Chinese Companies Continue to Increase Investment in Mini and Micro LED Research and Production, TEC does too

Micro LED and Mini LED technology bring new hopes for industry players in the field since they have been suffered from price competition with oversupply. Taiwanese LED companies were the first to begin Micro LED and Mini LED development and they have entered mass production phase for Mini LED in the past two years. In 2020, as Apple is rumored to release Mini LED-based products, it is expected that demands for Mini LED display technology will surge.

Seeing the trend, LED and display companies in China are also pushing their technology development aiming to catch the coming business opportunities. Many of them are pouring large capital to expand production capacity and research center targeting advanced LED technology including Mini and Micro LED.

LED chip maker Focus Lightings recently issue shares of RMB 1 billion (US$ 139.7 million) to increase its capital and 70% of the increased capital will be used to upgrade high efficient LED chip production and expansion, focusing on research and development of Mini LED and Micro LED, automotive LED and more. The new project will enable production of blue and green LED chips for 9.5 million chips per year.

Subsidiary of the China-based LED packager BMTC invested RMB 7 billion (US$ 977.76 million) to build new production facilities. Once finished, the new facilities are expected to achieve 5000 package production lines. Part of them are flip-chip LEDs and RGB LED productions for Mini LED and fine-pitch LED display market.

Despite that Mini LED and Micro LED have yet fully entered the stage of commercialization, Chinese industry players have geared up with their capability aiming to fight for bigger market shares.