MicroEmissive Displays Group (MED), a Scottish developer and manufacturer of low-energy micro displays, plans to build a production facility in Dresden, Germany.The company intends to take advantage of the cluster of technology companies and research organizations in and around the city, including the Fraunhofer Institute for Photonic Microsystems, the company said Thursday. Dresden, a key technology hub in the former East Germany, is home to a number of high-tech companies today, including the German subsidiary of Advanced Micro Devices. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe MED produces screens with a polymer organic top light emitting diode base. The screens, according to the company, offer benefits such as small size, low power requirements and high image quality. The technology is particularly suitable for portable and personal battery-powered consumer products such as digital still cameras, video cameras and wearable displays, MED said.The new plant is estimated to cost 13 million euros (US$16.5 million). The Saxony state government has offered MED a “comprehensive” subsidy to attract the company to Dresden, MED said. The company did not provide the amount of the subsidy. -John Blau, IDG News Service (Dusseldorf Bureau)Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Unlocking value: Oracle enterprise license models for optimal ROI Helping you maximize your return on investment of Oracle software program licenses is not as complex as it sounds—learn more today. By Rimini Street Oct 02, 2023 4 mins Managed IT Services IT Management brandpost Lessons from the field: Why you need a platform engineering practice (…and how to build it) Adopting platform engineering will better serve customers and provide invaluable support to their development teams. By VMware Tanzu Vanguards Oct 02, 2023 6 mins Software Deployment Devops feature The dark arts of digital transformation — and how to master them Sometimes IT leaders need a little magic to push digital initiatives forward. Here are five ways to make transformation obstacles disappear. By Dan Tynan Oct 02, 2023 11 mins Business IT Alignment Digital Transformation IT Strategy feature What is a project management office (PMO)? The key to standardizing project success The ever-increasing pace of change has upped the pressure on companies to deliver new products, services, and capabilities. And they’re relying on PMOs to ensure that work gets done consistently, efficiently, and in line with business objective By Mary K. Pratt Oct 02, 2023 8 mins Digital Transformation Project Management Tools IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe