LED downstream application market demand is strong, especially the development of LED lighting spurt, which has driven the rapid development of LED packaging market. Since the beginning of this year, not only domestic LED packaging manufacturers have used chip localization, but domestic LED application companies have also received a large number of cost-effective domestic devices, which has greatly stimulated the demand for the packaging market. In the situation of both supply and marketing, in order to avoid the shortage of chips, packaging companies have signed supply and demand agreements with chip companies to ensure sufficient and stable supply, and at the same time obtain higher cost performance chips. Among them, Hongli, Jufei and Guoxing signed a strategic cooperation agreement with Sanan Optoelectronics, and planned to purchase 730 million yuan of LED chips from Sanan Optoelectronics within one year. In addition, Mulinsen and Aoyang Shunchang signed a purchase of 400 million yuan for two years. Chip contract, Changfang Semiconductor and Suzhou Xinnajing signed a 52.26 million chip purchase contract.
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