Mini LED industry chain will be radical in 2020
Mini LED has a huge market prospect. TrendForce report shows that by 2024, the global Mini/Micro LED market will reach 4.2 billion US dollars. Macroblock believes that the Mini LED market is growing rapidly, and the Mini LED market is expected to exceed US$1 billion in 2023.
In order to meet the upcoming Mini LED market, LED industry chain companies have poured in. In 2020, San'an, Jingdian, HC SemiTek, National Star, Ruifeng, Lehman, Leyard, Unilumin Technology, Hongli, Voge Optoelectronics, etc. will continue to promote the development and industrialization of Mini LED technology. Among them, Qianzhao Optoelectronics raised 1.15 billion yuan for Mini/Micro, high-efficiency LED chip research and development and manufacturing projects; Hongli Mini/Micro LED semiconductor display project phase I was officially put into production, and has reached a small batch supply of many models. A large number of samples, and some models have mass production capabilities; Voge Optoelectronics has achieved a breakthrough in the copper coating technology of Mini LED glass substrates, and various tests have been recognized by customers, and it has entered the stage of small batch production.
As one of the important new display technologies, Mini/Micro LED has also attracted the attention of panel companies such as BOE, TCL China Star, Huike, AUO, Innolux, and Caijing. It is understood that BOE has built a glass-based Mini LED production base and cooperated with Huacan Optoelectronics to develop Mini LED; TCL Huaxing and Sanan Semiconductor have established a joint laboratory with a registered capital of 300 million yuan, focusing on the development of Micro-LED display technology; Huike A 55-inch Mini LED backlit quantum dot TV was exhibited, with a dot pitch of 0.1845mm, a peak brightness of 1000cd/m2, and a contrast ratio of 100,000:1. Caijing acquired Hexin Optoelectronics' idle plant in Nanke mainly to meet future operational needs and to develop Mini/Micro LED panels.
Jiwei Consulting analysts pointed out that panel manufacturers previously had some intersections with LED companies in the field of backlight modules, and now they will carry out more in-depth cooperation with LED companies in the field of Mini/Micro LED. Because the Mini/Micro LED industry chain is relatively long, it requires the support of panel manufacturers TFT and technological breakthroughs such as LED chips from LED companies. Neither party alone can provoke the industrialization of Mini/Micro LED.
Mini LED applications are not hot in 2020
Compared with a prosperous Mini LED industry chain, the Mini LED application market in 2020 is slightly bleak. Mini LED backlight is in the stage of tasting it in TVs, monitors, notebook computers, car displays and other application markets. Although the Mini LED direct display market maintains rapid growth, its market penetration rate is still very low.
Mini LED direct display breaks through the limitations of seam, size, ratio and resolution, and makes up for the shortcomings of LCD single screen or LCD splicing screen. It has obvious advantages in the market of 100 feet and above, and has the opportunity to integrate large screen splicing and LED conference. The rapid penetration of the machine and other markets. In 2020, Samsung, LG, Leyard, Unilumin, Lehman, National Star Optoelectronics, Alto, etc. have all released Mini LED direct display products, but due to higher prices, Mini LED direct display products are not in the market. Arouse big waves.
Mini LED backlight applications are generally digital products and are more cost-sensitive. The release time of iPad Pro products equipped with Mini LED backlights has been postponed to 2021, resulting in mediocre Mini LED backlight application market performance in 2020.
In 2020, Mini LED backlights will be successfully applied to TVs, monitors, notebook computers, tablet computers, and car displays. It looks hot, but in fact most of the manufacturers are just to show their muscles, and there is no large-scale application or promotion. In 2020, TCL, Xiaomi, Konka, etc. all launched Mini LED backlit LCD TVs, but they are all positioned as high-end products, and sales are very limited; Dell exhibited a 31.5-inch Mini LED backlit medical display, but it is still improving and has not been listed. Sales; MSI launched the world's first Mini LED backlit LCD screen notebook computer Creator 17, mainly for design, gaming and other professional user groups; TCL Huaxing exhibited the world's first 48-inch 8K In-cell Touch AM Mini-LED backlit curved car The screen has not yet been adopted by car manufacturers.
Mini LED applications are expected to change in 2021
In 2021, the Mini LED application market is expected to usher in a turning point. The influx of major manufacturers such as Apple, Samsung, Hisense, and LG will promote the widespread application of Mini LED backlights in tablet computers and TVs.
Apple iPad Pro and MacBook are expected to introduce Mini LED backlights in 2021. Jingdian is actively cooperating with Apple to convert 95% of its production capacity in Taiwan, China into Mini LEDs. In 2021, Apple will become one of the main forces in Mini LED backlight applications.
Not only Apple, but Samsung tablet PCs and TVs are also actively introducing Mini LED backlights. Samsung will not only release the Galaxy Tab equipped with Mini LED backlight, it will also launch 55-inch, 65-inch, 75-inch, 85-inch and other size Mini LED backlight TVs. It is expected that the shipment target will reach 2 million units in 2021, which will accelerate the application of Mini LED. universal.
In addition, in 2021, Hisense will officially mass produce 4K 120Hz overlay TVs equipped with Mini LED backlight; TCL will launch a new OD Zero Mini LED backlight TV; LG will release QNED TVs with quantum dot technology and Mini LED backlight.
In 2021, Mini LED backlight will accelerate the popularization of TVs, notebook computers, tablet computers and other applications, and is expected to become the first year of Mini LED backlight popularization, thus driving the display industry into a new era of Mini LED.