Penetration rate of LED backlight is increasing.
November 21, 2022
With the fast growth of penetration rate about the LED TV market, opportunities for mainland LED backlight manufacturers is coming.
On August 29, LED packaging manufacturer Ruifeng Optoelectronics (300241.SZ) announced that it plans to invest 150 million yuan to establish Shanghai Ruifeng subsidiary to implement the large-scale LED backlight LED technology transformation project and lighting LED product technical transformation project.
On September 1st, the TV foundry family Zhaochi (002429.SZ) announced that it will invest 40 million US dollars to set up Shenzhen Zhaochi Optoelectronics, focusing on the packaging of LED light-emitting devices and medium-high power LED light-emitting device packages. At the same time, Zhaochi also plans to invest 1.5 billion yuan to build the Zhaochi Innovation Industrial Park to solve the capacity bottleneck.
With the increase in the penetration rate of LED LCD TVs, the market share of LED LED manufacturers in the LED backlight industry will grow rapidly. And the LED TV penetration rate in 2012 has exceeded 70%.
"New Industry" demand for LED backlighting has been growing steadily this year. The medium and large-size LED backlight market, which was previously monopolized by South Korea and Taiwan, has gradually shifted to the mainland.
With the maturity of the domestic LCD panel industry chain, domestic TV manufacturers began to rebuild the LCD TV supply chain system, coupled with the improvement of technology and cost reduction, the cost performance of mainland LED backlight products has been improved.
Opportunity
According to data from the TRI Tuoba Research Institute, LCD TV shipments in 2010 increased from 142 million units in 2009 to 156 million units, reaching 180 million units in 2011 and 200 million units in 2012.
With the increase in penetration of LED LCD TVs, LED TV shipments have grown rapidly from 4 million units in 2009 to 63 million units in 2011, and will reach 120 million units in 2012.
At present, Konka Group Kunshan Factory is one of the largest LCD module bases in China, with an annual production capacity of 4.2 million LCD TVs.
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