Core Viewpoint - Xiaomi has launched several significant products during its 15th anniversary event, including its first SUV model YU7, the Xiaomi 15S Pro smartphone, Pad 7 Ultra tablet, and the S Mini LED 2025 series television, showcasing advancements in technology and design [1][2]. Group 1: Xiaomi YU7 SUV - The Xiaomi YU7 is positioned as a luxury high-performance SUV with three versions: YU7 (long-range rear-wheel drive), YU7 Pro (long-range all-wheel drive), and YU7 Max (high-performance all-wheel drive) [2]. - All versions of YU7 support an 800V silicon carbide high-voltage platform, with specific pricing to be announced in July [2]. Group 2: Xiaomi HyperVision Display - The YU7 features the Xiaomi HyperVision panoramic display, which utilizes PHUD technology with three Mini LED screens to project information onto the windshield [4]. - The HyperVision display offers a 1.1m ultra-wide view, 108 PPD ultra-retina level clarity, peak brightness of 1200 nits, and 903-zone local dimming [6]. - The display is designed to provide driving information for the driver and entertainment for the passenger, with the ability to show blind spot images during turns [6]. Group 3: Xiaomi 15S Pro Smartphone and Pad 7 Ultra - The Xiaomi 15S Pro smartphone features a 6.73-inch OLED display with a resolution of 3200*1440, supporting a refresh rate of 1-120Hz and a peak brightness of 1800 nits [8]. - The smartphone is equipped with a Leica Summilux triple-camera system and a 6100mAh battery with 90W fast charging capabilities [8]. - The Pad 7 Ultra is Xiaomi's first OLED tablet, featuring a 14-inch OLED screen with a resolution of 3200*2136 and a peak brightness of 1600 nits [10]. - Both devices utilize Xiaomi's self-developed O1 processor, built on TSMC's 3nm process technology [11]. Group 4: S Mini LED 2025 Series Television - The S Mini LED 2025 series television starts at a price of 2999 yuan, with a promotional price of 2399.2 yuan after subsidies [13]. - The series includes various sizes, with peak brightness reaching 1700 nits and support for 4K 144Hz display [14]. - The television features a low-reflection screen and advanced optical film design, enhancing the viewing experience [14].

Core Viewpoint - Raontech has developed a new 0.24-inch LCoS microdisplay, the P24, with a resolution of 1440x1440 (2.5K), aimed at enhancing the capabilities of smart glasses in both low and high-resolution markets [1][3][4]. Group 1: Product Development - The P24 microdisplay features a pixel count increase from 1 million to 2 million, achieving a resolution of 1440x1440 [3]. - The pixel size has been reduced from 4μm to 3μm, resulting in a high pixel density of 8500 PPI, allowing for high-resolution display in a compact size [3][4]. - Raontech is expanding its product portfolio to include LCoS, OLEDoS, and LEDoS technologies, indicating a broader strategy in microdisplay technology [3][4]. Group 2: Market Positioning - The P24 is particularly suited for high-end AR smart glasses, which require higher resolution displays for a field of view exceeding 70 degrees [4]. - Current prototypes of smart glasses typically use microdisplays with around 300,000 pixels, suitable for simple information display within a 20-30 degree field of view [3][4]. - Raontech's advancements position the P24 as a potential new standard for next-generation AR glasses due to its high resolution, small size, and low power consumption [4].

【WitsView整理】 5月21日，京东方 在 投资者关系活动上透露LCD、AMOLED业务的最新进 展。 资料显示， 京东方成都 项目总投资630亿元人民币，设计产能为每月3.2万片玻璃基板，基板尺 寸为2290mm x 2620mm。该产线主要聚焦中尺寸AMOLED面板，用于中高端笔记本电脑、平板 电脑等IT类产品，同时也具备生产柔性OLED智能手机面板的能力。 值得注意的是， 目前，京东方已在成都、重庆、绵阳投建了三条第6代柔性AMOLED生产线，再 加上国内首条第8.6代AMOLED生产线的投建，未来将运行4条AMOLED生产线。 关于财务方面， 京东方 披露 公司 2024年折旧总额约为380亿元，其中北京、合肥、重庆、福州 四条8.5代LCD生产线已全部完成折旧，同时B7、B11、B12三条OLED产线也完成转固。随着新 产线的陆续投运和部分产线折旧到期，公司预计今年折旧将达到峰值，并将持续优化产线布局，提 升盈利能力。 在资本支出方面，京东方表示，LCD生产线已从快速扩张期过渡至成熟期，未来资本开支将更加 聚焦于战略方向。"屏之物联"战略将成为主要引导，公司将围绕半导体显示核心业务，延伸价值 ...

TrendForce集邦咨询旗下光电研究处。研究领域包括MicroLED、MiniLED、照明、显示屏、紫外线（UV LED）、红外线 (IR LED/VCSEL)、化合物半导体等，提供以上各领域的产业研究报告及资讯。 小米即将在 5月22日晚7点举办的15周年战略新品发布会上，正式发布旗下首款SUV车型YU7。 以下文章来源于LEDinside ，作者Irving LEDinside . 图片来源：小米汽车 而在发布会的前一天，小米汽车官方发布了视频，重点介绍了YU7将搭载小米天际屏全景显示— Xiaomi HyperVision，这是一款在YU7车辆前挡风玻璃下沿配备的显示技术，横向贯穿整个 挡风 玻璃，以支持显示更多的信息内容。 图片来源：小米汽车 YU7采用天际屏全景显示屏取代了物理仪表盘，可让用户以更安全的方式了解到更多车况与道路信 息，同时保持对道路实际情况的关注。 据相关媒体透露，与其他车型搭载的远端屏不同， YU7的天际屏或采用了 PHUD 成像技术，采用 大面积投影的方式，将显示内容与前挡风玻璃更好地融合，减少了视觉干扰。除此之外，小米YU7 仍在中控位置保留一块悬浮触控屏，与天际屏共同打造 ...

5月20日，2025年台北国际电脑展（COMPUTEX 2025）开幕。本届展会以"AI Next"为核心主 题，聚焦人工智能（AI）技术的创新与应用吸引了近1400家展商参与，一些 显示及终端设备企业 也在该展会亮相。 图片来源：惠科 HKC还推出超高刷OLED AI电竞显示器——GS27UK。该显示器搭载了AI-PQ电竞功能，结合 QD-OLED至臻显示屏，能够还原真实的色彩，且具有0.03ms的响应时间，极大地减少了延迟与 动态模糊现象。此外，还支持双模变频显示，可在4K 240Hz和FHD 320Hz双模式下自由切换， 满足不同游戏场景的需求。 其中，天马微电子、惠科、三星显示、茂佳、华硕、康冠、微星、宏碁、七彩虹、微步信息等带来 了旗下最新显示产品。 惠科 面对电竞、专业创作、移动生态等多场景应用需求，惠科在 COMPUTEX 2025 上展示了多款高 性能显示器产品。 惠科推出的全球首款750Hz高刷新率专业电竞显示器——ANT257PF，产品拥有750Hz巅峰刷新 率和1ms的响应时间，还拥有95% DCI-P3色域和HDR 400认证，满足电竞需求。 图片来源：惠科 HKC还展出了拥有万级分区 ...

Core Viewpoint - The company is making significant progress in its overseas production base in Vietnam, which is expected to achieve mass production by Q3 this year, enhancing its global supply chain and manufacturing capabilities [1]. Group 1: Strategic Expansion - The Vietnam project is a key part of the company's "strategic layout + technological layout" dual-driven strategy, with subsidiaries established in Hong Kong, Japan, and other regions, covering markets in China, Europe, the US, Japan, South Korea, and Southeast Asia [1]. - The global supply network has effectively improved the company's risk resistance and customer service efficiency in international markets [1]. Group 2: Technological Advancements - The company is actively expanding its technology portfolio in response to the rapid development of AI technologies, focusing on integrated touch, 3D display, dynamic privacy protection, and low-power display technologies [3]. - The company sees significant growth potential in Mini LED technology and has launched several products in automotive, gaming, and laptop sectors, while also expanding applications in medical and gaming markets [3]. - The company maintains industry leadership in dynamic privacy protection displays, with its laptop products holding a leading market share in the global high-end business sector, and has extended this technology to mobile phones, automotive, and medical applications [3]. - The company is also increasing its investment in electronic paper display technology, which is gaining traction in various fields due to its low power consumption and environmental benefits [3]. Group 3: Market Outlook and Financial Performance - The company has established a complete R&D and service system in the automotive display sector, collaborating with several leading domestic and international automotive manufacturers and Tier 1 suppliers [4]. - The company anticipates that the small and medium-sized display panel market is in a recovery phase, driven by the acceleration of AI applications and increased demand for high-end products like gaming laptops [4]. - Despite a projected revenue decline of 9.77% to 3.413 billion yuan in 2024, the net profit attributable to shareholders is expected to improve by 31.64%, indicating a recovery in profitability through product optimization and efficiency improvements [4]. - The company plans to continue focusing on emerging technologies, overseas expansion, and customized services to build a strong competitive moat [4].

Core Viewpoint - Recent financing activities in the display technology sector highlight the growth potential of Micro LED technology and new display materials, with companies like Digital Light Chip and Wenshin Technology making significant advancements in their respective fields [1][5]. Group 1: Digital Light Chip - Digital Light Chip has completed a multi-million RMB A+ round financing led by Guangdong Hengqin Shenhe Industrial Investment, with participation from several other investment firms. The funds will be used for ongoing chip R&D, team expansion, and internal restructuring [2]. - The company, established in 2019, specializes in silicon-based micro-display driver chip design, with applications in large screen projection, near-eye projection, automotive projection, and AI projection [2]. - Digital Light Chip has launched a 0.12-inch 480P Micro LED driver solution for AR glasses, which has been adopted by clients across the Micro LED packaging industry, with some achieving mass production in 2024 [2]. - In automotive lighting, the company has developed a digital headlight chip and is working on additional products such as dynamic welcome lights and HUDs [3]. - The company has also made a technological breakthrough with the global launch of a 4K Micro LED projection chip and the world's first 4K Micro LED projector prototype [4]. Group 2: Wenshin Technology - Wenshin Technology has announced the completion of nearly 100 million RMB in B+ round financing, with investors including KIP Capital and Yunjiu Capital [5]. - Founded in October 2019, Wenshin Technology focuses on the R&D of photosensitive organic materials, which are primarily used in new displays and advanced semiconductor packaging [8]. - The company has established production bases in Shanghai and Quzhou, with an annual production capacity of 8,000 tons expected after the completion of its Shanghai Phase II factory [8]. - The recent financing will be utilized to enhance R&D investment, improve product competitiveness, and expand market share, solidifying the company's leading position in the photosensitive organic materials sector [8].

Core Viewpoint - The panel prices in May are expected to remain stable, with varying trends across different segments such as TV, monitor, and laptop panels [1][5]. TV Panels - Demand for TV panels has weakened in May, leading brand customers to adjust orders and negotiate for price reductions to offset rising costs from tariffs [2]. - Panel manufacturers are implementing capacity adjustments to stabilize prices, anticipating ongoing negotiations between buyers and sellers [2]. Monitor Panels - Monitor panel prices are expected to rise due to the ongoing tariff issues, with brand customers increasing inventory ahead of a three-month tariff exemption expiration [3]. - Specific price forecasts for May include an increase of $0.2 for Open Cell panels and $0.1 for 21.5-inch and 27-inch modules, with a $0.2 increase for the 23.8-inch panels due to strong demand [3]. Laptop Panels - Despite ongoing tariff discussions, urgent orders from some brand customers have emerged, but overall demand remains stable and is not expected to fluctuate significantly [4]. - Manufacturers are cautious about raising prices due to uncertainties surrounding tariff policies and potential cost increases from relocating production, prioritizing stable relationships with clients [4].

Core Viewpoint - The display panel prices remain relatively stable despite the off-season, driven by preemptive orders from brand manufacturers ahead of tariff implementations, leading to a continuous price increase and positively impacting the performance of companies like Innolux and AU Optronics [1][2]. Group 1: Market Dynamics - The global market for display panels experienced a year-over-year growth of 2% in the first quarter, despite being a traditional off-season, indicating a wave of preemptive consumption due to tariff issues [1]. - The "old-for-new" subsidy policy in mainland China has further stimulated the market, with IT panel demand also increasing this year [1]. - The upcoming demand for low-power devices is expected to be driven by new CPU and GPU launches, as well as the Taipei International Computer Show (COMPUTEX) [1]. Group 2: Company Performance - Innolux reported that its orders exceeded expectations this season due to urgent orders from clients responding to tariff concerns [1]. - AU Optronics anticipates stable shipment volumes in non-display areas compared to the previous season, with commercial displays expected to see low single-digit percentage growth [1].

图片来源：小米 另外，小米平板7 Ultra首发搭载玄戒O1，这颗芯片基于台积电第二代3nm工艺打造，集成了190 亿个晶体管，其CPU采用10核心设计，单核成绩超过3000分，多核成绩超过9000分，综合性能 媲美高通骁龙8至尊版。 #平板电脑 #小米 #OLED 【 快科技 】 5月20日， 小米集团总裁卢伟冰发文表示，全新小米平板7 Ultra不只是小米平板的 一个新系列，更是Ultra平板的标杆。 如何才算得上Ultra平板？必须是大尺寸OLED顶规屏幕，必须有超强旗舰性能，必须有超大的 电池规格，更好的快充，必须有堪称惊艳的设计质感，满足这些体验的同时，还必须要做到极 致轻薄、精致优雅的设计。 小米平板7 Ultra搭载玄戒O1旗舰芯，有着14英寸OLED大屏，性能、视觉、体验，全面拉满， 真正开始全面对标全尺寸、最高端的iPad Pro 。 根据官方公布的数据，小米平板7 Ultra拥有3.95mm超窄边框，薄至5.1mm，内置12000mAh电 池，还有专属的镁合金材质悬浮键盘以及手写笔。 此图片来自微信公众平台 士以為ケア司司 ▶ 关于集邦 ...