With a $14 billion investment in miniLEDs between 2019 and 2021, miniLED backlight units seem to be on a huge upswing. Neglected for some time by the high-end display market, mainly dominated by OLEDs, LCDs are back in force with a new technology building block designed to compete with the contrast ratio and image quality provided by OLEDs. By integrating miniLEDs into the backlight unit, a greater number of dimming zones are created, offering finer backlighting control, thus better managing contrast and halo. With this enhanced performance opportunity, LCD manufacturers intend to get a foot in the door of the high-end display market, further facilitated by greater existing manufacturing capacity and lower investment requirements compared to OLEDs.
Yole Group
While the display industry is suffering through one of its worst downturns in its history, DSCC’s Quarterly MiniLED Backlight Technologies, Cost and Shipment Report revealed that MiniLEDs are a bright spot. Q3’22 MiniLED backlight shipments reached 5.1M units with 30% Q/Q and 158% Y/Y growth.
DSCC
Downturns aren’t downturns for everybody. You know, the old cliche, one door closes and another one opens. It’s like low cost dollar stores that took off over the last recession, back in 2008, while the rest of the retail sector suffered, giving people bargains is recession proof.
