Industry focus! 2023 is expected to open a new starting point for the prosperity of the LED industry

  In 2022, under the impact of the new crown epidemic, the domestic LED market will decline. It is expected that as economic activities resume, the LED market will also usher in a recovery. The market demand for flexible screens and special-shaped screen customization is strong. With the progress of Mini/Micro LED technology and superimposed digital China construction environment warm wind, the LED market is expected to achieve continuous growth.

  Entering 2023, with the release of epidemic prevention and control, the industrialization process of Mini/Micro LED will be implemented as scheduled.

In terms of Mini LED backlight, there is already a consensus on a generalized solution, so it is expected to maintain a certain growth in 2023 under the condition of further improvement in cost performance;

In terms of Mini LED RGB, with the increase in shipments and yields, chip prices have dropped to the sweet spot of heavy volume, and the existing high-end LED display products have begun to be replaced. It is expected that the growth momentum in 2022 will be maintained in 2023.