In 2017, the demand for LED chips continued to grow, and the price trend of chips was basically stable. Chip companies stepped up their production expansion. According to statistics, MOCVD equipment producing LED chips has an estimated 401 new installations in the world in 2017 (K465i equivalent), which is the peak of capacity expansion since 2011.
However, the main force of this round of expansion is Sanan Optoelectronics, Huacan Optoelectronics, Aoyang Shunchang and other Chinese manufacturers, and overseas manufacturers are slightly underpowered. LEDinside said that with the release of new capacity, the cumulative installed capacity of MOCVD in China in 2010 accounted for 54% of the global total, and the LED chip capacity accounted for 58%.
The above changes confirm the trend of the transfer of LED chip industry capacity to mainland China. With the technology gap between domestic technology and international big manufacturers getting smaller and smaller, and the active promotion of domestic government policies, foreign companies are slowing down the pace of expansion, and even some companies are gradually shrinking production capacity, and domestic LED chip production capacity is getting higher and higher. In the long run, the domestic LED chip market is bound to continue to expand, especially the market share of the first echelon LED chip manufacturers will increase significantly.
As for the LED chip production capacity of specific manufacturers, by the end of 2017, Sanan Optoelectronics reached 2.7 million pieces/month (two-inch film), Huacan Photoelectricity reached 1.7 million pieces/month (two-inch film), Aoyang Shunchang Up to 1 million pieces/month (two-inch pieces), compared with the end of 2016, they increased by 92.86%, 142.86% and 488.24% respectively.
At the same time as capacity expansion, the capacity utilization rates of the three major chip manufacturers continued to increase. Aoyang Shunchang said recently that the company's LED business in the first quarter was operating normally, with an increase of 400,000 pieces of production capacity in an orderly manner. Currently, the equipment is gradually installed at the factory, and it is expected to reach a basic level in the third quarter. At present, the production capacity of LED chips is in full production and full sales. According to the 2017 annual financial report, Huacan Optoelectronics' LED chip capacity utilization rate is as high as 94%, and the substrate film capacity utilization rate is as high as 98%.
Benefiting from the rapid expansion of production capacity, Sanan Optoelectronics, Huacan Optoelectronics, and Aoyang Shunchang achieved rapid growth in 2017. In terms of revenue, Sanan Optoelectronics took the top spot with 8.394 billion yuan, up 33.82% year-on-year; while Aoyang Shunchang ranked second with 3.588 billion, up 86.32% year-on-year; Huacan Optoelectronics ranked third with 2.63 billion, year-on-year. The increase was 66.21%. On the net profit level, Sanan Optoelectronics re-raised the “profitable king†with 3.164 billion yuan, up 46.04% year-on-year; Huacan Optoelectronics ranked second with 502 million yuan, up 87.92% year-on-year; Aoyang Shunchang occupied 354 million yuan Three, an increase of 72.36%.
According to the first quarter financial report of 2018, Sanan Optoelectronics, Huacan Optoelectronics, and Aoyang Shunchang 1Q18 achieved net profit of 968 million, 143 million yuan and 87.78 million yuan respectively, an increase of 40.14%, 76.84% and 40.70%. From this point of view, the overall market environment of LED chips in 2018 will basically continue the trend of 2017.
In 2018, the LED chip maker will further release its production capacity and will continue to expand its chip production capacity in due course. For example, Sanan Optoelectronics accelerates the infrastructure construction of Quanzhou Nan'an Project; Huacan Optoelectronics will continue to promote the construction of LED red and yellow chips and blue-green chips and its epitaxial wafers of Suzhou subsidiary; Aoyang Shunchang will do a good job in expanding the project, making it The production capacity has gradually increased to 1.4 million pieces per month.
However, with the continued expansion of key manufacturers in 2018 and the further release of production capacity, there may still be fierce competition in specific market segments, facing the situation where opportunities and risks coexist. Perhaps in view of this, major manufacturers have deployed new application markets, such as Mini LED and Micro LED in display products. Both Mini LED and Micro LED are LEDs, which are roughly the same as traditional LED production equipment, but the technology is a qualitative leap, and the requirements for stability and consistency are very high. From the perspective of product application, the products made by Mini LED and Micro LED are excellent in terms of definition, image quality, thickness and reaction speed. In particular, the Micro LED solution is unmatched by other application solutions. Application will double the demand space. In addition, innovative applications such as light medical, safety, sterilization and disinfection will become new growth points and growth drivers.
It is understood that Sanan Optoelectronics has long-term technical reserves in the field of Micro LED and Mini LED; Huacan Optoelectronics has begun mass production and sales of Mini LED, and actively cooperates with international manufacturers to develop Micro LED; Aoyang Shunchang 2018 Will increase the technical reserves of Mini LED, Micro LED and so on.
Cat7 Patch Cord,Patch Cable Cat 7,Cat 7 Patch Cable,Patch Cord Cat7
CIXI LANGUANG PHOTOELECTRIC TECHNOLOGY CO..LTD , https://www.cxblueray.com