Li Yunli pointed out that the next two to three years will enter a critical period of development. Customers have strong demand for production capacity. Micro LED can make customer products market differentiated.
Li Yunli emphasized that in order to accelerate the development of Micro LED, it is necessary for upstream and downstream partners to have a fairly consistent consensus all the way to the market product end. Only in this way can we avoid investing in the wrong direction and be willing to increase investment resources. Only then can we have the opportunity to significantly shorten the time for new technologies to penetrate the market in large quantities.
Li Bingjie, former chairman of Fucai and founder of Epistar Optoelectronics, attended this forum as a participant. He pointed out that Micro LED is currently facing challenges in technology, cost and supply chain. He believes that with the concerted efforts of the supply chain, Micro LED production costs are expected to be reduced in the future, bringing new opportunities to the industry. He is optimistic that there will be a breakthrough in the technology in 2024 and the potential of Micro LED will be unleashed.
Li Yunli believes that we need to produce products for a certain market demand, but the initial cost must be high, and mass production of a single product is required.
The cost can be reduced quickly, so production needs to be expanded, but production expansion requires market demand. The mutual restraint will make the development of Micro LED proceed slowly.
Nichuang’s capital expenditure this year is nearly 100 million yuan (NT$, the same below), and Li Yunli predicts that it will increase multiple times next year. He emphasized that in order to expand the production line, he will raise funds to introduce more strategic investors in the future, while observing the confidence level of subsequent orders and various product lines.
Nitron pointed out that it will seize the opportunity to add new production lines for chips, mass transfer, and Micro LED modules, strive to increase production capacity and revenue multiples, and expand production as soon as the end of this year.
Nitron’s net loss per share in the second quarter was 1.35 yuan, compared with the loss of 1.42 yuan per share in the first quarter. The loss converged, and the cumulative loss per share in the first half of the year was 2.77 yuan.
Li Yunli pointed out that as a pioneer in the field of Micro LED display, now is a critical moment. He hopes that the forum can become a platform for everyone to communicate. He also hopes that we can play our role well so that Micro LED technology can become a mainstream display technology in the future.
ANNA