The New Year of 2026 starts a new journey, and the LED display project welcomes a

At the beginning of 2026, the LED display industry ushered in new development. Huike, Longli Technology, Xingyu Technology, Yuanheng Optoelectronics, Lishen Semiconductor and other projects have made new progress, covering key nodes such as signing, construction, and capping. Looking back on the past 2025, the LED display industry has also experienced a magnificent year, and the industry process continues to advance.

2026 is off to a great start, with the LED industry signing contracts, starting construction, and going into production.

In the process of putting into production and finishing, Longli Technology’s Vietnam factory officially went into production on February 4. The project focuses on high-end display products such as vehicle-mounted Mini LED. The Lizhicheng high-end LED display project was also officially put into production in January. Huike Liuyang Mini LED project reached its full cap in January, and the project is building Mini LED backlight modules, direct display modules and complete machine production lines.

In terms of project signing, on January 10, Xingyu Technology, together with Xinlian Integration and Hubei Jiufengshan Laboratory, signed a Micro LED R&D and manufacturing project with a total investment of 3 billion yuan to expand micro-display, optical interconnection and other technologies. 80 United has signed a new display and semiconductor equipment intelligent manufacturing base project involving Mini LED chips.

In terms of construction projects, Yuanheng Optoelectronics’ Qianhai new high-definition display global smart manufacturing base with a total investment of 500 million yuan officially started construction in January. The project involves Mini/Micro LED packaging; during the same period, Lishen Semiconductor invested 5.2 billion yuan in silicon-based Micro LED chip-related projects. It also started construction and will build a production base with a monthly output of 100,000 display chips.

Project construction is in full swing in 2025

Looking back in 2025, the LED display industry will also show high activity in various aspects such as contract signing, start of construction, construction and production. According to incomplete statistics from LEDinside, about 71 LED display-related projects disclosed the latest progress throughout the year. New display technology with Mini/Micro LED as the core has become a key area for various links in the industry chain to compete for layout.

23 projects signed or approved, MLED territory continues to expand

According to incomplete statistics from LEDinside, approximately 23 LED display-related projects will be signed or approved in 2025.

During the signing stage, Huike attracted more attention. In May 2025, Huike's "full-color M-LED new display chip base project" with an investment of 10 billion yuan was officially signed in Shunqing, Nanchong. This move indicates that traditional panel manufacturers are accelerating their penetration into the upstream chip side and are trying to gain a say in cost through vertical integration.

In addition, there are also important developments on the device side. China Microelectronics Corporation signed two consecutive agreements in April 2025, involving the South China headquarters and product R&D and production base and the Nanchang micro-processing equipment R&D center project.

In terms of project establishment, Wogel Optoelectronics announced in May 2025 that 1.06 billion yuan of the raised funds will be invested in the "Glass-based Mini LED display backlight module project", forming an annual production capacity of 6.05 million glass-based Mini LED backlight modules.

11 projects have been started intensively, and the 19 billion project of Xingke Optoelectronics has attracted attention

According to incomplete statistics from LEDinside, about 11 LED display-related projects will officially start construction in 2025. Among them, the "Advanced Optoelectronic Display Industry Phase II Project" launched by Xingke Optoelectronics in February has the largest investment of 19 billion yuan. The project will produce 1.5 million sets of MLED chips and 55,000 square meters of new MLED display modules annually.

In this year, Huike's construction pace was the most intensive, including the Mianyang Mini LED Phase I project, the Changsha Mini LED complete machine project, the Dongguan flat panel display project Phase II, and the Shunqing District full-color MLED display chip project.

In addition, companies such as Xinju Semiconductor and Yiyuanda have successively launched MLED chip, Micro LED and Mini LED module production projects; at the same time, Leyard has also officially promoted the construction of the second phase of the application industrial park to further improve the industrial layout.

21 projects have opened a new chapter in production, and BOE’s 29 billion projects have been put into mass production

According to incomplete statistics from LEDinside, a total of 21 projects have entered the production, mass production or product delivery stage in 2025.

BOE Beijing's 6th generation new semiconductor display device production line was officially put into mass production in May, with a total investment of 29 billion yuan. The production line is based on LTPO and LTPS technology and focuses on the R&D and production of high-end products such as VR display panels, small and medium-sized high value-added IT display panels, and vehicle-mounted display panels.

It is worth noting that since 2025, multiple production projects of BOE have entered critical nodes and cover the Mini/Micro LED production field. Among them, BOE's MLED Zhuhai project was officially delivered for mass production in March; in the same month, BOE's Huacan Micro LED factory, the world's first 6-inch Micro LED mass production line, held a product delivery ceremony in Jinwan District, Zhuhai.

In the field of Micro LED micro-displays, Thunderbird's innovative full-color light engine project for XR was put into production in June; Nostalgia Technology and Savlus also achieved mass production and put into production of micro-display chip lines in March and June respectively.

18 LED-related projects have reached a new construction node

In addition to the above-mentioned projects, projects such as Xinyichang High-end Intelligent Equipment Manufacturing Base and Leyard Changsha Industrial Park will gradually complete their main capping in the first half of 2025. Qianzhao Optoelectronics' Mini LED chip equipment update project has passed the environmental impact assessment, and Xinying Display's Micro LED R&D project has also successfully completed construction. The entire industry is accelerating the improvement of high-end production capacity supporting facilities.

MLED technology sinking and ecological reconstruction

Judging from the project progress from 2025 to early 2026, LED companies are continuing to expand high-end LED display technology production capacity through intensive capital investment. Among the statistical projects, more than half of them focus on Mini/Micro LED technology. The core driving force comes from the growth of the high-end display market and the competition for technological dominance in all aspects of the industry chain.

In the field of consumer terminals, favorable policies and technology sinking have promoted the rapid popularity of Mini LED. The Chinese market's subsidies for first-class energy-consuming products will significantly increase the market recognition of Mini LED backlight TVs in 2026. RGB Mini LED technology emits light independently through the three primary colors of red, green, and blue, enabling more precise brightness and color control.

According to TrendForce’s TV shipment survey, the subsidy policy in the Chinese market will continue to be favorable in 2026, and the conditions will be limited to first-class energy-consuming products, which will benefit Mini LED models. Leading brands are also demonstrating their RGB TV technology at CES 2026, and have lowered the product size to a more user-friendly 55-75 inches, which is a strong sense of competition. Based on this, TrendForce Consulting has revised up its forecast for Mini LED TV penetration in 2026 to 10%, with shipments heading towards 20 million units.

The vehicle-mounted display track is also showing a rapid development trend. According to TrendForce analysis, Xiaomi, BMW, Mercedes-Benz, Hyundai-Kia Motors, BAIC Motor, Great Wall Motors, and Sony are expected to launch Mini LED displays from 2025 to 2029. At the same time, Mini LED technology is also introduced into the panoramic head-up display and holographic head-up display.

In addition, according to TrendForce’s analysis, Micro LED has the characteristics of high brightness, high contrast, and high transparency. It can be combined with transparent displays and car windows, and can also be used in the form of AR-HUD or P-HUD to meet the integration of virtual and real information for drivers and passengers in automotive scenarios, providing technical support for its applications in smart cockpits and advanced HUDs.

In terms of micro-display technology, TrendForce predicts that global shipments of Micro LED AR glasses will reach 21 million units in 2030, and the penetration rate of Micro LED technology in the overall AR glasses will reach 65%. This also means that Micro LED has broad application prospects in the field of AR glasses and will promote the commercialization of more smart glasses products.

The above-mentioned demand-side growth has prompted the supply-side to accelerate its layout. Panel manufacturers such as BOE, TCL CSOT, and Shenzhen Tianma have invested in upstream chips and packaging to build a full industry chain layout from wafer to terminal, and gradually launched competition in high-end LED display technology.

At the same time, China Microelectronics has laid out a MOCVD equipment base, Vogel Optoelectronics has achieved breakthroughs in the field of glass-based materials, and high-end intelligent equipment bases such as Xinyichang have been put into production, improving the automation support for die bonding and packaging. The entire industry is promoting high-end LED display technology towards full commercialization through capital investment and industry chain collaboration.