In the past two years, LED factories and domestic panel factories have joined forces to actively enter Mini LED, and the application is expected to gradually appear in the second half of the year. This is a good opportunity for the LED factory that has been in operation for a long time to turn around.
Traditional LED backlight applications have been used in displays for many years. Not only are the applications mature, but the technology has reached a bottleneck. In addition, the traditional blue LED production capacity is seriously oversupplied, which has led to the decline in the operating profit of traditional backlight LEDs. Organic light-emitting diode (OLED) display applications, which have been developed for more than ten years, have gradually matured. Their high functionality such as thinness, flexibility, etc. have continued to erode the LED backlight display market, failing to take the lead in OLED displays. Factories, must find a new way out, Mini LED came into being.
Last year, Jingdian proposed the concept of Mini LED, which was echoed by domestic panel manufacturers. After more than a year of running-in, manufacturers including Jingdian, Everlight, Ronda, Hongqi and Dongbei have confirmed that Mini LED related products will be shipped in the fourth quarter at the slowest, and the volume can be increased in the first half of next year. LED factories are expected to repeat the glory of LED backlight application in 2009 due to the increasing penetration of Mini LED.
The installation cost of an OLED factory is about 200 billion yuan, and the large-sized OLED panel is too expensive. In comparison, only the Mini LED that has existing LED equipment and the production capacity expenditure has been mostly depreciated, and the manufacturing cost is expected. It is far lower than the OLED panel, coupled with better picture quality. In the future, Mini LED is bound to occupy a place in the display backlight market.