Konka has closely aligned its “Technology + Industry + High-Tech Zone” development strategy to the goal of shifting toward semiconductor, new consumer electronics, and high-tech zone markets through reforms, transformation and upgrading.

Konka’s semiconductor business mainly comprises storage and optoelectronic products. Specifically, it specializes in the design and marketing of storage main control chips as well as packaging and testing of storage-related products. Regarding the optoelectronic sector, the company focuses on the R&D of Micro LED products.

On August 31, Konka revealed on an investor interaction platform that it has established a whole-process Micro LED R&D and production line for products applied to wearables, including an ultra-fine pitch Micro LED microchip screen, flexible Micro LED display, and 8K Micro LED commercial monitor. Additionally, Konka’s hybrid mass transfer technology has largely improved mass transfer efficiency and product yield.

Presently, Konka has accomplished a trial run of Micro LED chips in small batches and that of Mini LED chips in small and medium batches.

In 1H21, Konka generated 21.81 billion yuan ($3.3 billion) in operating revenue with a YoY growth rate of 24.46%, to which the semiconductor contributed 242 million yuan ($37 million). Despite the small share of only 1.11%, Konka’s semiconductor business revenue grew by 8.10% compared to the same period last year.

As Konka reported, “The semiconductor business is characterized by considerable R&D investments and uncertainties. Therefore, we will further expand our business to the storage, optoelectronic, and semiconductor application sectors as well as related services, strive for Micro LED technical breakthroughs, and apply the breakthroughs to actual production as soon as possible.”

(Summarized by LEDinside)