SmartKem (SMTK) Partners to Develop Next-Gen Smart Wearables

SmartKem, Inc. (NASDAQ:SMTK) is one of the 6 Best Semiconductor Penny Stocks to Buy Now. On January 6, SmartKem, Inc. (NASDAQ:SMTK) reported that it entered into a 12-month paid proof-of-concept agreement with a global consumer electronics company. The partnership will focus on developing next-generation smart wearable devices that use a conformable MicroLED display powered by SmartKem, Inc.’s (NASDAQ:SMTK) proprietary organic thin-film transistor (OTFT) technology.

The partnership aims to build curved surface wearable devices using OTFT-based MicroLED display technology to address key challenges in the wearables market, including extreme miniaturization, low power consumption, outdoor visibility, and high resistance to impact. This project will combine SmartKem, Inc.’s (NASDAQ:SMTK) proprietary OTFT technology with MicroLEDs using a “chip-first” design to target one of the smallest and most demanding form factors in consumer electronics.

SmartKem (SMTK) Partners to Develop Next-Gen Smart Wearables

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Previously, on December 10, SmartKem, Inc. (NASDAQ:SMTK) shared that it has developed the world’s first all-organic-transistor (AOT) biometric sensor. This technology, which was developed in collaboration with the SJTU, significantly enhances the sensitivity of optical detection for flexible biometric use cases, such as finger or palm print recognition on curved surfaces.

According to the report by SmartKem, Inc. (NASDAQ:SMTK), this new technology also has the potential to address challenges like fingerprint spoofing through advanced liveness detection methods that can catch subtle signals that tell apart real fingerprints from fake ones.

SmartKem, Inc. (NASDAQ:SMTK) is a semiconductor company that focuses on the development of a new class of transistor using its proprietary advanced semiconductor materials.

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Disclosure: None. This article is originally published at Insider Monkey.