The LED industry will launch a wave of listings in 2022, and both Micro LED factory Chenchuang and MiniLED equipment factory Shuttle have plans to go public in 2022.
Lite-On has increased its shareholding by 5 million U.S. dollars a few days ago. The number of shares in the transaction is 646,600 shares, with a unit value of 7.732 U.S. dollars. Based on the current exchange rate, each share is as high as NT$214.
With the advancement of Micro LED's massive transfer technology, Shuttle has imaginative space for future applications in AR and VR. And MiniLED has also entered the main promotion stage of demand because of the active introduction of major brands, and the new generation of LED stocks is expected to be promoted to the middle and high price group.
Shuttle has shipped 12,000 MiniLED sorting (Sorter) machines, and the new generation sorting machine sorts 18 chips per second. Affected by the epidemic last year, shipments fell to 2,000 units throughout the year, but this year the cumulative number has reached 4,000 units, thanks to Apple's introduction of MiniLED backlights.
Shuote held a law-speaking meeting last week. The top executives emphasized that Shuote is a "all-eat" in the sorting machine market. No matter where the LED chips come from, Shuote's sorting machine will be used.
According to Shuttle's statistics, the current revenue sources include royalties and equipment sales. The mainland market cooperates with Whitby. Therefore, the royalties of the sorting machines at the Whitaker Taichung plant and the installed capacity in mainland China are the two major sources of royalties.
Shuttle focuses on Pick & Place pick-and-place technology, which can be used to manufacture sorting machines (Sorter), bonding machines (Bonder) and other machine equipment. Application areas include LED/LD, semiconductors, optical glass components, etc. The company will also Stepping into semiconductor equipment, as the threshold for semiconductor competition has been raised, Shuttle has entered the capital market, becoming a milestone in the battle for the semiconductor industry.
However, Taichuang plans to send the documents to the competent authorities in February next year and list them on the innovation board. At present, it has not yet entered the profit-making stage, but the background of major shareholders and a strong lineup, coupled with the display of a series of Micro LED research and development results last week, has made breakthroughs in the massive transfer technology with high threshold, and there are substantial orders. To play down the color of Micro LED only to hear the sound of stairs, if it can successfully pass the barriers and list in 2022, it will be a rare pure Micro LED concept stock in the world.
