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Competitiveness Analysis of MiniLED Backlight Packaging Enterprises in Chinese Mainland

2023-05-12(836)Browse

In the past decade, the LED industry has focused on lighting, while in the next decade, the LED industry will focus on displays. Specifically, it should be new displays, mainly including Mini LED and Micro LED. The Micro LED market still has a long way to go before commercialization, but the Mini LED market has begun to stir up.

In the past decade, the LED industry has focused on lighting, while in the next decade, the LED industry will focus on displays. Specifically, it should be new displays, mainly including Mini LED and Micro LED. The Micro LED market still has a long way to go before commercialization, but the Mini LED market has begun to stir up.

Mini LED includes two technologies: self illumination and backlighting. Self illumination is mainly used in LED displays, while backlighting is mainly used in LCD screens, with relatively high technical barriers. Currently, due to technological and price factors, the development speed of the Mini LED backlight market is relatively fast.

As early as the end of 2018, manufacturers in Taiwan launched Mini LED related products, mainly used in esports screens. After a year of development, with the support of domestic chips, the technical level of mainland manufacturers has also risen to a new level. In the LCD field, with the production of the 10.5 generation lines of BOE and Huaxing Optoelectronics, the overall strength of the mainland panel industry has been greatly improved, gradually becoming the dominant market.

The rise of LCD has provided a solid foundation for the development of the domestic Mini LED backlight industry. Many Mini LED backlight packaging manufacturers directly cooperate with panel manufacturers for research and development, and the domestic Mini LED industry chain is gradually taking shape. In this process, a group of packaging manufacturers with scale, funding, and technological strength stand out, all of which are expected to become leading enterprises in the Mini LED backlight packaging industry.

According to a survey by LEDinside, the main Mini LED backlight packaging companies in mainland China include Ruifeng Optoelectronics, Guoxing Optoelectronics, Hongli Zhihui, Jufei Optoelectronics, Zhaochi Group, and Jingke Electronics. Due to the fact that the Mini LED industry has not yet produced on a large scale, most manufacturers are in the stage of research and development and small-scale sample shipments. From a sales perspective, only a few manufacturers have reached the level of tens of millions.

LEDinside integrates the current situation and planning of various manufacturers, analyzing their comprehensive competitiveness from the perspectives of scale, research and development, market development, technological capacity, and alliance situation.


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