LED industry market conditions have taken a sharp turn for the second half of this year. Most LED factories have experienced double-digit recession in the third quarter compared with the previous quarter. The industry leader Fucai Investment Control's profit and loss in the third quarter is still in settlement, but the market conditions in the fourth quarter seem to decline again. Fucai said that this is a short-term phenomenon caused by overall industrial supply and demand, and will only see a significant rebound in the second quarter next year.
listed companies have recently released their third quarter financial reports. The consolidated revenue of LED factories in the third quarter has almost reached the lowest level in a single quarter this year. LED operators said that the operating pressure in the third quarter is indeed very high, and LED factories that are expected to lose money in a single quarter will increase compared with the previous quarter.
Fucai said that the profit and loss in the third quarter are still settled. Judging from the overall rise and fall of the LED industry, revenue in the fourth quarter will not be better than in the third quarter. The industry will not see a positive result in the first quarter of next year, and it will not see a significant rebound in the second quarter of next year.

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Taiwan LED factory operations have performed poorly this year. Fucai pointed out that the overall market decline in the industry is mainly due to the cooling demand for consumer products. The company emphasized that it is still optimistic about the medium- and long-term prospects of MiniLED in the future. This year, major TV brands have successively launched MiniLED products this year. In the future, MiniLED will still be an important engine to drive the LED industry.
Global sales of large-size and high-end TVs this year are not good. It is observed that since the fourth quarter of last year, global panel prices have fallen for a year, and it has not rebounded for the first time since the recent quotations have fallen for five consecutive quarters. However, LED industry players said that even under poor market conditions, major brands around the world continue to launch MiniLED large-size TVs in the high-end TV market this year, which was previously stuck before demand rebounded.
Currently, Fucai's MiniLED has also entered the VR device supply chain of world-renowned brands, but the current global VR shipments are still in the early stage of rising. It is expected that after the industry rebounds next year, the shipment of MiniLED will still be mainly large-size TVs. (Source: Taiwan Economic Daily) Please mark the source when reprinting
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