News Release - Magna and Rohinni Form JV to Bring Game-Changing Lighting to Mobility
- Paves the way for high-volume micro and mini LEDs to enter the mobility space
- Thin, flexible lighting creates many new possibilities for design and product differentiation
- Combines Magna's electronics and software expertise with exclusive use of Rohinni's innovative lighting technology
The Magna-controlled joint venture,
Rohinni's thin-film micro and mini LEDs can be utilized for almost any application, which creates new possibilities for design and product differentiation. Additionally, the company has developed technology to place micro LEDs onto a substrate surface with the speed and accuracy needed to support high-volume production. Freed from cumbersome traditional LED manufacturing techniques, the joint venture will be able to bring micro and mini LED-based products to market more quickly and cost-effectively.
"Our team is extremely excited about partnering with Magna for this joint venture," said Rohinni CEO
Magna has also made a minority equity investment in Rohinni based on the promising application of their leading micro and mini LED technology in a range of other industries, applications and products.
"This joint venture with Rohinni brings thin, flexible lighting technology that mobility has not seen before," said Magna CTO
Automotive lighting, microchip, micro LEDs
We have more than 173,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a mobility technology company and one of the world's largest automotive suppliers with 339 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the
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