Bloomberg: Apple developing its own screens based on MicroLED technology

Apple started investing in MicroLED technology back in 2014 when it acquired LuxVue Technology, a start-up that is seen as a pioneer of MicroLED. Initially, it was presumed that Apple will introduce the first MicroLED screens into the Apple Watch, but that has yet to happen.
Even so, the first mass-market products that will include MicroLED screens will not be ready this year and perhaps not even the next. Since the MicroLED displays are more difficult to produce than OLEDs, Apple has even taken into consideration killing the project altogether last year.
However, Apple's engineers made a breakthrough that saved all the work they have previously put into developing the MicroLED screens. It looks like they are now making steady progress towards turning it into a mass-market technology.
source: Bloomberg