The LED supply chain of the platform system will produce Mini LED in the second half of the year.

According to the report of the state advisory LED Research Center (LEDinside), the LED industry benefited from the development of Mini LED, which will start a new wave of growth. Mini LED has the characteristics of power saving, thin, high contrast and high surface display. It is expected to be widely used in TV, electric competition, smart phone, car panel, display and so on. In 2023, the output value of Mini LED is estimated to be 1 billion dollars, and the overall LED output value will grow 8% in the next five years.

The market is expected to be LED supply chain in the second half of the production of Mini LED, currently actively expanding the Mini LED application products including Guang Lei, Rong Chuang, million light, Longda, crystal and so on. The trend is to be led by the fermenting trend, last week, the leader won the legal person card, the stock price rose 10%, Taiwan half, takah, Dongbei, Rong Chuang, Addison and other related stocks also rose sharply, leaping the new focus of the disc.

The three main product lines are LED light emitting components, sensing elements and LED lighting, car lighting and other system products. As the LED light emitting elements and system products are under the pressure of the supply chain of the mainland, this year, the combination of the products, the proportion of sensing components and special lighting products, and the development of the Mini LED in the small space display are strengthened.

Hon Hai Group's wing Chuang, is expected to start shipping Mini LED in the third quarter of this year, initially introducing TV backlighting applications, with large size TV as the first wave target.

Mini LED is also expected to be produced in the third quarter, which is expected to boost revenue and gross profit. According to the legal person forecast, the May revenue from the crystal will be affected by the off-season industry, which is slightly higher than that in April. In June, it started to stock up in the peak season, and the products are quoted back to the temperature, and the performance is expected to be further higher than that in May.

Source: Economic Daily

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