Mini LED demand will soar in the second half of 2018

According to related data, Mini LED applications will soar in the second half of 2018, and LED epitaxial wafers and chip maker Epistar will also start selling in the third quarter or fourth quarter of 2018 for smartphone backlight illumination and ultra-fine pixels. Pitch indicator Mini LED.

Mini LED demand will soar in the second half of 2018

Epistar also revealed that it is currently testing the application of LCD TV backlight Mini LED chips, but due to the lack of appropriate local dimming driver IC, its development is not yet mature.

It is estimated that between 2017 and 2023, the annual average compound growth rate of LED industry will reach 8%, mainly due to the growth of Mini LED and MicroLED. The output value of the global Mini LED and MicroLED modules will also reach 4 billion US dollars, of which the output value of Mini LED and MicroLED chips will reach 400 million US dollars.

Epistar expects the Mini LED to account for 30-40% of its total capacity in 2020, and plans to start production of MicroLED by 2020.

As Chinese manufacturers gradually increase new production capacity since the end of 2017, LED chips have a tendency of oversupply. Demand for LED backlights will bottom out in the second quarter of 2018 and then rebound in the next quarter.

Due to the strong demand from local government outdoor LED lighting projects in China, Epistar has fully utilized the AlGaInP LED chip production capacity and plans to expand its production capacity by 25%. At present, the income ratio of AlGaInP LED has risen to 40%.

At the same time, Epistar is testing VCSEL (Vertical Cavity Surface Emitting Laser) diodes for 3D sensors and may begin small-scale trial production in the fourth quarter.

Epistar expects future business growth will come from filament lamps, lamps, outdoor and commercial lighting, plant growth lighting, automotive exterior and interior lighting, infrared LED sensors, ultra-fine pixel pitch displays, and Mini LED and MicroLED applications.

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