# Raontech wins $3M LCoS microdisplay development contract for AR glasses

Raontech signed a development and supply agreement with an overseas customer for LCoS-based microdisplay backplanes for AR smart glasses. The initial contract is valued at $3 million (KRW 4.6 billion), with an option worth $1.9 million (KRW 3.1 billion) for a second product.

- Type: Contract
- Announced: 2026-07-06
- Where: South Korea
- Value: $3.00M
- Status: announced
- Products: LCoS microdisplay backplanes for AR glasses
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Raontech](https://endata.com/companies/79151.md)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=12007), 2026-07-07: "Raontech will develop next-generation microdisplay backplanes for augmented reality (AR) smart glasses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.