Dec 02, 2020 12:34 PM (GMT+8) · EqualOcean
According to Guo Mingshu of Tianfeng securities, the shipment volume of applemini LED devices was significantly better than expected, increasing the shipment volume in 2021 and 2022 by about 350% and 450% to 10 – 12 million units and 25 – 28 million units, so crystal power, the main supplier of LED chips, was the biggest beneficiary. Thanks to the significant improvement of miniled capacity utilization, it is predicted that the crystal power will start to make profits at the end of 1q21 as soon as possible. It is estimated that the miniled shipment volume of Jingdian will reach 10 million units in 2021.