After the high growth from 2010 to 2017, the LED industry has experienced a significant downturn since 2017, mainly because the growth of LED backlight, lighting and display three terminal demands began to slow down from 2015 to 2017, and the industry has also entered a round of inventory destocking and industrial reshuffle cycle. Since 2H20, with inventory destocking coming to an end and terminal demand for display and backlight picking up, we have seen that the LED industry economy has ushered in an upward opportunity. A new round of application upgrade cycle driven by Mini and MicroLED has started.
4012AB LED
4012AB 0.40 inch
4012BB 7-Segment
4012BB Display
In addition, the structural transformation of the LED industry is becoming increasingly evident as companies shift their focus from traditional low-margin products to high-value-added applications. Emerging technologies such as Mini LED backlighting and Micro LED displays are not only improving brightness, contrast, and energy efficiency, but are also enabling new use cases in high-end televisions, automotive displays, wearable devices, and augmented reality (AR) systems. This transition is accelerating industry consolidation, as smaller and less competitive manufacturers struggle to keep up with the capital-intensive nature of advanced LED production.
display
18102AS display
18102AS CC Common-Cathode CA
18102BS 1.80-inch
18102BS
