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Sunmoon Microelectronics has achieved mass production for MiniLED driver IC

time:2021-04-07 Views:327


Driver IC manufacturer Sunmoon Microelectronics listed on the Science and Technology Innovation Board in December 2020 and disclosed its first annual report yesterday evening (22th, March). Both revenue and net profit have increased.

Thanks to the increase in product sales and the increase in gross profit margin, Sunmoon Microelectronics achieved revenue of 525 million RMB in 2020, a year-on-year increase of 13.47%; net profit attributable to shareholders of listed companies was 109 million RMB, a year-on-year increase of 35.36%.

Sunmoon Microelectronics pointed out that the integrated circuit industry will gradually pick up in the second half of 2020 and the market demand will be strong. Under this background, the company's LED display and LED lighting driver chip sales continue to grow. At the same time, the company's high-margin new product sales increase. The overall increase in interest rates has driven steady growth in revenue and operating profit throughout the year.

Sunmoon Microelectronics is an integrated circuit design company. It extends its Fabless business model to downstream. It has built part of its own packaging and testing production lines and has formed a complete business model. At present, the main business includes integrated circuit R&D and design, packaging and testing and sales. Products include LED display, LED lighting driver chips and power management chips.

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LED display driver chips include display screens and smart landscapes. Among them, the display driver chips are divided into LED direct display and backlight drivers, mainly for small pitch and Mini/Micro LED driving technology research. Related products have been used in batches for applications such as Leyard, Unilumin, Lian Tronics and Qianlir’s display product.

The intelligent landscape driver chip can be used to realize the contextualization and intelligence of the landscape lighting project and control the artistic effect of the landscape display. Mingjiahui, Grand Canyon and Aike shares are all customers of its landscape driver chips.

LED lighting driver chips are mainly used in lighting fields such as home lighting, office lighting, commercial lighting and municipal lighting. Customers include Signify, GE, Opto Lighting, Yankon Lighting and Foshan Lighting and other domestic and overseas lighting companies.

During the reporting period, Sunmoon Microelectronics' sales were increased on two main products, LED display driver chips and LED lighting driver chips

 

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Competition in the new display driver IC market tends to be fierce

The advent of the new display era such as Mini/Micro LED provides new development opportunities for driver IC and other supporting industries. Especially since this year, Apple, Samsung, LG, Sony, TCL, Konka and other brand factories have accelerated the launch of Mini/Micro LED products which greatly drives the market demand in all links of the industrial chain.

In 2020, Sunmoon Microelectronics’ MiniLED driver chips have been released mass production. The current accuracy can reach ±1.5% which solves the problem of mutual interference between MiniLED screen driver chips and improves display resolution and clarity.

In addition, the company's technical research and development work has been extended to the Micro LED industry. During the reporting period, Sunmoon Microelectronics’ Micro LED driver chips have passed engineering tests. The high and low brightness contrast of the product can reach 16bit, and the grayscale gradient visual effect is smoother.

In 2020, Sunmoon Microelectronics display driver chip sales and gross profit margin both increased, which can reflect the increase in its market share in the new display market.

At the same time, Sunmoon Microelectronics is building smart high-end display driver chip research and development and industrialization projects, aiming to expand the scale of production and sales. In the future, driven by the capital market, with the further increase in production capacity and the advancement of technology research and development, Sunmoon Microelectronics will increase its initiative in the driver IC market, especially in the field of new displays.

It is worth noting that in addition to Sunmoon Microelectronics, the major manufacturers in the current driver IC market also include Macroblock, Jichuang North, Fuman Electronics, Riyuecheng, Seechip and DP Microelectronics. For example, Lingyang Huaxin is not far behind and has released two self-developed Mini-level driver ICs at the beginning of this year with the purpose of seizing the Mini/Micro LED market share.

Obviously, the competition in the new display driver IC market has become more and more fierce, and various manufacturers hope to catch the opportunity to obtain more orders from brand manufacturers, thereby increasing market share and profitability. (Source: LEDinside Janice)


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