SmartKem Inc. to Showcase Innovative MicroLED Technology at Display Week 2025

MANCHESTER, England, May 12, 2025 — SmartKem Inc., a British company listed on the Nasdaq under the ticker SMTK, is set to make a significant impact at Display Week 2025 with its groundbreaking MicroLED Smart Backlight technology. This innovation is poised to revolutionize the Liquid Crystal Display (LCD) market, particularly within the automotive industry.

SmartKem, with a market capitalization of $8.6 million and a close price of $2.23 as of May 8, 2025, is focusing on developing a new class of transistor technology. This technology is expected to drive the next generation of LCDs, offering enhanced performance and efficiency. The company’s efforts are highlighted by its participation in Display Week 2025, where it will present a demonstration of its MicroLED Smart Backlight.

The demonstration aims to showcase the potential of this technology to transform display solutions in the automotive sector. SmartKem’s Chairman and CEO, Ian Jenks, will further elaborate on these advancements during a presentation at the SID Business Conference, powered by Counterpoint Research, on May 14, 2025. The presentation, titled “Changing the World of Electronics: Unveiling a Breakthrough in Transistor Technology for the Future of MicroLED Displays,” will delve into the technical aspects and future implications of SmartKem’s innovations.

Despite a challenging financial outlook, as indicated by a negative price-to-earnings ratio of -0.405971, SmartKem’s strategic focus on cutting-edge technology positions it as a potential disruptor in the electronics industry. The company’s stock has experienced significant volatility, with a 52-week high of $16 on May 27, 2024, and a low of $2.01 on November 17, 2024.

As SmartKem continues to push the boundaries of display technology, industry observers will be closely watching its developments at Display Week 2025. The company’s booth, located at No. 1431, will serve as a hub for discussions and demonstrations of its pioneering MicroLED Smart Backlight technology.

For more information, interested parties are encouraged to visit SmartKem’s booth at Display Week 2025 and attend Ian Jenks’ presentation at the SID Business Conference.