Although 4Q20 has not been completely destocked, from the recovery of downstream demand, we judge that the 1H21 economy will be passed to the chip link, and SAN 'an Optoelectronics, Huachan Optoelectronics (not covered) will benefit; Looking ahead, we believe that Mini/MicroLED demand will have limited initial contribution to the chip side, but with the increase of Mini/Micro volume, the next decade will still bring many opportunities for grain demand to grow tenfold. MiniLED backlight, Display effect significantly improved.
4201AS LED
4201AS 0.40 inch
4201BS 7-Segment
4201BS Display
