Mini LED demand is on the rise Industry is expected to accelerate
Since the start of the Mini LED application in the second half of 2018, more and more high-end displays have adopted Mini LED backlight technology in 2019, and even the display has gradually introduced RGB Mini LEDs. It is expected to be heavy in the second half of 2020. The Micro LED, which was originally thought to have been available for at least five years, will have a small production test in the fastest 1-2 years as the number of input manufacturers increases and process technology breaks through.
At present, mainland China, Taiwan and South Korea have actively attacked the Mini LED market. The Taiwanese LED factories such as Jingdian, Yiguang and Ronda have entered a small shipment stage. Industry sources pointed out that Mini LED demand will continue to grow.
Huatai Securities analysis pointed out that due to the high resolution, high contrast, high color saturation and other advantages of Mini LED, it is expected that the penetration rate of Mini LED will be greatly improved in 2020, which will drive the industry to return to temperature. From 2018 to 2020, the size of China's Mini LED market is expected to maintain an increase of around 175%. In 2020, the size of the Mini LED market will reach 2.2 billion yuan. The research institute recently estimated the penetration of Mini LED backlights in IT, TV and tablet applications in 2024, or 20%, 15% and 10%.
Lehman Optoelectronics' new COB display encapsulant has been developed to meet the needs of next-generation Mini/Micro LED displays.
In 2015, Guoxing Optoelectronics began to lay out MiniLED and MicroLED technologies, and has been at the forefront of the market in the field of MiniLED display.
Alto's Mini LED products have been successfully applied to the Nanjing Public Security Bureau and are used in key projects in China, France, Japan, Switzerland and the Netherlands.
