1月22日， realme真我Neo8手机 正式 发布，产品首销价2399元起，国补到手价2039.15元 起。 图片来源： realme真我 屏幕方面，真我联合三星显示定制全新165Hz三星苍穹屏，采用M14旗舰发光材料。屏幕的手动 峰值亮度1000nit、全局峰值亮度1800nit、局部峰值亮度6500nit，支持3800nit阳光显示， 3800nit极限高亮度下仍能实现103%的P3超广色域覆盖。 据悉，为满足电竞需求，Neo8手机屏幕支持超30款热门游戏实现原生165Hz超高帧显示。同时， 手机还搭载定制妙感触控芯，支持3800Hz瞬时触控采样率；拥有全新绿野护眼技术，支持全亮度 DC调光、硬件级低蓝光、AI主动护眼技术等。 此外，Neo8手机搭载第五代骁龙8处理器、UFS 4.1+LPDDR5X、大气流冷锋散热系统、苍穹通 信系统、8000mAh电池等配置，并拥有新一代极客性能面板、新一代GT性能引擎等技术，全面满 足电竞需求。（集邦Display） TZ 不器研究中心 面板产业链市场供需及价格报告 面板价格"Plus"和市况更新月度报告 面板产业市况季度报告 . 面板价格预测月度报告 . 面板出 ...

1月22日，深交所披露了惠科IPO第二轮审核问询函的回复文件，公司毛利率、存货问题被提及。 鉴于显示面板等主要原材料采购周期相对较长，为保障订单交付的及时性及生产安排的连续性， 公司需根据生产计划对相关原材料进行提前备货，从而导致期末原材料金额保持在相对较高水 平。 库存商品方面，公司综合考虑客户需求及市场发展前景、自身产线产能规划、自有品牌业务的交 付要求、产品策略及战略性备货安排等因素，合理确定库存水平。 报告期各期末，公司库存商品期末在手订单覆盖情况良好，多数库存商品具备在手订单的支撑； 针对报告期内 IT面板毛利率变动与TV面板存在差异的原因 ，惠科表示，2022年、2023年、 2024年以及2025年1月-6月，公司IT面板的毛利率分别为16.53%、20.54%、17.68%和 18.75%，公司TV面板的毛利率分别为-15.10%、16.47%、18.88%和24.50%，IT面板毛利率 有所波动，TV面板毛利率持续上升，IT面板和TV面板毛利率变动趋势和变动幅度存在差异，主要 系公司IT面板与TV面板销售价格参考市场价格与客户协商确定，IT面板和TV面板的市场价格变动 趋势和变动幅度存在差异 ...

1月16日，中科投发集团 宣布， 由 公司 作为代建方承接的绵阳经开区OLED电子元器件产业园 项目（一期）建设任务 已 收官，正式交付使用方 。 项目计划总投资1.4亿元，建筑面积约1.2万平方米。建设内容包括一幢厂房、消防控制室、门卫 室以及厂区道路等配套设施， 由四川通潮精密科技有限公司（简称"通潮精密"）负责运营。 通潮精密副总经理王琨表示："项目主要是建成一条OLED产品清洗再生生产线，投产以后将为国 内的OLED手机客户提供CVD（化学气相沉积）产品的清洗再生，还有新品服务，可实现CVD核 心零部件的国产化。" 行业背景显示，薄膜沉积制程中的CVD（化学气相沉积）作为OLED关键制程之一，从设备到零部 件几乎完全依赖进口。 电极等关键零部件应用于CVD设备的反应腔体内部，对CVD工艺过程中的气流场、温度场有重要 影响，会直接影响上述设备使用的可靠性和稳定性，进而影响显示面板产品的性能及良率，属于 核心工艺零部件。 通潮精密表示，该项目投产后，产品覆盖G10.5代以下所有氧化物工艺产品的真空电极，进一步提 升公司的生产能力、技术水平和市场竞争力，为公司的长远发展奠定坚实基础。（集邦Display整 ...

站在2026年初，回望2025年，全球显示产业从单纯的规模竞争转向了更注重利润与控盘能力的价 值博弈。随着 面板 产能扩充周期的结束和行业集中度的进一步提升，供给端的调控对价格走势的 影响力显著增强。本文将回顾2025年面板价格波动的供需逻辑，并基于最新产业动态展望2026年 一季度的市场趋势。 2025年电视面板政策驱动与供给调控的博弈 电视面板作为产能消耗的主力，其价格走势在2025年呈现出明显的阶段性特征，上半年由需求和 政策驱动上涨，下半年受库存调整影响回调，年末在供给侧强力干预下企稳。 2025年上半年，市场需求表现强劲。第一季度，中国大陆市场"以旧换新"政策的实施有效激活了 终端需求，尤其是下沉市场的换机意愿明显提升。与此同时，大尺寸化趋势持续加速，消费者对 65英寸及75英寸以上产品的青睐，不仅消化了更多产能，也提振了面板厂的信心。 当时供应链端关于偏光片等关键材料可能短缺的传闻，进一步引发了品牌厂的预防性备货。这种 集中的采购需求赋予了面板厂较强的议价能力，推动各主流尺寸价格在第一季度普遍上涨。 进入第二季度后半段及第三季度，市场形势发生转变。随着"618"等促销节点结束，前期政策刺激 的边际 ...

Core Viewpoint - The company, Helitai, is forecasting a significant decline in net profit for the fiscal year 2025, projecting a profit of between 22 million to 33 million yuan, which represents a decrease of 98.55% to 97.83% compared to the previous year [1][2]. Financial Performance Summary - The projected net profit attributable to shareholders is between 22 million and 33 million yuan, a sharp decline from 151.92 million yuan in the same period last year [2]. - The net profit after deducting non-recurring gains is expected to be between 32 million and 48 million yuan, a recovery from a loss of 230.1 million yuan in the previous year [2]. - Basic earnings per share are projected to be between 0.0029 yuan and 0.0044 yuan, down from 0.20 yuan per share last year [2]. Reasons for Performance Changes - The company completed a restructuring in 2024, which involved a significant debt restructuring gain of 4.803 billion yuan, contributing to high non-recurring gains last year. This year, the absence of such gains has led to a substantial decrease in net profit [2]. - During the reporting period, the company underwent structural adjustments in its operations, focusing resources on the promising general display and electronic paper business segments. The demand for electronic paper applications has increased, leading to improved production efficiency and customer delivery capabilities, which positively impacted revenue and net profit [3]. Business Segments - Helitai's main business segments include general display and electronic paper, with products such as black and white display modules, color display modules, touch screen modules, and electronic paper display modules [3]. - For the first three quarters of 2025, the company reported total operating revenue of 1.259 billion yuan, an increase of 23.84% year-on-year, and a net profit attributable to shareholders of 17.81 million yuan, up 101.45% year-on-year [3].

1月21日，路维光电公告，拟定增募资不超13.8亿元，用于厦门路维光电高世代高精度掩膜版生 产基地项目（一期）、补充流动资金及偿还银行借款。 | 序号 | 募集资金投资项目 | 计划投资总额 | 拟使用募集资金 | | --- | --- | --- | --- | | | 厦门路维光电高世代高精度掩膜版生 产基地项目(一期) | 130,089.17 | 107.000.00 | | | 补充流动资金及偿还银行借款 | 31,000.00 | 31,000.00 | | | 合计 | 161,089.17 | 138,000.00 | 据悉， 掩膜版是微电子制造过程中的图形转移母版，是平板显示、半导体等行业生产制造过程中 关键材料。 公告显示， 本募集资金投资项目为"厦门路维光电高世代高精度掩膜版生产基地项目（一期）"， 建设单位和实施主体是厦门路维光电有限公司，主要建设内容为新建5条高精度平板显示掩膜版生 产线， 重点研发生产G8.6及以下AMOLED/LTPO/LTPS高精度光掩膜版 。 该项目 是对现有产品线在高精度、高世代方向的战略扩充与升级，建成达产后将为公司新增 1,813片高精度掩膜版的产能。 ...

Group 1 - The core viewpoint of the article is the strategic partnership between TCL and Sony in the home entertainment sector, aiming to establish a joint venture to take over Sony's home entertainment business [2][3]. - The new company will be owned 51% by TCL and 49% by Sony, focusing on television and home audio equipment, with plans to finalize the agreement by the end of March this year [3]. - TCL's television shipments surpassed 20 million units in 2019, and it is projected to become the second-largest TV brand globally by 2024, with an expected shipment of 31 million units and a market share of 15.7% by 2025 [3]. Group 2 - Sony's television shipments peaked at 21.5 million units in 2010, with a market share of 11.4%, but are expected to drop below 4 million units and a market share of 1.9% by 2025 due to competition from Chinese brands [3]. - The joint venture is expected to enhance supply chain integration, with TCL's subsidiary, TCL Huaxing, playing a crucial role in panel supply [4]. - Sony's production model currently relies on 45% in-house manufacturing and 55% outsourcing, with Foxconn handling about 80% of the outsourcing orders, but this is expected to shift towards TCL's manufacturing capabilities [4]. Group 3 - Historically, Japanese brands held nearly 40% of the global TV market share, but have been losing ground to Chinese brands, leading to companies like Toshiba and Panasonic exiting the TV business [6]. - The joint venture between TCL and Sony is anticipated to receive regulatory approval and officially launch by April 2027, further solidifying the dominance of Chinese brands in the global TV market [6].

Core Viewpoint - Skyworth Group announced a proposal to distribute shares of Skyworth Solar and apply for its listing, along with a share buyback plan to withdraw from the stock market, contingent on certain conditions being met [1][3]. Group 1: Share Distribution and Listing - The company plans to distribute its holdings in Skyworth Solar to all shareholders, with Skyworth Solar applying for a listing on the main board of the Hong Kong Stock Exchange [3]. - The completion of the share distribution, the listing of Skyworth Solar, and the share buyback will occur simultaneously or approximately on the same day [3]. Group 2: Share Buyback Plan - The share buyback plan involves the cancellation of planned shares, allowing shareholders to choose between receiving HKD 4.03 in cash per share or one new share [3]. - Skyworth Group has issued 634,536,832 planned shares, and if all shareholders opt for cash, the maximum cash payout would be approximately HKD 2.557 billion [3]. Group 3: Financial Performance - For the first three quarters of 2025, Skyworth Group reported revenue of CNY 36.26 billion, a year-on-year increase of 20.3%, while the net profit attributable to the parent company was CNY 125 million, a year-on-year decrease of 67.4% [4]. Group 4: Impact on Shareholding Structure - Following the proposed delisting of Skyworth Digital, the shareholding structure of Skyworth Group will change, but it will not affect the controlling shareholder or actual controllers of the company [4].

1月21日，三星显示宣布，将为吉利旗下高端电动汽车品牌极氪（Zeekr）旗舰SUV车型"9X"提供 三款定制化车载OLED显示屏，规格分别为16英寸中央信息显示屏（CID）、16英寸乘客信息显示 屏（PID）以及17英寸后排娱乐系统（RSE）。 具体看，驾驶员和乘客座椅上并排安装的16英寸CID和PID显示屏采用OLED标志性的超窄边框和 纯黑显示。两款屏幕支持独立操作，能够根据驾乘人员的个性化需求分别调用不同功能。 尤为引人注目的是17英寸RSE，该系统采用三星显示和极氪联合开发的"翼式滑动屏幕"。该设计 通过安装在车内左右两侧的滑轨调节屏幕位置，并可在第二排和第三排之间滑动最多88厘米的距 离，解决了现有固定式屏幕限制第三排乘客视野的问题。 ▶ 关于集邦 project 三星显示表示，自2024年首次为极氪的"009"车型提供汽车OLED显示屏以来，公司一直与极氪 保持着合作关系。极氪通过将9X的高性能驾驶系统与基于OLED技术的数字座舱深度融合，进一 步强化了品牌的高端市场定位。 三星显示汽车销售执行董事崔勇硕（音译）表示："车载OLED凭借其高亮度和纯正的黑色画质， 为高端出行体验锦上添花。三星显示将 ...

Core Viewpoint - In January 2026, TV panel prices are expected to rise, monitor panel prices remain stable, and laptop panel prices are projected to decline due to various market dynamics [1][3][6]. TV Panels - Despite the impact of rising memory and component prices, major TV brands are actively increasing inventory to gain market share, leading to a balanced supply-demand situation for TV panels [3]. - January is expected to see a price increase for TV panels, with specific sizes like 32-inch, 43-inch, 55-inch, and 65-inch projected to rise by $1 [3]. Monitor Panels - In January, although it is traditionally a slow season for LCD monitor panels, some brands are preemptively increasing orders to avoid higher future procurement costs due to ongoing price increases in components [4]. - The demand for LCD monitor panels is showing signs of improvement, with expectations for price increases in Open Cell panels, particularly for mainstream sizes like 23.8-inch IPS and 27-inch IPS, which are anticipated to rise by $0.1 to $0.2 [5]. Laptop Panels - January is typically a slow season for laptop demand, but rising memory prices are prompting brands to stock up on laptop panels to maximize shipments while they still have component inventory [6]. - Despite the increased demand, panel manufacturers are softening their pricing stance due to customer relationships and uncertainty in demand for the second quarter, with TN models expected to decrease by $0.1 and IPS models by $0.2 [6].