Plymouth manufacturer Plessey Semiconductors Ltd made a £7.8m profit and took on more staff despite the Covid pandemic due to global hunger for its world-leading technology.
The company, which operates out of its own factory at Roborough on the edge of the city, is a leading developer at the forefront of micro LED technology, which is used in display screens such as smartphones, TVs and laptops.
A globally recognised brand, in 2020 Plessey struck a deal with Facebook to develop augmented and virtual (AR and VR) technology “smart glasses”.
