LED CHIP prices rebounded, and LED business ushered in the second quarter, the domestic LED chip industry supply and demand imbalance has been improved. The led chip industry leaders and downstream packaging plants intend to raise prices, LED chips business ushered in price inflection points.
The led chip companies are aiming at the opportunity to expand its production capacity, and is expected to enjoy the growth in performance caused by the increase in volume and price. The led chips production capacity of Phase 1 is about 2 million pieces, and the second phase is changed from 4 million pieces to 6 million pieces. It is estimated that the total effective production capacity of led chips will reach 10 million pieces next year.
The subsidy policy for led chips adjustment is expected to be introduced in the near future, with the effect of [COVID-19 Disease". It is expected that the company`s led chip business will benefit from the increase in UV LED in the fourth quarter. In the long run, after the UV LED investigation, the subsidy policy will shift more to functional LED chips. The new energy saving UV LEDs have a large market space and high penetration rate. It is still expected to maintain a 60% compound increase in the future. speed. The LED CHIP business will increase the distribution with higher gross profit margin, and it is expected to maintain a growth rate of 10%-20% in the future.
