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Rich Mini LED demand boom Revenue and profit are rising simultaneously

Last year, fucai, a large LED integration plant, benefited from the rapid growth of Mini LED and the smooth demand for red light products, and the revenue and profit were rising simultaneously. It is expected that this year's Mini LED and red light products will continue to be two important momentum, and revenue will strive for double-digit growth.

After two successive waves of expansion of Mini LED production capacity, this year's Mini LED crystal production capacity is expected to increase from the original 1.2 million pieces / year to 1.5 million pieces / year, the new production capacity is expected to be opened before the end of the second quarter, and further expansion is not ruled out.

Although the apple iPad may be at least some models will switch to OLED panel screens in the future, but in the short term, it is still dominated by LCD, plus TVs, laptops, cars, public displays and many other applications are expanding the introduction of Mini LED, speculating that Mini LED has two years of glory. Subsequent camp campaigns may re-observe the commercialization process of Micro LED and the progress of mass production of third-generation semiconductors.

Red light products are mainly due to the strong growth of demand for automotive lighting, plant lighting, wearable applications, etc., driving the demand to continue to increase, Fucai expanded its red light production capacity by about 20% last year, and it is expected that the expansion range this year is about 10%.

Benefiting from the growth of the two major product businesses of Mini LED and Red Light Products, Fucai's revenue reached NT$36.4 billion last year, an annual increase of more than 50%. The industry is optimistic that Fucai's revenue this year will exceed NT$40 billion, and the annual growth rate will remain in double digits.

Source: MoneyDJ News

Cover image source: Paixin.com

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