This disclosure provides a light-emitting
diode (LED) and its fabrication method, a light-emitting panel, and a
display device. The LED includes: a first
semiconductor layer; a plurality of columnar structures separated from each other and located on one side of the first
semiconductor layer, each columnar structure including at least an
active layer, a second
semiconductor layer, and an
auxiliary electrode layer stacked sequentially, with trenches between adjacent columnar structures; a
dielectric layer located between any two columnar structures, the distance between the surface of the
dielectric layer facing away from the first semiconductor layer and the first semiconductor layer being greater than the distance between the surface of the
active layer facing away from the first semiconductor layer and the first semiconductor layer; a first
electrode located on the side of the
dielectric layer and columnar structures facing away from the first semiconductor layer, the
auxiliary electrode layers in each columnar structure being coupled to each other through the first
electrode; and a second
electrode coupled to the first semiconductor layer. This disclosure avoids short circuits in the active
layers of different columnar structures, improving product yield.