LED market oversupply Mini LED crystal power transformation key points

Blu-ray LED has been pushed to the Red Sea under the vicious competition price. The proportion of Crystal electricity in lighting applications has gradually dropped to about 40, and backlight application is the second largest source, accounting for about 20. In order to increase revenue and profit, Jingdian is the first to invest in the development of Mini LED technology. Backlight of displays such as mobile phones, televisions and high-end notebook computers are the main potential applications. Many industries have suffered from oversupply in the market for a long time. the LED industry is also facing a similar dilemma. In recent years, Jingdian has drastically reduced costs, will focus on large-scale factory production, and is committed to optimizing the product mix. Last year, it finally showed results. Although the revenue is equivalent to last year, the gross profit has turned better and the profit has been paid. Entering Mini LED, VCSEL and GaN on Si mass production is the key point of Crystal electricity transformation, but since it is still in its infancy, there has not been any substantial contribution last year. Fan Jinyu, deputy general manager of business and marketing, said that Jingdian's VVI strategy, in a virtual vertical integration approach, assists customers in developing downstream applications, which is different from the one-stop approach adopted by the mainland's peers. Jingdian will introduce CSP technology applied to TV backlight and mobile phone flash into the lights. It is one of the results of product optimization in recent years. It is expected to be introduced this year and the relevant results will be displayed at the Taipei lighting show in April. Blu-ray LED has been pushed to the Red Sea under the vicious competition price. The proportion of Crystal electricity in lighting applications has gradually dropped to about 40, and backlight application is the second largest source, accounting for about 20. In order to increase revenue and profitability, the market named Jingdian is the first to invest in the development of Mini LED technology. The backlight of displays such as mobile phones, televisions and high-end notebooks is the main potential application. It is expected to launch an application technology solution in the second half of the year. Fan Jinyu said that the application of Mini LED is extensive, and there are many cases currently being discussed. It is conservatively estimated that mass production is expected before the end of the year. In infrared (R) In the supply chain of LED, Crystal electricity also plays an important role. ir vcsel has the same materials and equipment as ir led. Crystal electricity has the advantage of short learning curve when entering VCSEL. there has also been good progress in improving the conversion efficiency, and the yield has continued to improve. VCSEL can emit unique structural light, which has good application potential in 3D face recognition, industrial automation, unmanned aerial vehicle and even self-driving. Crystal Electric is positioned as a VCSEL foundry. At present, Lei chip, which mainly manufactures data transmission applications, has been negotiated by all parties since last year. New customers will be added this year, and VCSEL foundry business for sensing applications is also actively preparing. The demand for VCSEL has increased substantially, but the threshold for entry is high. The increase in supply is limited in the short term. The gross profit margin is much higher than the average LED. Under the strategy of adjusting the product mix, invest more resources in research and development and the establishment of VCSEL production lines to accelerate mass production in the third quarter.