Recently, Shenzhen MTC Co., Ltd., Ruifeng Optoelectronics Co., Ltd., CVTE Co., Ltd., Lehman Optoelectronics Co., Ltd., and Shenzhen Konka Co., Ltd. interacted with investors and disclosed the latest developments of their LED-related businesses.
Image source: Paixin.com licensed image library
MTC Corporation: Driving the Development of New Businesses such as Mini/Micro LED and Optical Communication Devices <br /> MTC Corporation stated that its LED business has become the company's second growth curve. In the first half of 2024, the net profit contribution from the LED industry chain exceeded 50% for the first time, demonstrating strong potential. Its subsidiary, MTC Semiconductor, has achieved industry-leading shipments of Mini RGB chips, with monthly shipments reaching 12,000 units and a market share exceeding 50%. The company's total chip output is 1.1 million wafers per month, of which gallium nitride (GaN) wafers account for 1.05 million wafers per month (4-inch wafers).
Furthermore, Shenzhen MTC Co., Ltd. stated that since 2023, the company has been actively expanding into the optical communication field, and has initially established a vertical industrial chain covering terminal optical communication components, modules, and core raw material chips. In the future, the company will continue to actively expand into this new field of optical communication devices, further broadening its business scope. Simultaneously, the company will continue to drive technological innovation, using new businesses such as Mini LED and Micro LED ultra-high-definition displays and optical communication devices as drivers to transform into a new type of productivity company with strong technological attributes.
Refond Optoelectronics: All LED Light Sources Have Passed AEC-Q102 Automotive-Grade Certification <br /> Refond Optoelectronics' products are mainly divided into two categories: LED products and electronic paper products. LED products include lighting LEDs, backlight LEDs, and display LEDs. In the first half of 2024, LED product sales revenue reached RMB 628.7764 million, an increase of 4.71% compared to the same period last year; accounting for 92.77% of the main business revenue.
In the automotive LED field, Refond Optoelectronics possesses a complete automotive-grade LED product system, independent automotive-grade manufacturing and testing systems, and can provide comprehensive vehicle lighting and in-vehicle display solutions. The company offers complete LED lighting solutions, including high and low beams, turn signals, ambient lighting, interior lighting, rear turn/reverse lights, and rear position/brake lights, etc., all of which are AEC-Q102 automotive-grade certified. Currently, the company's automotive LED product solutions have been applied to multiple models from several domestic and Sino-foreign joint venture enterprises.
CVTE: Cinema Screen Products Launched in Domestic and International Markets
CVTE stated that the company is currently increasing its investment in LED, computing equipment, power electronics and other business areas, and all related businesses are maintaining rapid growth.
Among them, the LED business relies on DCI-certified cinema screens and achieved multi-screen deployment in domestic and foreign markets in 2024. Its industry-first tri-fold immersive LED cinema screen system can create "digital immersive space solutions" for customers, which are suitable for application scenarios such as cinemas and press conferences.
Lehman Optoelectronics: Vietnam Lighting Base Has Stably Released Production and Sales Capacity; PM Glass-Based Micro LED Small-Batch Trial Production <br /> Lehman Optoelectronics' main businesses are Micro LED large-size ultra-high-definition displays and LED lighting. Lehman Optoelectronics revealed that in its LED lighting business, the company has built its own LED smart lighting product production base in Vietnam and is actively promoting the construction and management of its overseas supply chain to increase the localization rate of raw material procurement. Currently, the Vietnam base is steadily releasing its production and sales capacity. Under the current new overseas trade situation, the company is actively making relevant preparations and plans, relying on its existing overseas production bases, and reducing the potential impact of tariffs through the rational layout of LED display production capacity.
In the field of Micro LED displays, Leyard Optoelectronic has achieved small-batch trial production of PM-driven glass-based Micro LED display panels. Currently, the company is actively exploring and upgrading glass-based technology, while also actively promoting the construction of pilot plant bases, and continuously exploring new application scenarios and technology upgrade paths to meet the multi-scenario, low-cost, and low-energy consumption application needs of future special displays, commercial displays, and home displays.
Konka Group: Fully Advancing Mini/Micro LED Technology and Business Layout in 2024 <br /> Looking back at 2024, regarding new progress in its semiconductor business layout, Konka Group stated that the company is accelerating the industrialization process in its LED business, focusing on sales to major customers, and achieving large-scale sales of Mini LED commercial display products, large-scale processing of storage packaging and testing products, and large-scale manufacturing of SMT packaging and surface mount products through large-scale mass production, process optimization, and cost reduction.
We will tackle the challenges of improving the yield and efficiency of mass transfer technology, overcome laser transfer technology, and enhance our chip miniaturization display technology capabilities. We will also leverage industry resources to provide supply chain resources, technology resources, and order resources for the optoelectronic semiconductor industry, thereby further promoting the industrialization of optoelectronic semiconductors.
