SHANGHAI, Jul 21 (SMM) - The prices of Driver IC and other upstream raw materials in the LED display industry has kept rising in H1 2021, causing downstream end enterprises to face greater cost pressures, and the manufacturers in LED display industry chain have raised their product prices. The prices of chip, package, IC and display have all increased.
LED display manufacturers have started to lift prices in H2, which is not the first time of price hike.
Leyard raised its product prices in May, and Unilumin also issued a price increase notice in June. The two manufacturers made price adjustments again only after one month, and eight other manufacturers issued price increase letters.
TrendForce research shows that the overall LED demand have grown in 2021 as the vaccination rates have risen in many countries, and the major commercial evens and sports events such as European Football League and Tokyo Olympics gradually resumed.
Therefore, the market value of LED display is expected to rise to $6.27 billion in 2021.
According to CaiLianPress, among the relevant listed companies:
The main products of NationStar are divided into device products, component products and LED epitaxial wafers and chips, and its business covers the up, middle and downstream products of the LED industry chain.
Hongli Zhihui’s LED automotive lighting sector continues to improve the industrial chain layout of LED lamp beads-modules-lamps, and it is the first domestic automotive LED brand that has passed AEC-Q102 and IEC60810 dual certification.