Global demand for Mini LED backlight is expected to reach 100 billion in 2023

The newly released "Monthly Display Industry Dynamic Report" pointed out that as a transitional technology on the development path of Micro LED, Mini LED has born a lot of new products at this year's CES, covering various size segments and various applications, becoming the industry's concern One of the new hot technologies. At present, there are still many technical problems still to be overcome in Micro LED technology, but Mini LED is expected to be widely used with the increasingly clear technology trends and better mass production, and use this as an opportunity to explore cost reduction and large-scale The feasible way of mass production.

The Mini LED backlight solution is similar to the traditional LED direct backlight solution. However, due to the smaller size of the LED, the number of LEDs has increased significantly, so it is superior to the traditional direct and side-lit backlights in terms of thickness, brightness, power consumption, and contrast. In terms of display effect, Mini LED can be comparable to OLED in some parameters as the number of partitions increases, but when the number of partitions is controlled below a certain number, the cost can obtain obvious advantages. Compared with the Dual Cell, which is also an LCD upgrade solution, the structure of the Mini LED is more similar to the traditional LCD. It has certain advantages in parameters such as power consumption, brightness, and viewing angle. Therefore, it has become the first choice for LCD upgrades.

According to CINNO Research data, although South Korean companies such as Samsung and LGD have shut down LCD panel factories, the global 60 "TV panel shipments mainly come from the newly built 10.5 generation line. As new capacity continues to be put into production, large-size TVs above 60" Panel shipments will also increase rapidly, reaching approximately 44 million by 2023, accounting for 16% of all TV panel shipments. The early Mini LED backlight will also be mainly used in high-end TVs over 60 ”.

Mini LED backlights greatly increase the consumption of LED chips. On average, each Mini LED backlight product requires thousands to tens of thousands of Mini LED chips under the existing technology. According to the relatively conservative penetration rate and usage estimates, CINNO Research estimates that by 2023, only three markets of large-size TVs, monitors, and in-vehicle displays will contribute to the demand for Mini LED backlight. sheet. If the number of single-use units remains unchanged, each 1% increase in penetration rate will also increase the capacity demand of 170,000 4 ”tablets.