The Revenue of Mini LED Is Expected to Account for 7% of the Total Revenue of Crystal Power in 2019,

Recently, some foreign investors pointed out that Jingdian Mini LED products will be shipped in small quantities in the second half of the year and will be supplied to China. In fact, as early as the beginning of the year, insiders disclosed that domestic mobile phone manufacturers such as Huawei, oppo and Xiaomi plan to launch smartphones with mini LED backlight display in the second half of this year.

Crystal power has said that the production of mini LED chips for smart phones and televisions will be started in the second half of 2018, and the mini LED chips for high-end game displays may also be put into production in the second half of 2018.

Mini led was proposed by Jingdian. Li Bingjie, chairman of Jingdian, believes that mini LED has the opportunity to become the mainstream backlight product in the future. Jingdian also revealed that mini LED made a certain contribution to Jingdian (revenue) in the second half of this year, but the significant contribution is estimated to be next year.

According to the analysis of sources, mini LED products will account for 3% 5% of crystal power's revenue in the second half of the year. In view of the negotiation and cooperation between Jingdian and many manufacturers in mobile phone, automobile, television and other fields, mini led revenue is expected to account for 7% of Jingdian's total revenue in 2019. Crystal power is expected to have 30% 40% of nitride capacity for production by 2020. If nitride accounts for 65% 70% of crystal power's overall revenue, mini LED will contribute 20% 25% of revenue in 2020.

In fact, as early as the beginning of the year, insiders broke the news that domestic mobile phone manufacturers such as Huawei, oppo and Xiaomi plan to launch smartphones with mini LED backlight display in the second half of this year. They have asked panel manufacturers in Taiwan to start production from June this year and speed up mass production. Mobile phone manufacturers have been seizing AMOLED screens since last year. In view of the fact that Apple may launch more new models of AMOLED screens this year and the gradual popularity of comprehensive screens, ensuring the supply of AMOLED screens has become a thorny problem. The disclosure was made against this background.

At present, chip manufacturers such as Jingdian, Longda, San'an and Huacan, panel manufacturers such as Youda and qunchuang, and packaging manufacturers such as Yiguang, rongchuang, Hongqi and Seoul semiconductor are also optimistic about the prospect of mini led and increase the research and development of related products.

Mini LED (submillimeter light emitting diode) refers to an LED with a grain size of more than 100 microns. Mini LED is a technology between traditional LED and micro led. In other words, it is an improved version based on traditional LED backlight.

From the perspective of mass production, compared with micro led, mini LED has lower technical difficulty, easy to achieve mass production and high yield. Most existing production equipment can be used for mass production.

From the perspective of performance, mini LED has the characteristics of power saving and high efficiency. Its saturation and high dynamic range are better than OLED, and it saves 50% power than OLED. With special-shaped cutting characteristics, it can realize curved backlight with soft panel, and its thickness is close to OLED.

From the perspective of cost, the cost price of mini LED module is about 20 30% higher than that of LTPS panel module, but it is still lower than that of OLED. For example, the price of TFT LCD TV panel designed with mini LED backlight is only 60-80% of that of OLED TV panel, but the brightness and image quality are similar to OLED.

The Revenue of Mini LED Is Expected to Account for 7% of the Total Revenue of Crystal Power in 2019, 1

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