LED integration of large factories to go to (2021) annual supply of Mini LED to the United States IT brand manufacturers, driving significant growth in performance, it is expected that this year there will be more orders from monitor Monoitor and TV, automotive and other application products in place.
In response to the growth of orders, Fucai continues to expand mini LED production capacity, and it is expected that in the second quarter of this year, more than 20% of the new production capacity is expected to be opened, when the production capacity of Mini LED chips may increase from 1.2 million pieces / year at the end of last year to 1.5 million pieces / year. The follow-up will be based on customer needs to assess whether to further expand production.
Although U.S. brand customers have joined other suppliers in Mini LED, Fucai is still the main supplier of this U.S. customer, and orders from other customers and other applications are also growing. Last year, Mini LED accounted for about 30% of Fucai's revenue, and it is estimated that this year may be close to 40%.
Benefiting from the demand for red LEDs and the growth of Mini LEDs, Fucai's revenue reached NT$36.4 billion last year, an annual increase of more than 50%. It is expected that this year, driven by the continuous attack of Mini LED and red LED and sensing applications, revenue will have the opportunity to challenge the scale of more than NT$40 billion.
Source: MoneyDJ News
Cover image source: Paixin.com
![MiniLED/invisible light and other kinetic energy is strong, and Taiwan factories such as Whitford are expected to continue to improve their operations this year[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)