Mini LED and Micro LED technologies are at the forefront of Huizhou Espace Photoelectric’s recent strategic moves. On July 3rd, the company announced the completion of its Series A financing round, with investments from Jiangsu Shengkun Investment, Zhuoyuan Capital, and Guohong Investment under the Dongguan State-owned Assets Supervision and Administration Commission. The funds raised will accelerate the industrialization of Espace Photoelectric’s Mini LED and Micro LED packaging technologies and equipment. Prior to this, Espace Photoelectric successfully completed two rounds of strategic financing in 2020 and 2022, with support from Dongguan Sci-Tech Group.
Company Profile: Espace Photoelectric
Established in 2020 and registered in Dongguan, Guangdong Province, Espace Photoelectric has a registered capital of approximately $5.3 million (38.54 million yuan). The company’s business scope includes the research and development of electronic special materials, manufacturing and sales of semiconductor lighting devices, and integrated circuit design and manufacturing. The founding team comprises members from prestigious universities such as Peking University and Seoul National University, with over 15 years of experience in LED packaging lines and equipment. Espace Photoelectric maintains strong partnerships with major Korean companies, including Samsung and Seoul Semiconductor.
Advancements in Mini LED and Micro LED Technology
Mini LED Packaging Technologies
Espace Photoelectric has developed robust Mini LED CSP (Chip Scale Package) and COB (Chip on Board) packaging technologies. The Mini LED COB packaging technology is already in mass production, achieving a high product yield rate of up to 95%. The company is collaborating with strategic partners such as TCL, Samsung, and LG to expand the large-scale implementation of Mini LED packaging technology.
Focus on Micro LED Innovations
In the Micro LED sector, Espace Photoelectric is concentrating on technological advancements and expanding its production line layout. The company plans to establish an overseas research and development center in South Korea, focusing on developing commercial Micro LED packaging technologies.
Production Capacity and New Projects
Espace Photoelectric currently operates 38 production lines across its intelligent manufacturing bases in Huizhou and Dongguan, with a total production capacity exceeding $414 million (3 billion yuan). These lines support ultra-precision SMT (Surface Mount Technology) and professional die-bonding SMT production processes.
Expansion of Production Facilities
In April, the company expanded its capabilities by launching new Mini LED chip packaging and transparent display projects in Huai’an, Jiangsu Province. Once fully operational, these projects are expected to achieve an annual output value of $276 million (2 billion yuan) and contribute $13.8 million (100 million yuan) in taxes.
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