According to the statistics of the High-Tech LED Research Institute (GLII), the total size of LED chips reached 12 billion in 2014, an increase of 43% over 2013. In terms of market data, after experiencing a substantial increase in the chip industry in 2014, the market capacity of LED applications will continue to grow in 2015, and the demand for chips will increase, but the competition will be more intense.
Unlike other companies that are determined to be the entire industry chain, Huacan Optoelectronics is known in the industry for “making only chipsâ€. Founded in 2005, Huacan Optoelectronics is a leading LED chip supplier in China and is the leader in the display chip market.
With the rapid development of the LED industry, the competition between enterprises has been transformed from the simple technology and products of the previous years into the competition of the comprehensive strength of the enterprise, and the scale is undoubtedly one of the important indicators. As a heavy asset industry, the chip industry has a larger production capacity, and the economies of scale will bring more profits to the company. Expansion is the first plan for most chip factories. Huacan Optoelectronics is also the same.
From the completion of the infrastructure of the Huacan Optoelectronics Zhangjiagang Project in 2013, in 2014, Huacan Optoelectronics announced the announcement of the third phase of project expansion. The continuous release of the project's production capacity has greatly eased the production capacity problem. At the same time, the continuous growth of LED lighting terminal market demand has also led to the recovery of Huacan's performance.
At the same time, the market trend is upward, and chip demand is increasing, but the diversity of the environment makes Huacan Optoelectronics have to carefully consider what kind of products should be made. “Deeply cultivating the display market and fully expanding the white light market†is the development strategy of Huacan Optoelectronics in recent years.
"This year we will launch corresponding backlights, full-color displays, and small-pitch display products for the segmentation areas. These products will also be our products this year." Wang Jiangbo.
Market development promotes the advancement of the industry. At present, the localization rate of China's LED industry chips has reached 80%. With the continuous growth of market demand, what is the future competition pattern of the chip industry? Where should companies focus on product development?
The 13th Gaogong LED Industry Summit Forum will be held in Langham, Guangzhou on June 8th. Dr. Wang Jiangbo will give a wonderful speech on the latest developments and development trends of the chip industry.
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