In 2023, Mini LED has further increased the demand for LED chips in terminal applications, and the major LED chip manufacturers have increased the layout of Mini LED.

SAN 'an Photoelectric said in the investor interaction on February 28, currently VR products have begun to use Mini/Micro LED solutions, the company's Mini/Micro LED overall sales amount is continuing to grow. It is also known that the 7.9 billion yuan private increment of SAN 'an Photoelectric has been landed, of which 6.9 billion yuan is used for Hubei SAN 'an Photoelectric Mini/Micro display industrialization project.

The company pointed out that the company from the Mini LED backlight and Mini LED display two aspects of the layout, and in 2022 to achieve the vertical integration of the two technology routes layout. Mini LED will be the company's LED whole industry chain business in 2023 to focus on power and expansion business. According to the company, in the aspect of Mini LED backlight, in the past to the Mini LED chip of the semiconductor + the Mini LED unit package scheme, this year we will introduce the Mini LED whole TV scheme to the existing customers, in order to promote the market penetration of Mini LED TV as soon as possible. In the Mini LED backlight technology end, the vertical integration layout from chip, package to the whole TV machine is realized. In terms of Mini LED display, it operates in the mode of Mini RGB chip +Mini LED direct display screen, and has realized the vertical integration layout of "from core to screen".

In Huacan Optoelectronics' view, MicroLED and Mini LED will coexist in the future market to a large extent. The application field of Mini LED and MicroLED depends more on the spacing of LED products, and MicroLED is more used in point spacing below 1.0. However, on some products, there may be smaller areas of overlap.

Jufei Opto-Electronics recently accepted investor research, the company's Mini LED products are mainly used in TV, esports, laptop computers, display and car electronics and other application terminals, the company's Mini LED business is progressing smoothly, shipments increased month by month. At present, the overall penetration rate of Mini LED products is low, and the future market capacity will be gradually enlarged.

Abison strategic marketing system vice general manager Deng Hanqing said very optimistic about the prospect of Mini LED, at the same time Abison has developed the trend of development of "indoor small spacing" COB strategy, 2023 will be high-end products CLE series of products to upgrade and optimize.

Liard pointed out that Mini LED as a transitional product still has its market space to exist, the company will supplement the display product variety, according to market demand for Mini flip COB products. Riard's Mini LED product, which is positioned as a direct display Mini flip COB, has entered mass production.

With the gradual maturity of Mini LED technology and the decrease of cost, terminal manufacturers have introduced Mini LED products, and the pace of Mini LED commercialization has accelerated.

Looking into the future, Zhou Ming Technology believes that: with the progress of manufacturing process and technology and the emergence of scale effect, the yield and pass-through rate of Mini LED products of the company will continue to increase, and the cost is in the process of natural decline, which is in line with the industry law of annual cost reduction of about 20%. In the future, the cost will no longer be the main problem affecting the Mini LED market, and the decrease in cost will also accelerate the transformation of effective demand for Mini LED market.

Ruifeng photoelectric in the acceptance of institutional research said that with the industry companies continue to optimize products and solutions, further improve the product yield and production efficiency of Mini LED continuous cost reduction, is expected to 2023 Mini LED overall application market will also enter a new round of penetration of the traditional backlight market. Among them, large display terminals, laptops, car applications, VR products will have a certain growth compared to last year.