Macroblock Mini LED enters the supply chain of Korean brands, and shipments of high-end products steadily increase

Samsung, LG and other major Korean brands have begun to accelerate the introduction of LED technology into TV products, and related business opportunities continue to grow. According to the legal person, LED driver IC factory Juji has successfully won orders from major Korean manufacturers, and Juji’s high-end product line shipments are expected to increase overall this year.

Display technology continues to improve, and the market has begun to gradually enter MiniLED, mainly large-size TVs and high-end screens. Among them, major Korean brands such as Samsung and LG have continued to expand their LED layout in recent years and launched related new product lines, reducing the ultra-large sizes used in movie theaters to large-size TVs and high-end Apple products. The supply chain has benefited from related business opportunities, and shipment momentum is growing steadily.

The legal person pointed out that the Mini LED driver IC product line launched by Macroblock has successfully entered the supply chain of Korean brands, and as the TV market continues to recover, orders from system factory customers are gradually returning. It is expected that Macroblock's shipment performance in the second quarter will have the opportunity to reach a higher level.

It is understood that Macroblock has achieved success in the popular automotive market in recent years and has successfully entered the supply chain of mainland Chinese automakers. It is mainly used in central control screens in cars. Although its contribution to performance is still quite limited, it does mean that Macroblock technology has reached a high-durability automotive level.

In fact, in recent years, the high-quality performance of the MiniLED market has entered the Hollywood film supply chain and is used in the back panels of studios. In the past, actor back panels were only green screens, but through Mini LED screens, actors can be more immersed in the scene. Macroblock is also now starting to sprint into the AR/VR device market used in the Metaverse market, and has successfully applied for a US patent, waiting for market demand to enter an explosion.

Observing Juju's operating performance, consolidated revenue in January 2023 reached NT$144 million, a slight increase of 1.4% compared with December 2022, and a significant decline of 40.7% compared with the same period last year. The legal person pointed out that Macroblock continues to be affected by the inventory adjustment in the LED driver IC market. It is expected that the consolidated revenue in the first quarter may still maintain the off-season performance. However, after the subsequent lifting of the lockdown in mainland China and the recovery of the global market, Macroblock's shipment performance will have the opportunity to grow significantly. (Source: Industrial and Commercial Times)