2022 has been half, half year, LED industry for Mini/Micro LED enthusiasm is not reduced. This period statistics LED industry investment dynamics in the first half of the year.

（Note: Not all of the investment amount this time is invested in Mini/Micro LED, but due to the limited public information of each company, it cannot be accurately counted.）

• In the first quarter

In January, Hucan Optoelectronics Co., Ltd. signed the Investment Agreement on r&d and Production of New Full-color Mini/Micro LED High-performance epitaxial and Chip. The total investment of the project is 1.5 billion YUAN, and the construction period of the project is planned to be four years.

In the same month, Xinying Display MicroLED technology research and development project officially started, the project total investment of 300 million yuan, plans to purchase MicroLED massive transfer, Bonding, detection and repair equipment, promote the development of new semiconductor display technology and MicroLED display project industrialization.

In February, depending on the source electronics headquarters and intelligent manufacturing base construction project with a total investment of 3.3 billion yuan, reaches producing output value 10 billion yuan, is expected to 4.0 intelligent control board is mainly used in industrial production, intelligent interactive display control products production, the pilot study, new information technology and software development, electronic business such as machine vision and deep learning algorithms.

In February, Wuhan Huaxing Optoelectronics started the production expansion project, with a total investment of 15 billion yuan and a total construction area of 545,000 square meters. After completion, the project will expand the production of the existing sixth generation semiconductor new-type display device production line, which is the second small-size screen factory of Huaxing optoelectronics in Han.

In February, AU announced that the estimated capital expenditure in 2022 would be NT $45 billion (about RMB 10 billion yuan). It is expected to build an 8.5 generation plant next to the existing Houli plant in Taichung. Au plans to build another 8.5 or 8.6 generation plant next to Houli L8B plant this time, and Mini/Micro LED products will not be ruled out.

At the end of February, Vogel Optoelectronics announced plans to invest in a new "glass based Mini/MicroLED substrate production project". The total investment amount of the project is expected to be 1.65 billion yuan, and the total production capacity of glass substrate Mini/MicroLED substrate will be 5.24 million square meters /Y. Later, Vogel invested another 180 million yuan to set up a subsidiary.

In March, Longli Technology issued the Prospectus for Issuing Stocks to Specific Targets and Listing on GEM (Application Draft), and announced that it planned to raise about 1 billion yuan from no more than 35 issuing targets, invest in the construction of the project of large-size Mini LED display module intelligent manufacturing base and supplement working capital.

In March, Jingyuan set up a Mini LED chip production line in Mainland China with an annual capacity of 300,000 4-inch wafers to meet the needs of local customers.

In the middle of March, Mega Chip plans to invest 5 billion yuan in the construction of Mini LED chip and RGB small spacing LED display module project in nanchang High-tech Industrial Development Zone (hereinafter referred to as "Nanchang High-tech Zone").

From the perspective of investment events in the first quarter, the actions of chips, packaging, modules, display ports and other key links are relatively frequent.

• In the second quarter

Compared with the first quarter, the number of projects in the second quarter increased significantly. Nearly 20 enterprises have disclosed the investment trend in Mini/Micro LED, which involves the diffusion of chips, packaging, modules, displays and other links to materials and equipment, which shows the trust and importance of the industrial chain on Mini/Micro LED technology.

In April, AMS OSRAM plans to build an 8-inch high-end LED factory in Malaysia within two years to expand its production capacity of more high-end and sophisticated technologies such as advanced LED and Micro LED, with an estimated investment of 800 million euros (RMB 5.554 billion).

In early April, Fusion New Materials invested in the construction of Mini LED backboard project, with a total investment of 2.5 billion yuan. After completion of the project, the annual output of Mini LED backboard is 20 million square meters.

On April 9, Yuanxu Semiconductor plans to set up a wholly-owned subsidiary in Tianjin High-tech Zone as the main body of the project, and build a new R&D center and vertically integrated manufacturing plant for the third generation of semiconductor high-end display chips. The total investment of the project is 1 billion yuan, and the annual output value is not less than 1 billion yuan.

On April 13, Lehman Optoelectronics planned to raise 689 million yuan for COB ULTRA HD display renovation and expansion project and to supplement working capital.

On May 6th, Changfang Group signed a contract to invest in advanced LED packaging and Mini LED production expansion project. The total investment of the project is expected to be 2 billion yuan, which will be implemented in stages. The project mainly covers ultraviolet LED, infrared LED, full spectrum LED, Mini LED packaging and support production.

May 12, Aurora Australis released 2022 gem to specific target to issue A shares plan. The raised capital shall not exceed 740 million yuan (including this amount), including the Mini/Micro LED display module production project.

On May 11th, the Mini LED backlight module and chip board sealing loading plate industrial Park project invested by Vogel Optoelectronics was signed in Tianmen City. The total investment of the project is 3 billion yuan. Both sides will work together to create MiniLED backlight module and chip board sealing loading plate Industrial park project.

On May 18th, KEXiang Shares intends to raise a total amount of no more than 150 million yuan. After deducting the issuing cost, all the funds will be used for the PCB production line construction project of Jiangxi Kexiang MiniLED.

May 19, Ruifeng Announced the Mini/Micro LED Hubei production base project phase I project officially completed. Ruifeng Photoelectric Hubei Mini/Micro LED Base project has a total investment of 5 billion yuan, of which the first phase has a total investment of about 1.5 billion yuan. It is expected that the annual production capacity of 10105KK full-color LED packaging products and 6.63 million MiniLED backlight packaging products can be formed upon completion.

In June, Hucan Optoelectronics planned to build Mini LED production line expansion project, with a total investment of 492 million yuan. Meanwhile, the company's management was authorized to handle specific matters related to the investment and construction of Mini LED production line expansion project.

On June 6, JBD located in The Comprehensive Bonded Zone of Hefei Economic development Zone, part of the main building of the plant has been initially completed, and the whole project is about to enter the comprehensive capping stage. The initial investment of the project is 650 million yuan, and the period is 12 months. It will help JBD to achieve an annual output of 120 million Micro LED displays.

In June, the total investment amount of the project is expected to be no less than 2 billion yuan, and the construction period of the project is 18 months. By purchasing the land, plant, production equipment and supporting engineering facilities required by the project, the production capacity of the three business modules of Mini LED backlight module, vehicle pen backlight and LCD assembly backlight will be formed.

In addition, Vogel and Tianmen High-tech Investment co., Ltd. jointly invested to set up a joint venture company hubei Tongge Micro, the total investment is expected to be no less than 1 billion yuan, the construction period of the project is 24 months, the annual output of 1 million square meters of chip board sealing loading plate.

At the end of June, Jucan optoelectronics raised no more than 1.2 billion yuan for investment and construction of Mini/Micro LED chip research and development and manufacturing expansion projects.

At the end of June, Shentianma invested 1.1 billion yuan to build a full-process Micro LED test line from massive transfer to display module.

Haijia LED display module production project with a total investment of 2.5 billion yuan has been signed and settled in Anxi County, Quanzhou City. After the project is fully completed and put into operation, the output value is expected to reach more than 9 billion yuan.

Jingde intends to raise no more than 1.45 billion YUAN, which will be invested in the r&d and industrialization of high-end display electronic testing system, jingde new energy intelligent equipment production project and supplementary working capital.

On June 29, the opening of Xi 'an Industrial Park and the signing ceremony of Fengdong New City · Qingsong Optoelectronics was successfully held in Fengdong New City, Xi Xian New Area. With a total investment of 250 million yuan and a total area of 12,952 square meters, the industrial park mainly carries out related businesses such as QSTECH Qingsong LED display scheme, Civ interactive intelligent tablet and MAXHUB conference system.

• Conclusion:

In the first half of this year, the market investment funds have increased significantly compared with last year, and the number of investment enterprises is increasing, from the chip link to other terminals, and even other supporting links, the scope of industrial chain participation is expanding.



And with the rapid advancement of Mini/Micro LED technology, the relevant industry chain may be synchronized to pull, the cooperation between manufacturers tend to start from the demand of the terminal.



At the same time, due to the concept of the meta-universe and the expectation of AR glasses, Micro LED investment in AR also began to increase.



In the context of reduced market demand, the entire industry is still full of confidence in Mini/Micro LED, and the market is constantly bursting with new opportunities to promote the development of Mini/Micro LED technology, and the market landing.