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The battle for automotive LEDs is heating up, with companies like Fozhao, Debang, Tianma, and Longli aggressively "grabbing land" in the market.
In 2023, the automotive LED market is steadily heating up, with penetration rates continuing to rise. According to Gaogong LED Watch, both the automotive lighting market and the in-vehicle display market have become fiercely competitive battlegrounds for companies across the LED industry chain. Relevant data shows that in 2022, the domestic automotive LED lighting assembly market reached a staggering 68.573 billion yuan. Meanwhile, the auto industry's "New Four Modernizations" are also driving rapid growth in the in-vehicle display market. Industry forecasts indicate that demand for automotive displays will maintain an average annual compound growth rate of around 5% to 6%, propelling global shipments of in-vehicle displays to 240 million units by 2026.
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Over 80,000 yuan: Industry Giants "Rise to the Challenge" for Cinema Screens
"Seize a new opportunity for transformation!" In May, Leyard took another significant step forward in the LED cinema screen market. Its UC-A42 model successfully passed the relevant inspection and testing procedures, becoming the company’s third film projection system product to earn DCI certification. Earlier in March, Leyard also announced that its fully independently developed LED cinema screen had not only secured DCI certification but had subsequently obtained China’s mandatory National Certification (CCC) and the Film Technology Quality Inspection from the Central Propaganda Department. The aggressive expansion and accelerated moves by leading LED display companies into the cinema screen market have quickly ignited the entire industry, sparking a new round of intense competition.
Xiamen University completes the world's first 23.5-inch Micro LED laser-based mass transfer demonstration line.
Micro-LED technology is hailed as the "ultimate display" technology, offering advantages such as self-emission, high efficiency, low power consumption, high integration, exceptional stability, and reliable performance in all weather conditions. It is already making waves across a wide range of applications—extending from flat-panel displays to augmented reality, virtual reality, and mixed reality systems, as well as spatial displays, flexible and transparent displays, wearable/implantable optoelectronic devices, optical communication/optical interconnects, medical diagnostics, and even smart automotive lighting. Micro-LED displays touch upon multiple fields, including information display and third-generation semiconductors, and are characterized by their long industry chain, high technological barriers, and significant challenges. The commercialization of this cutting-edge technology will play a crucial role in helping China secure mastery over core display technologies.
Target "20%": Mini LED Backlight Cost Reduction Faces a "Life-or-Death Situation"
"MiniLED backlights could cost up to 20% more than conventional backlights!" The high price tag associated with MiniLED backlights has become a major hurdle, preventing their rapid adoption and large-scale implementation across more niche application markets. However, over the past two years, driven by industry leaders like Apple, Samsung, and LG—alongside domestic giants such as TCL, Hisense, and Konka—consumer electronics featuring MiniLED backlights—including TVs, laptops, gaming monitors, and tablets—have surged from fewer than 40 models in 2021 to over 100 in 2022.
With a 6.5-billion-yuan fundraising approval, this chipmaker—whose annual revenue exceeds 8 billion yuan—is expanding its "chessboard" strategy further.
On June 8, Silan Micro announced that its application to issue A-share stocks to specific investors in 2022 has received approval for registration from the China Securities Regulatory Commission. Founded in September 1997, Silan Micro is a high-tech enterprise specializing in integrated circuit chip design and the production of semiconductor-based microelectronic products. Over more than two decades of growth, the company has consistently pursued an "integrated design-and-manufacturing" strategy, seamlessly integrating the entire industry chain—from chip design and manufacturing to chip packaging. As a result, Silan Micro has successfully made the transition from 5-inch to 12-inch wafer technology and now excels in power semiconductors, including power ICs, power devices, and power modules, as well as MEMS technologies.
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Outdoor, industrial, botanical, and sports—this mid-to-high-power power supply "leader" is once again making waves with its proven expertise.
Songcheng Shares once again shone brightly at the Guangya Exhibition with its strong capabilities. From June 9 to 12, China's premier lighting industry event—the 28th Guangzhou International Lighting Exhibition (commonly known as Guangya)—kicked off.
Breaking through technological barriers and accelerating the localization process, the 65-year-old lighting company sounds the charge for "Ocean Lighting."
Ocean lighting—a new blue-ocean market—is poised for another explosive growth. Driven by the nation’s growing emphasis on the marine economy and the introduction of various policies supporting marine industry sectors, China’s marine economy has entered a phase of rapid development. Against the backdrop of the government’s vigorous push to boost the marine economy and advance ocean resource exploration, related industries are experiencing swift expansion.
Could Q3 see a recovery? Epistar, Everlight, Nutoch, and TPO Technologies offer their insights.
Since entering 2023, LED industry players have largely been "living" on hope. After a sluggish first quarter, companies in the LED supply chain navigated through the second quarter in a wait-and-see mode—yet many expressed optimism that Q2 might defy its traditionally weak seasonality. Meanwhile, as various segments of the LED industry gradually recover, several LED suppliers are now forecasting that Q3 could mark a much-needed rebound.