Since 2016, the LED industry has been developing at a high speed, and a new pattern has appeared in 2018. Looking at the whole LED industry chain, we can see that the field of LED chips is the high profit link of the LED industry chain.
Domestic major LED chip enterprises have expanded production, domestic LED chips will be overcapacity, chip prices will turn downwards, foreign LED chip plants expand production to be cautious, supply growth is limited, China LED chip factory, Shunchang, Huan can optoelectronic, San an optoelectronic and other local government support policy, relying on capital Gold, scale and other advantages to actively expand production, global LED chip capacity gradually transferred to mainland China.——LED chip industry
Market size of LED chip in 2018
In 2016, the LED chip magnate optoelectronics shut down 25% blue light chip production capacity, LED chip supply and demand relationship changed, LED chip industry began to warm in the second half of 2016. In 2017, with the explosion of small spacing LED market and the expansion of LED chip downstream packaging industry, the supply of LED chips should still have a certain gap, China LED chip Enterprises The industry's growth rate is close to 100%, and the output value of China's LED chips is growing rapidly.——LED chip industry
The data show that in 2017, the output value of China's LED chips (excluding Taiwan, the same) industry reached 18 billion 800 million yuan, 29.7% more than in 2016, 40% of the global LED chip output, more than 1600 in China's MOCVD, 246 net increase in the year, and more than 54% of LED chip capacity in the world.
It is expected that in 2018, China's MOCVD platform will continue to increase 288 units to reach 2200 units, with the domestic major LED chip enterprises expanding, domestic LED chips will appear overcapacity problems, chip prices will turn down, the growth of domestic LED chips will slow down, and the output value of LED chips in China is expected to reach 225 in 2018. Billion yuan, an increase of 19.7% over the same period, and the capacity of the top three enterprises in the market will reach 47.8%.——LED chip industry
China's share in the global LED chip market is gradually improving.
LED chip prices are decreasing
After years of development, the price of LED chips has been reduced through the improvement of optical efficiency. The cost of chip production mainly consists of two parts: variable cost and fixed cost. The variable cost, including substrate, metal organic reaction source and gas, accounts for about 65%, and the fixed cost includes depreciation and other about 35%.
The enhancement of the manufacturer's technology has brought about the increase of LED light efficiency. The number of chips that can be cut on the unit area epitaxial chip increases, the cost of the chip drops and the chip price is declining year by year.——LED chip industry
Change of LED chip industry pattern
Statistics show that in 2016, the market size of China's LED chip industry exceeded 14 billion 500 million yuan, up 11.54% from the same period, and the price fell and rose steadily in the second half of 2016 to 2017. With the increasing capacity of Chinese mainland manufacturers, and the gap between technology and Taiwan is becoming smaller and smaller, the advantages of price, delivery, and rapid market reaction are obvious. In 2008, the domestic rate of LED chip in -2016 increased from 50% to 80%, reached 10 billion 600 million yuan, and the import was 3 billion 300 million yuan. Due to the obvious advantage of cost performance of mainland chipmakers, the export ratio also increased, and the 2015 export rate was 8.1%, rising to 9.6% in 2016.——LED chip industry
The output value of China's LED chip industry (billion yuan)
The market share of the world's top ten manufacturers increased from 66.1% in 2010 to 85.3% in 2017. The LED chip capacity of the mainland has been focused on the faucet of San an optoelectronic and hucan opto. In addition to OSRAM still has the expansion plan, other manufacturers have no large expansion plans, and most of China's local chip manufacturers have been unable to expand production and gradually withdraw from the capacity competition. Although the new LED chip project is launched, the impact on the market in the near future is still very limited.——LED chip industry
Productivity centralization of the continental chip plant
It is estimated that in 2018, three electronics manufacturers will occupy 71% of the mainland's LED chip capacity, including San an photoelectric, huaxan photoelectric and Shunchang Australia.——LED chip industry
The development trend of LED chip industry
In recent years, due to the government policy support and the intensive investment in enterprise research and development funds, and with a large number of China's Taiwan area and the Korean LED industry technical experts and teams to join the local enterprises, the average technical level of the domestic LED epitaxial chip enterprises has made considerable progress, and has reached the international advanced level.——LED chip industry
Reducing the cost of epitaxy and chip is very important for promoting the application of LED. In recent years, researchers have embarked on new technologies, new structures and new technologies, and continuously reduced the cost of epitaxy and chip production through technological innovation. The cost of white LED package will be reduced from $25 /klm in 2009 to $0.7 in 2020 /klm. The ultimate goal of LED costs is 0.5 US dollars /klm, and the average annual cost is down to more than 30%.——LED chip industry
In addition to the luminous efficiency and unit cost, the light attenuation, brightness, chromaticity consistency and antistatic ability of the LED chip are also the key technical indexes for the application of LED in the application fields of LED display screen and backlight.
In spite of the astonishing expansion of a few big manufacturers, the overall capacity expansion is relatively limited (145%), and then, after taking into account the Veeco Red Bull, the medium A7 and the R6 of some Axitron, the K465i, CRUIS2 and the earlier models are gradually withdrawing from the market, and the overall market supply is more centralized. The increase in capacity is also lower than expected.——LED chip industry
In addition, MOCVD subsidies for local governments are also more concentrated. Unlike the model of early rain and dew, local governments are more inclined to select cameras to select companies that have proven to have good operational and managerial capabilities in the market economy.
The strength of the subsidy also needs to be determined according to the model of the enterprise's strength and negotiation ability, and the company with the dominant position and the good tax ability is in a more favorable position in the bargaining with the local government.——LED chip industry
From the point of view of the supply structure, the expansion and range of the 2017~2018 years' expansion are only slightly higher than that of the whole industry.
The supply structure of the LED chip industry has lost the opportunity to translate into a structure similar to the semiconductor industry, and may gradually form a tripartite pattern similar to the DRAM memory industry. In contrast, when CR3 is equal, the structure of the three pillars is lacking in stability, and the intensity of competition is higher than that of one super plus, and higher than that of duopoly.——LED chip industry
In order to occupy nearly 75% of the profitability of the industry's profits, as the industry leader's three security strategy, it has the strength to sacrifice part of the operating capacity deterrent of profit, the potential entrants (Zhao Chi) and the more prudent expansion of competitors (hucan, Shunchang).——LED chip industry
Although a few big oligarchies in the LED chip industry will not be open to pricing and distribution in the form of formal agreement, the increasing concentration of industry and the demand price elasticity of the demand for the LED chip will also force the enterprises to achieve a tacit agreement and take the initiative to limit the price.——LED chip industry
In short, the LED chip market in 2018 will not have a single monopoly pricing, so it is difficult to maintain a super high Maori situation, but also probably won't be like the same price collapse again as in 2015. The tacit agreement and cooperation between the three oligarchs will become the key factor to decide the price trend of LED chip in 2018. However, the three oligarchic structure has natural instability, and the new game mode is still forming.——LED chip industry
Attached to domestic and foreign well-known manufacturers:
Famous domestic manufacturers
1, three an optoelectronic
San an Au Optronics Co is an international influential panchromatic ultra high luminance led epitaxy and chip manufacturer, mainly engaged in the R & D, production and sales of ultra high luminance LED epitaxial films, chips, compound solar cells and III - V compound semiconductors. Enter the level.
2, hucan optoelectronic
Hucan optoelectronic, with the technology as the guide, brings together international technical forces, including MOCVD, the world advanced level of blue and green light LED epitaxy and the production line of chip production line ranks in the forefront of the country, in the LED chip market in China has formed a good reputation of quality super group.——LED chip industry
3, de house run Da
Guangdong de Hao run Da electric Limited by Share Ltd is a group company based on small household appliances, LED and new energy related businesses. The main business includes LED chip, LED epitaxial film, LED lighting, LED display, LED packaging, LED equipment and kitchen small household electrical appliances manufacturing and services.——LED chip industry
The company is committed to the development and development of China's metal logistics industry, as long as the business is LED chip R & D, production and sales.
Xiamen Qian Zhao Au Optronics Co, founded in February 2006, has a total investment of over 300 million yuan. It is a high-tech enterprise specializing in the R & D, production and sales of red, yellow and orange four yuan LED epitaxial films, chips and high performance Gallium arsenide solar cells.——LED chip industry
Poly optical technology (Suzhou) was funded in April 8, 2010. It mainly provides all the blue light chips of all white light process, including 8*15, 10*18, 20*38, 40*40 and other products. It is used in commercial lighting, industrial lighting, indoor lighting, notebook backlighting, TV backlighting and other fields.——LED chip industry
7, Shanghai blue light
Shanghai blue light Technology Co., Ltd. was founded in April 2000, is a company engaged in GaN based LED epitaxial wafer, chip R & D and industrial production enterprises. The main products are gallium nitride based high brightness blue, green epitaxial wafer and chip.——LED chip industry
8, Tongfang photoelectricity
Tongfang photoelectric is a subsidiary of the shares of the listed company, with a strong capital background and the development, production and sale of the main white light chip. The production base is mainly in Nantong, Jiangsu (in 2013, the Beijing base station has moved to Nantong). At present, the number of MOCVD is 59, ranking fifth in the country.——LED chip industry
The upstream epitaxial chip, relying on the research strength of Tsinghua University and combining the CAS and some Taiwan R & D team, the company has successfully mastered the key technology of the chip and applied for nearly 100 patents at home and abroad. The company's small and medium size chips have been approved by the major manufacturers.——LED chip industry
9. Melt optoelectronic
Optoelectronic Polytron Technologies Inc (Stock Code: 832502) was established at the end of 2010, with a registered capital of 240 million RMB. It is a high-tech industry that specializes in the R & D, production and sales of the panchromatic LED epitaxial films and chips.——LED chip industry
10, Hua Lei photoelectric
Xiang Neng Hua Lei Au Optronics Co, founded in June 2008, is controlled by the Hunan coal industry group and other companies. It is a state-owned holding company, with a registered capital of 388 million yuan. The company is currently operating a blue and green epitaxy film and a white light chip. The chips are mainly small and medium power. In 2015, the company has formed an annual production capacity of GaN base blue and green light epitaxy 1 million 200 thousand, chip 1 million 100 thousand, and luminaire 2 million 200 thousand.——LED chip industry
Well-known foreign chip manufacturers
The famous LED chip manufacturer, American CREE company, based on silicon carbide (SiC), gallium nitride (GaN), silicon (Si) and related compounds, including blue, green, ultraviolet light emitting diode (LED), near ultraviolet laser, radio frequency (RF) and microwave devices, power switching devices and silicon carbide (SiC) epitaxial films for production and scientific research.——LED chip industry
The world's second largest photoelectric semiconductor manufacturer has lighting, sensors and image processors. The company is headquartered in Germany, with R & D and manufacturing base in Malaysia, with approximately 3400 employees and sales of 4 billion 590 million euros in 2004. The most famous product of OSRAM is LED, which has only a few millimeters in length. It has many colors, low power consumption and long life.——LED chip industry
Japan Asia chemistry, the famous LED chip manufacturer, Japan company, was founded in 1956, developed the world's first blue LED (1993), the world's first pure green LED (1995), and built a subsidiary around the world.
ToyodaGosei: TOYOTA synthesis, headquartered in Aichi, Japan, produces auto parts and LED, LED accounts for about 10% of revenue, TOYOTA synthesis and Toshiba jointly developed white light LED, which is a combination of ultraviolet light LED and fluoro, which is different from the combination of the general blue light LED and the fluorescent light.——LED chip industry
As the world's leading LED supplier, its products provide efficient and reliable light sources for many products, such as automobile, electronic information board and traffic signal lamps, industrial equipment, cellular telephone and consumer products. The high reliability of these components usually guarantees that the light source will not need to be replaced during the service life of the device. Agilent low cost dot matrix LED display, a wide variety of seven segment display and Agilent LED light strip products are available in various packages and colors.——LED chip industry
Toshiba semiconductor is the main supplier of automotive LED, especially the panel backlight, car radio, navigation system, climate control and other units. The technology used is InGaAlP, with wavelengths ranging from 560nm (PureGreen) to 630nm (red). Recently, Toshiba has developed a new technology, UV+phosphor (UV + fluorescence), and LED chips can send out ultraviolet light to stimulate phosphor powder and send out a variety of light, such as white light, pink, green and other light.——LED chip industry
LumiledsLighting is the world's leading manufacturer of high power LED and solid lighting. Its products are widely used for lighting, television, traffic signals and general lighting. LuxeonPowerLightSources is its patent product. It combines the small size of traditional lamps and LED and the characteristics of long life. It also offers a variety of LED chips and LED packages, with red, green, blue, amber, white and other LED.LumiledsLighting headquarters in the United States, factories in Holland, Japan, and Malaysia, built in 1999 by the Agilent and PHILPS joint venture, and in 2005 PHILPS fully acquired the company.——LED chip industry
Seoul semiconductor is the largest manufacturer of LED environmental lighting technology in South Korea, and one of the world's eight largest producers (source: StrategiesUnlimited--LED Market Research Company). The main business of Seoul semiconductor is to produce full line LED assembly and custom module products, including semiconductor light source products driven by alternating current, such as Acriche, side light LED, top light LED, sliced LED, plug-in LED, and human fish (super light) LED, etc. The products have been widely used in general lighting, display screen lighting, mobile phone backlight, TV, portable computer, automobile lighting, household appliances and traffic signals.——LED chip industry
9, SemiLEDs Xu Ming
Is the world's leading high-performance light-emitting diode (HPLED), suitable for general lighting applications. SemiLEDs's LED chip is the smartest and most effective market today. Using copper alloy substrate, SemiLEDs has been successfully developed and commercially available MvPLED Technology (metal vertical photoluminescence diode). With the metal substrate and unique device structure, SemiLEDs' HPLEDs has a better electrical and thermal conductivity that leads to higher brightness, efficiency and better heat transfer, suitable for lighting applications, including displays, signs, communications, cars and general lighting.——LED chip industry
10, SDK Zhao he electrician
It is a representative comprehensive chemical association in Japan. Since 60s, liquid chromatography has been developed for more than 40 years. More than 800 special special-purpose columns, such as GPC, GFC, special column of sugar analysis, ion exchange chromatography column, affinity chromatography column, organic acid column, chiral separation column and ion chromatography analysis, have been produced. In the future, the Zhao he electrician will carry out the development of the same blue light LED and green light LED with the same luminous efficiency. It aims to increase its LED business revenue from 10 billion yen in 2007 to the scale of 150~200 billion yen.——LED chip industry