In the past two years, the growth of LED (light-emitting diode) displays at the end of the industrial chain has slowed down and the price war has been fierce. However, in 2013, the new product LED small-pitch display was born, rewriting the performance of this segment. With the release of small-pitch LED display orders, Liad, Chau Ming Technology, Alto Electronics and Lianjian Optoelectronics saw a significant year-on-year increase in net profit in the first half of 2014.
Small LED spacing to grab market <br> <br> last July, Riyadh release of 6 large-size high-definition LED TV products, setting off a small pitch LED display of the dispute. Shortly afterwards, A-share listed LED display companies joined the small-pitch LED camp and launched independent research and development related products.
According to Liard's definition, LED small-pitch TV refers to LED display products with pixel pitch of 4mm or less, including P4, P3.125, P2.5, P1.9, P1.6, P1.2 (pixel pitch is 4mm). LED display products such as 3.125mm, 2.5mm, 1.9mm, 1.6mm and 1.2mm).
In the current mainstream large-screen display technology, the market share of LED display accounts for about 48% of the overall display market, almost the same as the market share of DLP (projection display technology application) products. The appearance and rapid application of LED small-pitch display products has broken the bottleneck of the current price war and gross profit margin growth in the LED display industry, and has become a new profit growth point in the industry, which has further transformed the LED display industry.
When the LED small-pitch TV market was just starting, the industry debated "who is the originator of LED small-pitch TV." As early as January 2013, Chau Ming Technology officially released UTV2.51.91.71.4 small-pitch display products, and officially launched at the Guangzhou exhibition in March of that year. It is said that the small-pitch products of Chau Ming Technology entered the TV broadcast room of the London Olympic Games in 2012. The revenue of small-pitch products accounted for about 10% of the total display revenue.
The LED small-pitch display was born, and the first impact was the large-screen display market using other technologies. According to industry insiders, there are few companies that can achieve more than 100 inches of liquid crystal display (LCD). LCD large-screen display needs to be solved by splicing, but no matter how good the splicing technology, it can not solve the gap problem. DLP technology does not display as well as LED small-pitch display, and it does not eliminate the problem of seams between display units.
In view of this, Zhou Ming Technology is optimistic in the 2014 semi-annual report that the LED display is the mainstream of the market in the current and future two to three years. It can be clearly seen that the demand for LED display will continue to be maintained in 2014. increase.
Four Little Dragons competing blooming <br> <br> Riyadh small spacing LED TV in the first half of this year signed a new one-$ 300 million, revenue is recognized 192 million yuan, up 235.49 percent from a year earlier. The company's small-pitch LED TV operating revenue accounted for a new high, reaching 46.56%. Up to now, 115 small-span standard TVs have been sold. In addition, the company will also release LED small-pitch TVs for the civilian market in the near future. Benefiting from this, Liard achieved a net profit of 539.928 million yuan in the first half of the year, a year-on-year increase of 76.02%.
In the face of market competitors, Chau Ming Technology also responded quickly. It pioneered the development of a 0.8mm micro-pitch LED display in the industry, opening up the blue ocean market with over 110-inch large commercial TVs and digital signage displays. In the first half of the year, the small-pitch LED display product orders amounted to 91.85 million yuan, which has become the core axis of the company's development in the display field. The company expects the sales target of small-pitch products to increase by more than 70% year-on-year.
Alto Electronics has also joined the small-pitch LED display camp. In the first half of this year, it developed two products, including 1.0mm dot-pitch indoor ultra-high-density LED display system and 3.0mm dot-pitch outdoor ultra-high-density LED display system. The results were recognized by customers and partly applied to the 2014 World Cup soccer stadium and fan park in Brazil, the Waterloo Railway Station in London, the 2014 French Open, and the 2014 Geneva International Motor Show. In the first half of the year, the company's LED video display system revenue increased by 42.82% year-on-year, reaching 106 million yuan.
At present, Lianjian Optoelectronics has not announced the semi-annual report, but the company's previous performance forecast shows that the net profit in the first half of the year was about 30 million yuan to 32 million yuan, a year-on-year increase of 244.71% to 270.78%. Excluding the impact of time-sharing media, the company achieved a net profit of 10 million to 11 million yuan, an increase of 15.87% to 21.46%.
It is understood that Lianjian Optoelectronics has promoted the micro-dense small-pitch LED display market in 2013. The micro-dense and small-pitch products have been widely recognized by customers. The contract value of micro-fine small-pitch products in 2013 exceeded 100 million yuan. It is expected to achieve significant results in 2014. As a result, the micro-dense small-pitch products have doubled and exploded.
Small LED spacing to grab market <br> <br> last July, Riyadh release of 6 large-size high-definition LED TV products, setting off a small pitch LED display of the dispute. Shortly afterwards, A-share listed LED display companies joined the small-pitch LED camp and launched independent research and development related products.
According to Liard's definition, LED small-pitch TV refers to LED display products with pixel pitch of 4mm or less, including P4, P3.125, P2.5, P1.9, P1.6, P1.2 (pixel pitch is 4mm). LED display products such as 3.125mm, 2.5mm, 1.9mm, 1.6mm and 1.2mm).
In the current mainstream large-screen display technology, the market share of LED display accounts for about 48% of the overall display market, almost the same as the market share of DLP (projection display technology application) products. The appearance and rapid application of LED small-pitch display products has broken the bottleneck of the current price war and gross profit margin growth in the LED display industry, and has become a new profit growth point in the industry, which has further transformed the LED display industry.
When the LED small-pitch TV market was just starting, the industry debated "who is the originator of LED small-pitch TV." As early as January 2013, Chau Ming Technology officially released UTV2.51.91.71.4 small-pitch display products, and officially launched at the Guangzhou exhibition in March of that year. It is said that the small-pitch products of Chau Ming Technology entered the TV broadcast room of the London Olympic Games in 2012. The revenue of small-pitch products accounted for about 10% of the total display revenue.
The LED small-pitch display was born, and the first impact was the large-screen display market using other technologies. According to industry insiders, there are few companies that can achieve more than 100 inches of liquid crystal display (LCD). LCD large-screen display needs to be solved by splicing, but no matter how good the splicing technology, it can not solve the gap problem. DLP technology does not display as well as LED small-pitch display, and it does not eliminate the problem of seams between display units.
In view of this, Zhou Ming Technology is optimistic in the 2014 semi-annual report that the LED display is the mainstream of the market in the current and future two to three years. It can be clearly seen that the demand for LED display will continue to be maintained in 2014. increase.
Four Little Dragons competing blooming <br> <br> Riyadh small spacing LED TV in the first half of this year signed a new one-$ 300 million, revenue is recognized 192 million yuan, up 235.49 percent from a year earlier. The company's small-pitch LED TV operating revenue accounted for a new high, reaching 46.56%. Up to now, 115 small-span standard TVs have been sold. In addition, the company will also release LED small-pitch TVs for the civilian market in the near future. Benefiting from this, Liard achieved a net profit of 539.928 million yuan in the first half of the year, a year-on-year increase of 76.02%.
In the face of market competitors, Chau Ming Technology also responded quickly. It pioneered the development of a 0.8mm micro-pitch LED display in the industry, opening up the blue ocean market with over 110-inch large commercial TVs and digital signage displays. In the first half of the year, the small-pitch LED display product orders amounted to 91.85 million yuan, which has become the core axis of the company's development in the display field. The company expects the sales target of small-pitch products to increase by more than 70% year-on-year.
Alto Electronics has also joined the small-pitch LED display camp. In the first half of this year, it developed two products, including 1.0mm dot-pitch indoor ultra-high-density LED display system and 3.0mm dot-pitch outdoor ultra-high-density LED display system. The results were recognized by customers and partly applied to the 2014 World Cup soccer stadium and fan park in Brazil, the Waterloo Railway Station in London, the 2014 French Open, and the 2014 Geneva International Motor Show. In the first half of the year, the company's LED video display system revenue increased by 42.82% year-on-year, reaching 106 million yuan.
At present, Lianjian Optoelectronics has not announced the semi-annual report, but the company's previous performance forecast shows that the net profit in the first half of the year was about 30 million yuan to 32 million yuan, a year-on-year increase of 244.71% to 270.78%. Excluding the impact of time-sharing media, the company achieved a net profit of 10 million to 11 million yuan, an increase of 15.87% to 21.46%.
It is understood that Lianjian Optoelectronics has promoted the micro-dense small-pitch LED display market in 2013. The micro-dense and small-pitch products have been widely recognized by customers. The contract value of micro-fine small-pitch products in 2013 exceeded 100 million yuan. It is expected to achieve significant results in 2014. As a result, the micro-dense small-pitch products have doubled and exploded.
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