May 06, 2024

Small spacing shows rapid development of mid-stream packaging to benefit the industry

Benefiting from the overall growth of the lighting market and the continuous increase in the penetration rate of LED lighting after the ban, the domestic LED lighting market grew rapidly. In the third quarterly report, the operating income and net profit of major lighting companies increased. Lighting branding strategy is beginning to take shape.

Small pitch display welcomes rapid development

In 2015, the price of LED display decreased after the price of lamp bead decreased. The LED display with the advantage of display effect replaced the trend of DLP obviously, indicating that the company ushered in a period of rapid growth in performance.

The chip industry’s disorderly expansion is over, and the scale effect is significant.

MOCVD purchase subsidies will be cancelled and the number will remain stable in the next year or two. Downstream lighting shows a growing demand, especially for small-pitch displays, where the demand for lamp beads is growing rapidly, and industry supply and demand relationships are changing.

Midstream packaging benefits the industry to pick up, new technology opens new blue sea

Industry supply and demand improvement is also beneficial to the midstream packaging industry, especially RGB small-pitch packaging companies. Large-scale enterprises are also benefiting from the improvement of the requirements for lamp beads and the enhancement of industry concentration. The new technology of ultraviolet infrared LED has opened up a new market, and the profitability of related companies with technical barriers has been greatly improved.


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