"Apple Abandons MicroLED Display Development for Apple Watch, Cuts Jobs"

Apple has abandoned its plans to develop microLED displays for the Apple Watch Ultra due to the technology being too expensive and complex to design. The company is reorganizing its display engineering teams and laying off employees in the U.S. and Asia, with some being offered other roles within the company and others receiving severance. Apple will continue to use OLED display technology for the Apple Watch "for now," but is "eyeing microLED for other projects down the road."