About gross profit margin
The unit price of the traditional LED double-head die-bonding machine mainly sold by Xinyichang is about 160,000 yuan, with a gross profit margin of more than 30%. The unit price of the Mini LED six-head die-bonding machine is about 1 million yuan, with a gross profit margin of more than 60%. Therefore, the price of Mini LED die-bonding machine is higher than that of traditional LED die-bonding machine, and the profit is also more considerable.
About production capacity
In the research activities at the end of June, Xinyichang said that Mini LED equipment shipments are mainly direct display, with a speed of 120 K; In terms of backlight, Xinyichang has been doing docking and verification of various technologies with many customers based on its large technical reserves in the early stage.
Currently, Xinyichang continues to expand its staff, and the overall performance of its major business segments continues to grow steadily. The business growth of traditional LEDs is supported by the active expansion of small-pitch LED customers. The lighting market is relatively stable, and the main growth points in the future will be the Mini LED and semiconductor sectors.
About technical difficulties
Xin Yichang said that there are three difficulties in moving from traditional LED to Mini LED:
LED display technology is developing in the direction of high density, extending from traditional small-pitch LED display to Mini LED, which puts forward higher requirements for the operating speed and accuracy of the die bonding machine;
Mini The miniaturization of LED size has led to an increase in the use of chips. While improving the efficiency of die-bonding equipment, it is necessary to ensure that die-bonding products maintain a high yield rate, thereby further placing higher requirements on the speed and stability of the core function of the die-bonding machine - the visual positioning detection function;
Mini LED technology currently still faces the problem of high R&D investment and production costs.
Among them, the cost of wafer testing, sorting and other links is relatively high, and it is still necessary to constantly seek new process methods to reduce production costs.
About earnings
On April 28, Xinyichang was listed on the Science and Technology Innovation Board. Xinyichang stated that its main products are LED packaging equipment, semiconductor packaging equipment, capacitor aging test equipment, and lithium battery equipment; its main customers include well-known companies such as Nationstar Optoelectronics, Dongshan Precision, Zhaochi Co., Ltd., Sanan Optoelectronics, Huatian Technology, Hongli Zhihui, Ruifeng Optoelectronics, Lehman Optoelectronics, Xiamen Xinda, Jingtai Co., Ltd.
Xinyichang estimates that the sales of Mini LED die-bonding machines and semiconductor die-bonding machines this year will be about 200 million each. In the future, as customers continue to switch from small-pitch LEDs to Mini LEDs, semiconductors will also gradually launch other equipment besides die-bonding machines. It is expected to maintain a growth of 30% to 50% in three to five years.
ANNA