Industry sources said that LED epitaxial wafer and chip manufacturer Jingyuan Optoelectronics' mini LED chip production capacity is fully loaded and will expand its total capacity by 50% in 2022.
The Electronic Times quoted the above-mentioned person as saying that Jingyuan Optoelectronics is currently committed to improving the production efficiency and output of mini LED chips. The short-term goal is to increase production capacity by 20%-30%, of which 10% will be achieved in the fourth quarter of 2021 and the rest will be achieved in the first quarter of 2022.
In addition, Epistar will add equipment to expand the production capacity of its factories in mainland China and Taiwan, and the total annual production capacity increase in 2022 will reach 50%.
The source further pointed out that although the prices of TV LCD panels are falling and the price of LCD TVs is also decreasing, the mini LED backlight used in high-end large-size LCD TVs will not be affected.
In addition to Jingyuan Optoelectronics, Sanan Optoelectronics has also started producing mini LED chips, mainly supplying Samsung Electronics. Huacan Optoelectronics is investing 580 million yuan to expand the production capacity of mini LED chips and completed a 50% capacity expansion by the end of June 2021.
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