial competition, four Wuhu projects, including Weixian, stood out from over 4000 projects in the province and all entered the semi-finals. The company's projects finished fourth and successfully qualified for the finals. After intense competition in the finals, the company's project ultimately won a bronze medal in 20 final projects due to its high technological content, broad application prospects, focus on the shortcomings of the industrial chain, and obvious social and economic benefits.

Xitai Technology is committed to becoming a global leader in semiconductor micro displays. In 2020, it established a wholly-owned subsidiary of Wuhu Micro Display Intelligent Technology Co., Ltd. and fully launched the construction of a 12 inch Micro OLED production line project. Under the leadership of the team leader, the micro display project will continue to focus on core key technologies related to near eye display, striving to become a leading global enterprise in XR display components and creating an innovative highland for the semiconductor micro display industry.





The second Anhui Entrepreneurship Competition, jointly organized by the Department of Human Resources and Social Security of Anhui Province and seven other departments, successfully concluded on September 17th at the Global Roadshow Center of Zhong'an Chuanggu Science and Technology Park in Hefei. The "Silicon based OLED Microdisplay Device Industrialization" project of Wuhu Microdisplay, a subsidiary of Xitai Technology, won the bronze award in the final with the fifth place result.

In the city competition stage, after multiple rounds of selection including preliminary, semi-final, and final rounds, the company's project emerged from 402 projects in the city, ranking second in total with the other three projects in our city, representing Wuhu to advance to the Anhui Provincial Competition.

The provincial competition focuses on the top ten emerging and leading industries, covering four areas: high-tech, industry chain weaknesses, the "four new" economy, and mass entrepreneurship. Renowned industry technical experts, venture capital experts, and management experts serve as judges to comprehensively evaluate participating enterprises from five dimensions: technology and products, industry and market, team, business model and implementation plan, and financial analysis.

In the semi-finals of the provincial competition, four Wuhu projects, including Weixian, stood out from over 4000 projects in the province and all entered the semi-finals. The company's projects finished fourth and successfully qualified for the finals. After intense competition in the finals, the company's project ultimately won a bronze medal in 20 final projects due to its high technological content, broad application prospects, focus on the shortcomings of the industrial chain, and obvious social and economic benefits.

Xitai Technology is committed to becoming a global leader in semiconductor micro displays. In 2020, it established a wholly-owned subsidiary of Wuhu Micro Display Intelligent Technology Co., Ltd. and fully launched the construction of a 12 inch Micro OLED production line project. Under the leadership of the team leader, the micro display project will continue to focus on core key technologies related to near eye display, striving to become a leading global enterprise in XR display components and creating an innovative highland for the semiconductor micro display industry.