The total investment exceeds 26 billion yuan! Mini/Micro LED is interesting this year!

After the beginning of 2023, the entire industry is full of energy to charge forward! Especially in the Mini/Micro LED field, there are constant news about investments, production expansion, and new product releases. According to incomplete statistics from Screen Display World, as of March 17, more than 26 billion yuan of funds have entered this field this year, and the marketization of Mini/Micro LED will accelerate!

The total investment this year exceeds 26 billion yuan!

This year, 13 companies including Unilumin, Ledman, CVTE, Huacan, Meiyad, United Microelectronics, Cross Optoelectronics, Shentianma, Xinruida, Xinshitong, Inspur Group, Commet, and Weish Electronics have released their investment plans for the development of Mini/Micro LED projects. Among them, Shentianma invested 7.8 billion yuan to develop vehicle and new display business; Unilumin invested 2.2 billion yuan to build Zhongshan intelligent manufacturing base, including Mini/Micro LED projects; Huacan and Fusion Microelectronics invested 2.084 billion yuan and 6 billion yuan respectively to build the Mini/Micro LED chip field. As of now, Mini/Micro LED (including Mini backlight) with a total investment of 26.633 billion yuan.

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It is understood that in the past three years, the total investment in Mini/Micro LED has been nearly 200 billion yuan. According to the current development trend, the total investment in 2023 may exceed previous years. This year, most of the investors in the Mini/Micro LED field are LED display companies, such as Unilumin, Ledman, and Huacan, which are additional investments.

However, industry insiders said that although Mini/Micro LED application prospects are very broad, its real implementation depends on its value in replacing other products. According to current market feedback, it will take some time for the market to mature, and the return on investment time is also relatively long.

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