Jufei Optoelectronics said on Wednesday that the company's small-pitch display LED business exhibition was relatively smooth, and it has already achieved mass production and sales, and the market demand shows a high-speed growth trend. As a strategic new business of the company, the small-pitch display will speed up the expansion according to the market demand, and will become the company's new profit growth point in the future.
The new display system application and smart lighting with the small pitch of LED display as the core are bringing great expectations to the industry.
With the lighting and LCD backlight market, the LED industry is becoming the most “growth point†in the LED industry.
In recent years, the development of small-pitch LED screen technology has greatly expanded the application space of LED screens indoors. The small-pitch LED screen market has quadrupled the market size in 2014-2015, bringing a large amount of output value and upstream and downstream demand.
The demand for lamp beads in the lighting industry is determined by the “ratio of total illumination brightness to luminous efficiencyâ€. The demand for lamp beads for small-pitch LED screens and other LED display products is mainly due to the total “total display area and resolution productâ€. And the "light bead specifications" decision. That is, the market needs more display area and the resolution of display devices is continuously improved, which is conducive to increasing the demand for LED chips in the market.
And this year, one of the main drivers of LED upstream price increases is the rapid growth in demand for display screens represented by downstream small pitches.
The indoor and outdoor small-pitch market continues to be hot, and some institutions predict that there will still be nearly 40 billion new annual demand in 2017-2018. In recent years, with the advantages of seamless splicing of small-pitch LED displays, DLP and LCD splicing displays are gradually being replaced, and the trend of accelerated growth is presented.
In addition, the outdoor display has also begun to appear in the trend of small-pitch packaging. With the surface-mount LEDs suitable for outdoor use, the technical problems of high-definition and high-density of outdoor displays are gradually emerging, and the average spacing is from P10 progresses below P6 and is expected to grow explosively.
Liard's semi-annual report data shows that in the first half of the year, the company achieved operating income of 1.732 billion yuan, an increase of 188.44% over the same period of last year; the net profit attributable to ordinary shareholders of listed companies was 184 million yuan, an increase of 125.67%.
Its small-pitch TV newly signed a single 1.1 billion yuan, an increase of 104% over the same period last year, and the gross margin of small-pitch TV remained at 39.78%. Other listed companies such as Chau Ming Technology, Lian Jian Optoelectronics, Alto Electronics, Lehman, etc., which are involved in the LED display business, have also enjoyed satisfactory display business performance this year.
The rapid growth of orders has also led to a situation where the supply of lamps is in short supply.
According to the latest three quarterly reports of Liard, the newly-set LED small-spacing in the first three quarters was 1.24 billion, up 75% year-on-year, but the order was lower than the company's expectation. The main reason was not the slowdown in market demand, but the serious supply of upstream lamp beads. insufficient.
According to Liard's prediction, the small-pitch LED display will increase by 50% in the next five years.
In view of the rapid growth in demand for small-pitch LED displays, LED package makers Everlight Electronics has expanded the packaging capacity of small-pitch LED chips from 600 million to 1 billion per month.
In the first half of 2016, Everlight's production line of small-pitch LED package products was fully loaded, and it is expected that the proportion of the industry's revenue in revenue will increase from 8% in 2015 to 12% in 2016.
Mainstream small pitch products have dropped from P2.5 in 2015 to today's P2.0. For products below P2.0, use 1010 (size specification), 0808 or even 0606 and 0505 LED chips. By 2020, the mainstream pixel pitch will drop to 0.8mm.
As one of the major suppliers of small-pitch LED devices in China, Guoxing Optoelectronics has continued to expand production three times since the second half of last year.
The first expansion of output is now in the announcement of the resolution of the board of directors of Guoxing Optoelectronics. The description of the expansion background is “according to the company's strategic development plan and fully researching market demandâ€; in this year's two announcements, Guoxing Optoelectronics started Explain the expansion by using the “mitigation of insufficient capacity (situation)â€.
In an interview with reporters, Guoxing Optoelectronics said that the first two rounds of expansion have achieved more than 40% capacity increase. "With the further popularization of LED products and the continuous expansion of market applications, the demand for company product orders continues to be full."
Also in the expansion phase is the Jingtai shares.
The 660 LED automatic packaging production line of Suzhou Jingtai Optoelectronics Phase I project started in April 2015 and was officially put into operation in September 2016. The company is preparing for the second phase of the project with an estimated total investment of 1.5 billion yuan, mainly to produce small-pitch packaging devices, and build more than 1,300 fully automatic packaging production lines, which will form a monthly capacity of 10,000 kk after production.
An important reason for this round of expansion is the tight supply and demand of display devices. In particular, the rapid growth in demand for small-pitch display screens has led to insufficient supply of upstream capacity.
Gong Wen, general manager of Jingtai Co., Ltd. believes that “the expansion of the packaging enterprise is mainly due to the growth of the entire display market. With the increasing proportion of small-pitch applications, the use of LED lamp beads per unit area is also increasing. Bigger."
With a number of LED packaging companies such as Jufei Optoelectronics joining the small-pitch market battle, it will undoubtedly bring some new changes to the market.
Ceramic Switch,Ceramic Light Switch,Ceramic Rotary Switch,Alumina Ceramic Switch Block
Yixing Guangming Special Ceramics Co.,Ltd , https://www.yxgmtc.com