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      Stock code:300323.sz
      Chip for Beautiful Displays: HC SemiTek to release new-generation Mini LED chips
      2019-09-25

      The entire LED industrial chain, from the upstream chips to the midstream packaging to the downstream applications, is paying great attention to Mini LED and Micro LED. Mini LED and Micro LED regarded as new-generation display technology innovation attract great attention from the industry. Major LED producers are competing to seize favorable opportunities in the industry.

      The advantages of Mini LED and Micro LED technology in the display sector attract sustained attention in the industry following the rapid development of the small-spacing display market and the increasing demands on display technology. Mini LED displays can be used in TVs, mobile phones, vehicle display systems, and digital displays (commercial ad and display, etc.). The market size is expected to reach $1.07 billion in 2025. The market value of TV backplanes using Mini LED backlight is expected to reach $8.2 billion in 2023. Of this, 20% of the cost is used for Mini LED chips. (Data source: LEDinside). HC SemiTek considers that Mini and Micro LED displays are more advanced display technologies and represent the development trend of future display applications.  

      HC SemiTek is the second-largest LED chip producer in China. Since its inception, HC SemiTek has been studying the development trend of LED epitaxial wafers and chip technology, with fruitful results achieved. HC SemiTek has also developed Mini LED and Micro LED technology, and substantial progress has been made. 

      HC SemiTek’s Mini RGB LED chips achieved batch shipment long ago, and are praised by customers for its high stability performance. HC SemiTek has forged strategic cooperation with end customers in Mini BLU LED chip products, and steady progress has been made in research and development. HC Mini LED chips have been exhibited at major high-end professional exhibitions by end customers, such as InfoComm in Amsterdam, the Netherlands; InfoComm in Orlando, U.S.; and Display International in Taipei. HC promotes the continuous improvement in display technology with end customers. The future display market is beyond our imagination. In terms of Micro LED technology, HC SemiTek is also a forerunner in this field, and its joint development with key customers at home and abroad is ongoing.  

      The new product release focuses on HC SemiTek’s technological advance in micro displays and its future technology plan. HC SemiTek will work with core partners in technological innovation and explore the development direction and future opportunities of the sector.


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