Following the new investment in Mini/MicroLED and other fields of about 43 billion yuan in 2020, the new investment in Mini/Micro LED and other fields will soar to 73.5 billion yuan in 2021, a new high.
According to the incomplete statistics, as of October 31, 2021, the new investment in Mini/Micro LED and other fields has exceeded 73.5 billion yuan. Among them, the LED industry chain occupies most of the investment. The midstream package end is the focus of this year's investment.
From the perspective of market products, all types of Mini LED products are almost all released this year. Leading by technology giants such as Apple, Huawei, Samsung, and Xiaomi, well-known display veterans such as AOC, HKC, and TCL have followed up and established Mini LED as a future development trend, which will also drive the rapid growth of the upstream and downstream of the Mini LED supply chain.
It can be predicted that Mini/Micro LED will be widely used in the display market for a long time in the future, and even like LCD, it will coexist with other display technologies in the market with the advantage of low production cost and convenience.
Downstream display terminal
On the downstream application side, Mini LED can be used in multiple display fields such as professional, commercial, consumer, rental, sports, and creative displays. Under current cost constraints, MLED will be applied first in the high-end and mid-to-high-end ranges of these fields.
At the same time, major panel manufacturers have adopted Mini LED backlight as one of the new backlight evolution directions. TCL, BOE, Ronda and other companies are actively investing in the construction of Mini LED backlight modules, panels, and complete machine production lines.
Moreover, the downstream terminal demand is inseparable from the support of the upstream industry chain. Under the background of the outbreak of terminal demand, the Mini LED industry chain is expected to be pulled and enter a period of upswing.
2021 is regarded as the first year of Mini LED commercialization by the industry, and the enthusiasm for investment in the upper, middle and lower reaches of the industry chain is high, ranging from tens of millions to tens of billions, proving that the Mini/Micro LED industry has a promising future.
Due to the higher challenges brought by the new technology of MLED in all links of the industry chain, industry barriers have gradually emerged. Leading companies often have sufficient funds to take the lead and accelerate the deployment of MLED, and they are also more favorable in terms of industry chain cooperation. The first year of MLED will come. Greatly promote production capacity and cause a new round of growth in all links of the industrial chain.
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