Rongchuang good small spacing market next year will invest about 13 million 60 thousand yuan

Rongchuang lock small spacing market transformation, including Mini, LED backlight applications into television next year, will begin shipping in the third quarter of next year. In addition, the board of directors this year by the previous and the acquisition of U.S. Micro LED with Foxconn startup eLux, rongchuang determined next year to complete the $2 million (about 13 million 60 thousand yuan) injection, layout of the small pitch Micro LED market.

Rong Chuang said, optimistic about the future of LED small pitch products in the market development, the product launch process, Mini LED will be faster than Micro LED, the company currently has with customers at Mini LED backlight in the direction of cooperation and development, the third quarter of next year will launch the Mini LED backlight products, with large size TV shipments headed by wave target.

In product development, rongchuang said, began to be red and green phosphors and other new materials into the new LED package next year, and these new fluorescent powder, in use, will make the end product colors more saturated, expected future sales in the market should be expected to have a positive reaction.

The backlight rongchuang revenues accounted for 90%, the future will continue to lock the backlight market, mainly because the market optimistic about the future of the spacing of the product demand, with 65 inches large size and high order TV 4K8K calculation, Mini LED consumption reached 10 thousand above.

In addition, Foxconn actively into the next generation of display technology, the second quarter of this year by SHARP group and other three companies CyberNet, rongchuang, Innolux Micro LED startups eLux acquisition of u.s.. The proportion of shares, rongchuang is expected to invest $2 million stake, SHARP expects 31.8%, rongchuang shareholding proportion is 13.6%.

Source: Economic Daily

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