Mini LED demand expected to show explosive growth this year

As per the report, Samsung and other brands plan to release laptops, flat-panel and TVs with Mini LED backlights, which has led to a surge in demand for Mini LED chips and structural shortages.

Several companies have adjusted the increase. 5%-10%. Out-of-stock and price increases indicate that Mini LED demand is expected to show explosive growth this year.

At the beginning of this month, Samsung released a brand new Neo QLED TV, which takes QLED to a new level through quantum Mini LED light source technology, quantum matrix technology, and Neo quantum processor.

Additionally, the 2021 iPad Pro will be Apple’s first product furnished with a Mini LED screen and will be launched in the first quarter of this year. It is understood that Mini LED screens can bring better color reproduction and contrast while having higher stability than OLED screens, and lower power consumption.

It is worth mentioning that the shortage of chips is reflected in industries such as consumer electronics and automobiles. On the one hand, due to the impact of the epidemic, the production capacity of various chips is tight, and this year’s expansion plan has also shrunk significantly.

On the other side, orders from all parties have basically increased, and many terminal companies have even placed panic orders at several times the former purchase volume. For now, the impact of the chip shortage tide will continue for a long time.

(Via)