Crystal power will split Mini LED business next January, and it will set up a wholly owned subsidiary.

Jing electric entered the first year of Mini LED this year, but the overall revenue share is not obvious. It is expected that demand will rise in the first half of next year. The second half is expected to have a more significant growth. Next year, the overall Mini LED accounts for 5 to 10% of the crystalline blue light production, and in order to provide customer module solutions, it will split the Mini LED module business in January next year, and will become a wholly owned subsidiary. Si Yuanfeng new technology, layout system factory customer market opportunities.

At the beginning of entering Mini LED field, crystal electric directly supplied Mini LED chips to customers. Later, it was discovered that some systems factory customers needed Mini LED module solution to deal with design problems including encapsulation, PCB version and so on. After realizing the needs of customers for Mini LED module, the company decided to cut out module business. It is expected to split up 100% new subsidiary companies in January next year.

Jing Feng, vice president of crystal finance, said that in the future, Yuanfeng new technology will supply chain integration and R & D design, and a small quantity of trial production. The mass production will be made by the partner of LED technology. When it opened private placement, crystal electric also increased its shareholding by 3 companies, such as crystal power, bright spot investment and Yuanfeng new technology, and jumped to its largest shareholder.

Zhang Shixian disclosed that the follow-up will not necessarily increase the shareholding of the company, and in addition to the sky, crystal electric will continue to look for other partners, and may even cooperate with the needs of the system factory customers.

For the development of Mini LED terminal applications, Fan Jin Yong pointed out that the original market expectations Mini LED mobile phone applications are expected to debut before the end of the year, but affected by the poor market conditions of hard OLED panels in the mainland, the hard OLED panel prices fell rapidly, and downstream factories began to choose between hard OLED and Mini LED, so the market in the third quarter of this year was on the market. Mini LED mobile apps are less competitive in price, and terminal applications are naturally transferred to relatively competitive flat or competing products.

Fan Jinyong believes that in the second quarter of next year, there will be more Mini LED consumer electronics products with larger cell phones. With the size of consumer electronics increasing, the number of LED grains used for single products will increase. Although there are still murmurs of demand for energy consumption such as flat-panel consumer electronics, he believes that new products will stimulate market demand, and if such high-end products can help reduce costs, demand will also increase, just as television demand is getting weaker, but it must continue to move toward higher technology.

From the end of August this year, the smart display and touch show (Touch Taiwan 2018) can also be seen that the Mini LED supply chain is growing vigorously, from materials, equipment, panels to monitors, and so on, has more and more relations with Mini LED. The entire supply chain is talking about Mini LED, Fan Jinyong thinks, in the current market's degree of heat, it seems that Next year, more Mini LED products will be unveiled.

Fan Jinyong pointed out that if the demand for Mini LED in the first half of next year is expected to increase significantly in the second half of the year, the expected demand for Mini LED backlight and RGB products will be larger than that of the backlight products. It is expected that the overall Mini LED will be 5 to 10% in the next year, and will account for about 3 of the blue light production capacity in 2020. 。

Crystal electric 400 micron Mini LED RGB display package has been mass-produced in the third quarter, and sent to the client for certification. The fourth quarter began to test samples. Next year, the first quarter is expected to start with the introduction of indoor and outdoor displays. As for the 250 micron products, the technology still needs time, and it is expected to enter the mass production stage in 1 years. The Mini LED backlight product has been mass-produced in the second half of the year, and currently includes 27 inch electric competition display screen and more than 100 inch large display screen.

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