Xinruida: Micro LED projects under development have not yet been converted into orders

Jiweiwang News (Text/Yang Yanrou) On November 14, Xinruida stated on the investor interaction platform that the Micro LED technology project under research by the company can be applied to its display terminals and has not yet been converted into an order.

It is reported that Xinruida is mainly engaged in the research and development, design, production, sales and technical services of new display optoelectronic systems and intelligent health light source systems, providing integrated solutions from light source design, optoelectronic system design, display design, control system design, appearance design, product manufacturing and technical services. Among them, new display optoelectronic systems include direct-type backlight module optoelectronic systems, edge-type backlight module optoelectronic systems, quantum dot display optoelectronic systems and Mini LED Display optoelectronic systems and products are widely used in consumer electronics fields such as tablet computers, notebook computers, LCD monitors, and LCD TVs, as well as in emerging display fields such as vehicle-mounted displays and industrial control displays.

Data shows that Mini LED direct display application areas include indoor and outdoor advertising, security monitoring, conference centers and other personalized and conventional display demand areas. Mini As an application upgrade of traditional backlight, LED technology brings the original industrial chain layout to the same starting line, which is equivalent to directly opening up the small and medium-sized display terminal application market that the company has rarely entered before, and the growth space is enlarged. As an iterative upgrade of direct display technology, all existing markets will be converted into increments, and the space will be significantly increased.

Xinruida previously stated that from public industry research reports and practices, Mini LED technology has a lot of room for extended application, such as integration with IC, which will further promote industry layout and ecological optimization; the company's Mini LED technology applications include backlight and direct display, and the routes include COB and POB. Among them: Mini LED backlight products are usually and still one of the technical components of display terminal products. Together with LCD screens, IC and other technologies, they constitute the Mini LED display products of terminal manufacturers. The company's technology and products have clear boundaries with manufacturers.

The industry calls last year the first year of Mini LED. Judging from the application fields and the number of shipments, the market penetration is obvious, and there are currently no signs of market penetration difficulties. Since last year, the company has comprehensively accelerated Mini LED display technology and accelerated multi-field and multi-dimensional cooperation projects. On the basis of achieving mass production, it has increased Mini LED production capacity allocation and improvement The current production line setup and production capacity can respond to the rapidly growing market demand.