As applications adopting Mini LED technology are about to boom, Chinese companies reported their new investment projects for expanding capacity for the new display technologies including Mini LED and Micro LED. Last week, LED display maker Dicolor and LED chip producer Focus Lightings announced their new projects for Mini and Micro LED respectively. Dicolor added RMB 1 billion (US$ 146.28 million) to build a Mini LED display production center in Chuzhou and Focus Lightings announced that it will expand capacity for Mini/Micro LED chip with an...

TrendForce’s latest LED Industry Demand and Supply Data Base finds that, by 2024, the global Mini/Micro LED market is projected to reach US$4.2 billion in revenue. The positive outlook of the Mini/Micro LED industry has attracted many investors. Since 2019, total investments in Mini/Micro LED-related projects in China have reached RMB 39.1 billion, with more than 14 newly added projects, according to TrendForce’s investigations. This massive influx of capital is expected to accelerate the overall pace of Mini/Micro LED commercialization. ...