This week, major events in the LED industry continued. A number of LED manufacturers announced that due to the continuous decline in the price of LED products and the increase in the price of upstream materials, the prices of some or all of the company's products will be raised. This price increase mainly involves LED packaging and LED displays.

In terms of new products, Samsung's 89-inch Micro LED TV officially landed in the domestic market, priced at nearly 750,000 yuan; LG, Skyworth, HP, and United Innovation also released the latest Mini/Micro LED products. In addition, a number of LED projects have entered the stages of signing, starting, and putting into production, involving LED substrates, packaging, display, and lighting.

【Selected events】

★TrendForce Publishes 2023 Micro LED Market Report

TrendForce pointed out in the "2023 Micro LED Market Trend and Technology Cost Analysis Report" that with the launch of Apple's new watches equipped with Micro LED displays and the launch of products, the output value of Micro LED chips for wearables will increase rapidly in 2024 and 2025. Expand to 172 million and 463 million US dollars; the compound annual growth rate of output value between 2022 and 2027 will rise to 873%.

★A number of LED manufacturers announced the adjustment of product prices

Recently, a number of LED packaging and terminal companies announced to adjust product prices. Under the background of continuous decline in product prices and rising prices of upstream materials, most manufacturers choose to raise product prices, ranging from 3.5% to 20%.

According to TrendForce’s survey, current LED supply chain operators generally have a strong willingness to increase prices. In addition to the increasing number of operators who want to increase prices, some LED chip manufacturers are fully loaded with orders, and the items to be increased are also expanding. This reduces losses and actively reduces low-margin orders. The following is the price dynamics of some manufacturers:

★AUO Peng Shuanglang takes over as chairman of Fucai Holdings

On May 31, Fucai disclosed a high-level personnel change announcement. The largest shareholder of Fucai, Mr. Peng Shuanglang, Chairman of AUO and Chief Strategy Officer of the Group, took over as chairman and general manager. After Peng Shuanglang takes over, he will lead Fucai Group to continue to aim at "the best investment platform for compound semiconductors" and deepen the application fields of Micro LED next-generation display, automotive, sensing, special lighting and new-generation compound semiconductors.

★Xiamen University built G2.5 Micro LED laser mass transfer demonstration line

According to news on June 1, the Xiamen Future Display Technology Research Institute, which was presided over by the research team of Professor Zhang Rong of Xiamen University, has built the world's first 23.5-inch (G2.5, 370mm×470mm) Micro LED mass transfer process demonstration line , developed Micro LED chip products for multi-application scenarios and high-performance displays, realized high-yield, high-efficiency mass transfer technology, and lit monochrome and full-color chip array products.

★Unilumin’s LED movie projection system has been certified by DCI again

On May 30, Unilumin Technology announced that the company's LED movie screen Unilumin UC-A42 has successfully passed the relevant inspection and testing, becoming the company's third DCI-certified movie projection system product. Previously, Unilumin’s UC-A41 and UC-A21 movie screen products have all obtained DCI certification in 2021.

【New products and new technologies】

★LG releases two Micro LED products, involving virtual shooting and touch screen applications

According to news on June 2, LG Electronics and LG Display have successively released two Micro LED products, namely the LBAF series display screens for virtual shooting, and a prototype of a stretchable touch display product. The pixel pitch of the LBAF series display is 1.56mm, the maximum brightness reaches 1500nits, and the maximum contrast ratio reaches 100000:1;

LG Display's 12-inch stretchable Micro LED display touch screen version has a pixel density of 100 PPI and a pixel pitch of 40 μm, which can be stretched by 20%.

★Hyundai Mobis develops Micro LED lights that can recognize projected road sign information

According to news on May 29, Hyundai Mobis, an auto parts supplier, has developed a high-definition lighting system that uses 25,000 Micro LEDs. The lights can project and display road sign information in real time, greatly reducing the risk of traffic accidents at night.

★Samsung's 89-inch Micro LED TV is listed in China, priced at nearly 750,000 yuan

According to news on May 31, Samsung's 89-inch Micro LED TV was officially launched in China, and the price on JD.com's official website was nearly 750,000 yuan. Samsung's 89-inch Micro LED TV adopts inorganic self-luminous technology. Through the advanced Micro AI processor, the product can independently control more than 20 million Micro LED chips; the brightness of the TV can reach up to 2000 nits.

★Equipped with a MiniLED screen, the high-end version of the HP Shadow Elf notebook is on the shelves

According to news on June 2, the high-end version of the HP Movie Wizard 9 SLIM notebook has been put on the shelves and opened for reservations, with a starting price of 12,999 yuan. The product uses a 16-inch Mini LED screen with 2.5K resolution, 240Hz refresh rate, 100% DCI-P3 color gamut, and 1180nits brightness.

★Skyworth D60U PRO MiniLED display goes on sale, priced at 2999 yuan

According to news on June 1, Skyworth 4K MiniLED professionally designed display F27D60U PRO is now on sale, priced at 2999 yuan. The display has 1152 backlight partitions, 2304 lamps, 1.07 billion color numbers, 96W full-featured TypeC and other professional performance configurations.

★United Innovation Launches New 4K 160Hz Mini LED Display

On May 27th, the joint innovation 27M2V-D display is now available for pre-sale, 27-inch 4K 160Hz MiniLED HDR1000 specification, starting at 2999 yuan. The display uses a 384-zone backlight with a brightness of up to 1000 nits.

【LED project dynamics】

Recently, a number of LED projects have ushered in new progress such as signing, starting construction, and investment. The projects involve LED substrates, packaging, terminal display and lighting. The specific project content dynamics are as follows: