Luxshare Precision: Will become a new supplier of mini LED SMT

Recently, a news detonated the stock price of Luxshare Precision, according to Tianfeng International analyst Guo Mingqi in the latest research report. Luxshare Precision will become the new supplier of mini LED SMT.

It is estimated that Luxshare Precision will account for 15%~25% and 45%~50% of SMT supply from the fourth quarter of 2021 to 2022. Obviously, Luxshare Precision will become the biggest winner of the new supplier.

There was news before that Apple was working hard to find new suppliers. To meet Apple's demand for mini LED backlight technology for the 12.9-inch iPad pro and MacBook pro.

Previously, Taiwan Watch was the main supplier of Apple’s mini LED backlight. However, due to the low yield of the SMT process, Apple started looking for new suppliers a few months ago. In the end, Luxshare Precision was settled this time. It is estimated that this year’s shipment of Apple’s mini LED iPad Pro is expected to reach more than 5 million units.