In the display industry in the past two years, the popularity of Mini LED is obvious to all. From flat panel, notebook to TV, various leading brands in the industry have joined the Mini LED camp. At present, the mainstream application of Mini LED technology is mainly used as LCD backlight, with thousands of LED chips constitute the entire backlight module, to improve the display effect.

The booming demand for Mini leds has accelerated the introduction of Mini leds by upstream chipmakers. Recently, According to DIGITIMES, the chairman of Ennostar, the parent company of Taiwan LED chipmaker, Said to the outside world that The company is establishing a Mini LED chip production line equivalent to 300,000 4-inch wafers per year in Mainland China to meet the needs of market customers. The production lines will be operational from the second quarter of 2022, the report said.

Crystal Optoelectronics is currently a major supplier of Apple's Mini LED chips, which are used in Apple's Pro Display XDR, 12.9-inch iPad Pro and high-end MacBook Pro.

At present, the growth rate of MIni LED products is rapid. According to data, the shipments of MIni LED backlit TV only for TV category will reach 1.6 million units in 2021, and the shipment scale is expected to reach 9 million units in 2025. Upstream is also gearing up to cope with the surge in demand. In addition to Jingyuan, mainland LED chip manufacturers have also achieved the mass production of Mini LED chips, including SAN 'an Photoelectric and Hucan Photoelectric.

In 2020, SAN 'an optoelectronics has achieved mass supply of Mini LED and Micro LED chips, and become the primary supplier of Samsung and signed a supply agreement. TCL's 8K Mini LED LED smart screen 85"X12, released in the second half of 2021, is also known to be supplied by SAN 'an Optoelectronics, which is rumored to have passed the certification of Apple's Mini LED supplier. At the end of 2020, Hucan optoelectronics also increased its investment in Mini LED r&d and manufacturing projects to expand Mini LED production capacity. It is reported that Huawei V75 Super smart screen up to 46,080 Mini LED chips are provided by Hucan Photoelectric alone. In addition, domestic TV giant Hisense also recently entered the lead of the domestic LED industry, one of the dry light photoelectric.

In general, with the continuous influx of capital and the improvement of upstream chip supply capacity of the industry, the development momentum of Mini LED is worth expecting in the future, and it will become a strong competitor of OLED in middle and high-end products.