Alto Electronics: LED display industry competition will intensify

Alto Electronics said in the "Investor Relations Activity Record Form" disclosed on Tuesday (16th) that the company's LED display products are mainly for the high-end market, providing overall system solutions for these customers, and the company's products have a high reputation. The independent brand and strong technical advantages have higher added value.

In addition, it is also said that at present, the total number of enterprises in the LED display industry is large, and the scale, technical level, and management and management capabilities are uneven. In the future, competition in the industry will intensify and the profit level will be poor. Enterprises without technical advantages will gradually be eliminated by the market, and the concentration of the entire market will gradually increase, which is also conducive to the healthy development of the industry.

Alto Electronics' main business is the development, design, production, sales and corresponding professional services of LED display systems and electronic receipt systems.

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