Mini LED news is driving the latest developments in display technology, from Samsung’s Micro RGB TV to TCL’s COB mass production and San’an’s Lumileds acquisition. Samsung releases a new Micro RGB backlight TV; several LED packaging manufacturers announce price increases; TCL CSOT’s MLED COB direct-view products enter mass production; Dicolor completes the main structure of its Sichuan Mini LED project; San’an Optoelectronics acquires Lumileds with overseas investors; Hikvision, TCL Technology, Samsung, LG, and other publicly listed companies release Q2 financial results…
1. New Products and Technology Developments
Samsung Officially Launches Micro RGB Backlight TV at $32,000
On August 12, Samsung unveiled its 115-inch Micro RGB AI TV, featuring an RGB LED backlight and Samsung’s new Micro RGB AI engine, which applies AI-based processing to optimize both picture quality and sound.
Price: 44.9 million KRW (≈ $32,000 / RMB 231,800)
Currently, Hisense and Samsung are the only companies to have introduced RGB-Mini LED TVs to the market.
BOE Showcases New LED Products at DIC EXPO 2025
At DIC EXPO (Aug 7–9), BOE presented its 81.3-inch P0.9 Mirror COB display with a 7680Hz refresh rate. It also debuted the 110-inch UB Cell 4.0 display, featuring advanced low-reflection and scattering technology with a mirror reflectivity as low as 0.6%.
TCL CSOT’s MLED COB Products Enter Mass Production
On August 7, TCL CSOT’s Suzhou plant celebrated the mass production of its MLED COB direct-view products. The first model launched was the P1.2 COB Mini LED display.
Absen & Bokai Open World’s Largest Virtual LED Studio
On July 14, Absen and Bokai Media completed the world’s largest single-unit LED virtual studio:
Dimensions: 270° curved LED wall, 50m diameter, 12m height
Studio size: 5,000 sqm, with 1,700 sqm of LED display area
Resolution: 600 million pixels, setting a record for the world’s largest single-screen pixel count
Leyard 4K LED Cinema Screen Debuts in Shandong
On August 8, Leyard unveiled its 4K 20m LED cinema screen in Zibo, Shandong. Key specifications:
Brightness: 300 nits
Features: High frame rate, ultra-wide color gamut, and 170° viewing angle
Latest Patent Filings in Micro LED
Zhaochi Semiconductor: Epitaxial wafer & manufacturing method for Micro LED
Xinjiu Semiconductor: Micro LED chip structure & fabrication method
Qiangli Jucai: Substrate for Micro LED chips & manufacturing method
Chenxian Optoelectronics: Display panel and device manufacturing methods
Saphlux: High-efficiency Micro LED quantum dot color-conversion layer & laser lift-off method using composite adhesive tape
Goertek: Patents on Micro LED devices, full-color chips, and AR/VR headsets
Weijiu (Suzhou) Optoelectronics: Methods to improve AlGaInP red Micro LED chip performance & thermal dissipation
Runyin Xingrun Optoelectronics: Concentrated Micro LED-based micro-display
2. Investment and Mergers & Acquisitions
San’an Optoelectronics Acquires Lumileds with Partners
On August 1, San’an Optoelectronics, together with overseas investor Inari, acquired Lumileds Holding B.V. for $239 million in cash. San’an will indirectly hold 74.5% equity and consolidate Lumileds’ financials.
Yanshan Technology Secures Nearly RMB 100 Million in Pre-A Financing
On July 16, Micro LED chipmaker West Lake Yanshan Technology raised nearly RMB 100 million (≈ $14M) in Pre-A funding.
Investors: Shenzhen Capital Group, Ivy Capital, Mogan Mountain Fund, Lenovo Ventures
Focus: Development of monolithic vertically stacked full-color Micro LED chips and mass production lines
Applications: Commercial displays, TVs, smartwatches, transparent displays
Clients: Samsung, BOE, TCL CSOT, Tianma
Chipone North China Initiates STAR Market IPO
On August 5, Chipone North China registered with the Beijing CSRC to begin its STAR Market IPO process, with CITIC Securities as the lead underwriter.
Key investors: Xiaomi Yangtze Industry Fund, Huawei Hubble, TCL Capital, vivo
NationStar Optoelectronics Plans RMB 981 Million Fundraising
On July 10, NationStar Optoelectronics announced a private placement of up to RMB 981 million to fund six LED projects.
Foshan Lighting will subscribe RMB 116 million in cash.
HKC Advances IPO Inquiry Phase
On July 11, HKC (Huike) entered the inquiry phase of its RMB 8.5 billion IPO, with proceeds targeting:
OLED & Oxide R&D (RMB 5.5B)
Mianyang Mini LED smart manufacturing project (RMB 2B)
Working capital & debt repayment (RMB 1B)
3. Capacity Expansion and Project Development
PlayNitride Micro LED High-End Display Manufacturing Project Signed in Kunshan
On July 22, the signing ceremony for PlayNitride’s Micro LED high-end display manufacturing project was held in Suzhou. The company will further establish a subsidiary in Jiangsu Kunshan Development Zone, building a Micro LED glass substrate production line dedicated to the manufacturing and sales of Micro LED panels, components, and modules.
Yuanheng Optoelectronics Announces RMB 500 Million Investment for Shenzhen Qianhai UHD Display Base
On August 6, Yuanheng Optoelectronics officially released its land use project plan. The project is located in Bao’an District, covering approximately 12,200 square meters, with a total planned investment of RMB 500 million. It will include eco-friendly production plants, an R&D and office center, and supporting industrial facilities.
The project aligns with Shenzhen’s “20+8” industrial cluster strategy, focusing on next-generation display technology R&D and multi-scenario application expansion.
Dachai Optoelectronics Tops Out Phase I of RMB 1 Billion Mini LED Project in Sichuan
Recently, Dachai Optoelectronics completed the structural topping out of Phase I of its Mini LED project in Neijiang, Sichuan. With a total investment of about RMB 2 billion, the project will establish an advanced Mini LED display manufacturing base integrating R&D and high-end production. The development will be carried out in two phases: SMD and COB.
Leyard Completes Key Strategic Expansion in Overseas Market
On July 22, Leyard Group reached a comprehensive strategic cooperation agreement with Saudi Engineering Holding Group (EHG). Together, the two parties established “Leyard Middle East,” focusing on the R&D and manufacturing of high-end display screens and energy-saving lighting systems.
4. Corporate Performance and Financial Reports
Jucan Optoelectronics Achieves RMB 1.594 Billion Revenue in H1
On July 21, Jucan Optoelectronics released its semi-annual report. During the reporting period, the company achieved operating revenue of RMB 1.594 billion, a year-on-year increase of 19.51%. Net profit attributable to shareholders of the listed company reached RMB 117 million, up 3.43% year-on-year, while net profit excluding non-recurring items was RMB 114 million, up 8.12% year-on-year.
Hikvision Reports Double Growth in Revenue and Net Profit
On August 2, Hikvision released its 2025 semi-annual results. The company achieved revenue of RMB 41.818 billion, up 1.48% year-on-year. Net profit attributable to shareholders was RMB 5.657 billion, an increase of 11.71%. Net profit excluding non-recurring items reached RMB 5.489 billion, up 4.69%. Net cash flow from operating activities was RMB 5.343 billion, compared with an outflow of RMB 190 million in the same period last year.
Nationstar Optoelectronics Forecasts H1 Net Profit of RMB 20–25 Million
On July 14, Nationstar Optoelectronics issued a performance forecast, expecting net profit of RMB 20–25 million for the first half of 2025, down 55.55%–64.44% year-on-year. Net profit excluding non-recurring items is expected to be RMB 7–13 million, down 63.98%–80.61% year-on-year.
Konka Expects Net Loss of RMB 360–500 Million in H1
Konka Group recently issued its H1 2025 performance forecast, estimating a net loss of RMB 360–500 million, compared with a net loss of RMB 1.088 billion in the same period last year. Net profit excluding non-recurring items is expected to be a loss of RMB 950 million to RMB 1.1 billion.
Visionox Projects H1 Revenue Growth of 1.70%–6.78%
On July 14, Visionox released its H1 2025 earnings forecast. The company expects revenue of RMB 4.0–4.2 billion, representing year-on-year growth of 1.70%–6.78%. However, net profit attributable to shareholders is forecasted at a loss of RMB 1.0–1.176 billion. Net profit excluding non-recurring items is expected to be a loss of RMB 1.085–1.261 billion.
Furi Electronics Turns Profitable in H1, LED Packaging Business Grows Over 20%
On August 9, Furi Electronics released its H1 2025 financial results. The company achieved revenue of RMB 5.332 billion, up 0.42% year-on-year, and reported a net profit attributable to shareholders of RMB 22.08 million, successfully turning losses into profits. The company noted that its LED packaging business grew by more than 20% year-on-year.
TCL Technology: Semiconductor Display Net Profit Exceeds RMB 4.6 Billion
On July 10, TCL Technology announced that it expects to achieve net profit of RMB 1.8–2.0 billion in H1 2025, representing year-on-year growth of 81%–101%. Net profit excluding non-recurring items is forecasted at RMB 1.5–1.65 billion, reflecting growth of 168%–195%.
Samsung Electronics: VD Business Profit Expected to Decline
Samsung Electronics recently announced its Q2 2025 earnings forecast. The company recorded sales of KRW 74 trillion (approximately RMB 387.01 billion), down 0.09% year-on-year. Operating profit was KRW 4.6 trillion (approximately RMB 240.57 billion), a decline of 55.94% year-on-year and 31.24% quarter-on-quarter.
LG Electronics: Profit Down 46.6%
LG Electronics released its Q2 results, reporting revenue of KRW 20.74 trillion (approximately RMB 108.392 billion), down 4.4% year-on-year and 8.8% quarter-on-quarter. Operating profit (based on consolidated financial statements) was KRW 639.1 billion (approximately RMB 33.5 billion), representing a year-on-year decline of 46.6% and a quarter-on-quarter decline of 49.2%.
5. Market Price Dynamics
Collective Price Hikes in LED Packaging (Lamp Beads)
In August, multiple LED packaging manufacturers—including MLS, Jingtai, StarCore, Dongshan Precision, Lanke, Dahe, and Gaoke Huaxing—announced price increases of 5–10% across their LED lamp bead products.
