Fucai MiniLED Is About To Increase In Volume For Blue LED Production Capacity

- Mar 18, 2021-

Fucai MiniLED is about to increase in volume, which is expected to account for more than 30% of blue LED production capacity

The LED manufacturer Fucai Investment Control was affected by the Lunar New Year holiday in February this year, and its revenue dropped. With the restoration of working days, the launch of new MiniLED applications, and the gradual increase in shipments, it is expected that the revenue will rise in March and the second quarter is expected Further warming.

Apple is about to launch a new generation of high-end tablet PC iPad (12.9 inches) and a new notebook Macbook (14 inches/16 inches) using MiniLED backlight technology. The initial MiniLED is mainly supplied by Fucai Investment and Control. It is expected that more brands may gradually introduce MiniLED designs in the future.

It is estimated that the gross profit margin of MiniLED chip products may be more than 20%. As the scale of shipments increases, it will help optimize the blue LED product portfolio. According to company estimates, MiniLED is expected to account for more than 30% of blue LED production capacity this year.

On the other hand, the automotive market's warming and growing demand for sensing applications will also provide important momentum for the prosperous red quaternary LED and infrared product business. The company is also optimistic about the follow-up performance of III-V semiconductor components and GaN Epi Wafer foundry business.

Fortune's cumulative revenue in January and February this year was approximately 4.318 billion yuan (NTD), a double-digit growth compared with the same period last year. Mainly benefited from the strong demand for automotive LED and IT backlight application products, it is expected that the contribution from MiniLED will gradually increase after the second quarter.

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