Demand for Mini LED will explode

- Dec 24, 2019-

Mini LED BLU (backlight unit) has become a stand in recent years due to its display performance comparable to OLED, plus its product life is much better than OLED, and its cost is very competitive in large-size applications. It is suitable for large-size products with long product life cycles. The focus of the plant layout is that many PCB manufacturers have invested resources in the hope of becoming a new growth driver.

The legal person estimates that with the maturity of the Mini LED supply chain in the future, costs will continue to decline, and the penetration rate will increase rapidly. It is expected that Mini LED BLU demand will explode in 2020, and the market size will grow significantly from US $ 200 million in 2019 to 2020. The annual compound growth rate will reach 47.6% in the year of USD 600 million and USD 1.4 billion in 2024.

Among them, the huge amount of Mini LED is a key technology. Due to the difficulty of mass production, and the production process involves optical design capabilities, it is a key technology in the industrial chain. The legal person is optimistic about Taiwan Watch's leading in SMT technology, and will become the first choice for Mini LED large-volume transfer suppliers. In addition, the product quotation is very competitive, and it is expected to become a leading supplier of high-profile Mini LED large-volume transfer.

With Mini LED driving the main growth, the legal person optimistically predicts that Taiwan Watch Division will continue its strong growth momentum in 2019 and its profit performance is expected to exceed 2019, setting a new record high. (Source: Lianhe Wanbao)