The data shows that most companies in packaging companies have improved their profitability to varying degrees. In terms of LED business alone, Mulinsen’s operating income was as high as 5.52 billion and net profit was also 473 million. However, the shrinkage of the number of enterprises in the packaging industry is obvious. The data shows that by 2020 only about 500 packaging companies will remain. In 2017, Mullinson initiated the first round of price increase. As the downstream applications of LED continue to expand and the market penetration rate gradually increases, the expansion of mid-stream packaging plant expansion and the expansion of downstream application demand, it is expected that the price increase will continue, but high Value-added products will bring a certain amount of incremental space.
