STMicroelectronics, Unilumin Develop LED Display For Advanced Video Solutions

STMicroelectronics NV STM and Chinese LED display provider Unilumin collaborated to develop a new Unilumin display using the ST60A2, ST's 60GHz RF transceiver for advanced high-data-rate contactless-transfer solutions.
The ST60A2 contactless connectivity technology opens up new products and applications for advanced video solutions, Unilumin Director Tao Zheng said.
Unilumin solution, created with STMicroelectronics, will be applied in new LED-based display products launched throughout 2021.
Price action: STM shares traded higher by 2.06% at $37.70 in the premarket session on the last check Wednesday.