The demand for small-pitch displays is strong, and it is expected to maintain rapid growth: Because small-pitch LED screens perform better in splicing gaps, resolution and service life, they are gradually replacing traditional LED screens. As the cost of upstream LED lamp beads decreases, we judge that penetration is expected to accelerate in the future. In 2017, the global fine-pitch market was about 6 billion yuan, and we expect to maintain a compound growth rate of more than 50% in the next three years. Mini/Micro LED has significant advantages and opens up new space for growth: Mini/Micro LED refers to the high-density integration of micro-sized LED arrays on a chip, and is the next generation of micro-pitch display technology based on COB packaging. Compared with OLED, Mini/Micro LED displays better and more energy-efficient. With the solution of massive transfer technology, in the future, small and medium sizes represented by wearables and mobile phones, and large-size markets represented by TVs are expected to achieve rapid penetration. Jingrui Chuangxian COB packaging performance has stabilized, opening up the blue ocean: Compared with ordinary packaging technology, Jingrui Chuangxian COB advantages are: 1) high reliability, low dead light rate; 2) cost saving; 3) can be smaller The dot pitch; 4) Lightweight, anti-stress, color contrast, saturation, and consistency are better. With the increasingly fierce competition in the commercial and automotive lighting markets, COB extends to the blue ocean of displays, and has broad application scenarios in the fields of small-pitch LEDs and large-size commercial displays.
