Unilumin Topped the List by Revenue
SHENZHEN, China, May 9, 2024 /PRNewswire/ -- In its 20th
anniversary year, Unilumin recorded remarkable business
performance. It achieved a revenue of RMB
7.41 billion (+4.73% YoY), and a net profit of RMB 144 million (+127.06% YoY). On profitability,
with an improvement in the gross margins of both domestic and
overseas business, Unilumin's overall gross margin increased by 2%
to 28.8%. On a revenue scale basis (LED video wall business alone),
Unilumin won the title.
Unilumin Steadily Takes the Lead in LED Video Wall Industry
through Comprehensive Development
In retrospect, this is surely not its first time to hold the top
position in industry. For instance, regarding product shipment by
LED video wall area, the company has consistently ranked first
among public companies for 5 consecutive years since 2019, and so
did its performance in overseas revenue.
Unilumin, listed in 2011, witnessed revenue scale to steadily
and dramatically increase from RMB 600
million in 2012 to RMB 7.2
billion in 2021, which hit a new record high in 2023. Behind
this accomplishment lie two competences: technology & scenarios
development, brand & channel deployment.
Technology & Scenarios Development
Based on forward-looking planning and innovative investments,
Unilumin has established an industry chain from package and module
to video wall, achieving breakthroughs in COB and MIP technologies.
In addition, it has developed a full range of Mini/Micro LED
products covering P0.3 to P1.8 and achieved mass production.
Brand & Channel Deployment
Presently, Unilumin boasts three brands: ROE, Unilumin, and
LAMPRO. Based on their unique market positioning, three brands have
all penetrated various LED video wall segments. Unilumin's
marketing network now spans over 160 countries, with more than
5,400 cooperating distributors and over 20 overseas subsidiaries
and offices.
Unilumin has the Potential to Continually Reign over the LED
Video Wall Industry
Unilumin has the potential to successfully hold its position,
which can find expression in the company's overall strategic
development. Unilumin was the first to propose 'Metasight' concept
in the industry, facilitating the integrated development of LED
display and LED lighting. On advanced LED technologies,
Unilumin has conducted R&D work on COG and silicon-based Micro
LED technologies, paving the way for its entry into the To C
market.
Overall, if Unilumin continues to hold all the trumps, it has
the potential to keep reigning over industry.
Please visit: https://www.unilumin.com/
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