Core Viewpoint - Shenzhen LianDe Automation Equipment Co., Ltd. has become the first candidate for the bid of BOE's 8.6-generation AMOLED production line project, with a bid amount of 201,388,600 yuan (approximately 2.01 billion yuan) [2] Group 1: Company Achievements - The company has previously won a bid for the same project in June, amounting to 1.57 million yuan for an automatic laminating machine [2] - LianDe Equipment has a wide range of products including automatic laminating machines, binding machines, and polarizer attachment machines, all of which have been awarded contracts for the 8.6-generation AMOLED production line project [2][4] Group 2: Business Focus - The main business of LianDe Equipment includes the research, production, sales, and service of new semiconductor display intelligent equipment, automotive intelligent cockpit system equipment, semiconductor packaging and testing equipment, and new energy equipment [3] - The company has extensive layouts in TFT-LCD display, OLED display, and Mini/Micro LED new display fields, covering major production processes [4]

Core Viewpoint - Garmin has officially launched the Fenix 8 Pro Micro LED series, which is the world's first Micro LED smartwatch [2]. Group 1: Product Features - The Fenix 8 Pro features a Micro LED display supplied by AU Optronics, containing over 400,000 independent Micro LEDs, with a pixel density of 326 PPI and a maximum brightness of 4500 nits, making it the brightest smartwatch ever [5]. - Garmin has shipped over 200 million GPS devices globally and has accumulated over 60 million active sports users, indicating a strong market presence in the outdoor wearable products sector [5]. Group 2: Industry Collaboration - The collaboration between Garmin and AU Optronics is seen as a successful validation of the maturity and adaptability of AU Optronics' Micro LED technology [5]. - AU Optronics plans to continue deepening its Micro LED technology research and expand application scenarios in collaboration with more industry partners, aiming to upgrade the display industry towards higher image quality and better performance [5].

| | 建设项目名 南京京东方智能化、数字化技术改造项目(智能显示面板减薄工艺技 | | | | --- | --- | --- | --- | | 称 | | 术升级) | | | 项目代码 | | 2505-320193-89-02-949609 | | | 建设单位联 | | 联系方式 | | | 系人 | | | | | 建设地点 | 江苏省南京市南京经济技术开发区天佑路 7 号 | | | | 地理坐标 | (118 度 59 分 34.714 秒, 32 度 8 分 13.633 秒) | | | | 国民经济 | | 建设项目 | "三十六、计算机、通信和 其他电子设备制造业 39"中 | | 行业类别 | C3974 显示器件制造 | 行业类别 | "80 电子器件制造 397"中 | | | | | "显示器件制造" | | | □新建(迁建) | | 乙首次申报项目 □不予批准后再次申报项目 | | 建设性质 | □改建 | 建设项目 | | | | ■扩建 | 申报情形 | □超五年重新审核项目 | | | 乙技术改造 | | □重大变动重新报批项目 | | 项目审批 (核准/备 | 南 ...

Core Insights - Samsung Display showcased its in-car OLED innovations at the IAA Mobility 2025 exhibition in Munich, introducing the dedicated in-car display brand DRIVE™ to accelerate its business expansion in the future mobility sector [2][9]. Group 1: Product Innovations - The exhibition featured a variety of OLED solutions ranging from instrument panels to large roof displays, highlighting the design flexibility and high image quality of OLED technology, which enhances safety and adds new value to in-car spaces [4]. - Samsung Display demonstrated several products in the "digital cockpit" presentation, including a 10.25-inch retractable mobile instrument panel, a 34-inch integrated CID-PID co-driver display, an L-shaped curved center console display, and a 30-inch roof screen, catering to various driving scenarios [5]. - The Flex Magic Pixel™ technology was showcased, which limits the visibility of the co-driver's screen from the driver's side and can automatically switch between autonomous and manual driving modes using AI to improve driving safety [8]. Group 2: Competitive Advantages - Samsung Display set up a comparison experience between OLED and Mini LED, demonstrating OLED's advantages in design form, thickness, curvature, visibility in bright environments, nighttime contrast, and pure black display [8]. - To enhance customer response speed, Samsung launched an Off-The-Shelf (OTS) platform solution based on rigid OLED, offering a product range of seven specifications from 7 to 17 inches, which shortens development cycles and reduces costs [8]. - The "multi-layer lamination" technology was also demonstrated, allowing multiple small OLEDs to be seamlessly combined into a large screen, meeting the new demands of automakers for CID-PID and large center consoles [8]. Group 3: Brand and Market Positioning - The newly launched in-car OLED brand DRIVE™ represents five core values: Design Differentiation, Robustness, Intelligent Safety, Visual Excellence, and Expandability [8]. - The head of Samsung Display's small and medium-sized division stated that OLED is the most suitable digital platform for Software Defined Vehicles (SDV) and emphasized the company's commitment to leading the in-car OLED market through the new DRIVE™ brand and manufacturing advantages [9].

Core Insights - Device Co., Ltd has signed a supply contract worth 27 billion 18 million Korean Won (approximately 138 million RMB) with Xiamen Tianma Display Technology Co., Ltd for the supply of display manufacturing equipment [2][3] - The contract duration is from September 4, 2025, to May 30, 2026, with a total supply period of 268 days, and the contract amount accounts for 57.29% of Device's recent sales [3] Company Overview - Device, established in 2002 and headquartered in Pyeongtaek, Gyeonggi-do, South Korea, specializes in the research, development, manufacturing, and sales of core equipment for semiconductors and display panels [4] - The company, formerly known as Device ENG, went public on the Korean Exchange in 2010 and serves notable clients including Samsung, LG, SK Hynix, Tianma, and BOE [4] - In the semiconductor sector, Device primarily supplies fully automated FOUP/POD cleaning machines, single-wafer/slot wet etchers, supercritical drying systems, and wafer-level packaging coating and developing equipment [4] - In the display sector, Device mainly provides OLED evaporation FMM precision regeneration cleaning equipment, mask cleaning machines, and PFC dry cleaning machines [4] Industry Context - In addition to Device, Xiamen Tianma has also signed equipment supply contracts with other companies such as Viatron and AP Systems this year [5] - In June, AP Systems announced a contract with Xiamen Tianma for OLED equipment supply, with a delivery period from June 9, 2025, to May 20, 2026 [5] - In July, Viatron announced a contract with Xiamen Tianma for display manufacturing equipment worth 10 billion Korean Won, with a contract duration until December 5 [5]

Core Viewpoint - TCL Huaxing aims to become a global leader in display solutions, showcasing advanced display technologies at IFA 2025, focusing on pleasant display experiences, visual health, sustainability, and future possibilities [5][19]. Group 1: Advanced Display Technology - TCL Huaxing presented the world's thinnest a-Si LCD module for a 14" laptop, with a thickness of only 0.99mm and a weight of 99g, utilizing a 0.125mm thick glass substrate and advanced materials for an ultra-thin design [5][7]. - The ultra-thin laptop and portable display featuring this LCD module have a thickness of just 2.5mm, providing a striking visual impact and portability while maintaining excellent picture quality through unique HFS panel technology [5][6]. Group 2: Visual Health - The company introduced an ultra-low power 85" 8:9 art TV display, which features a paper-like POL with low reflection properties, effectively reducing eye strain and potential vision damage from screens [6][10]. - This display boasts a resolution of 4320×3840 and achieves an A-grade energy efficiency rating, consuming only one kilowatt-hour of electricity on average over three days, thanks to IGZO backplane technology and low-power driving algorithms [6][10]. Group 3: Printed OLED Solutions - TCL Huaxing is the only manufacturer globally to achieve mass production of printed OLEDs, showcasing various products including laptop displays and monitor displays at IFA 2025 [11]. - The WU 60Hz printed OLED laptop display (14") features a groundbreaking 1.5mm ultra-narrow bezel design, achieving a 92% screen-to-body ratio, with a total thickness of less than 14mm and a weight of only 1.2kg [11][13]. - The world's first 240Hz printed OLED laptop display (16") combines ultra-thin packaging and flexible display technology, redefining standards for high-end mobile office and entertainment experiences [11][15]. - The first oxide printed OLED laptop display (14") merges oxide and printed OLED technologies, offering faster response times and lower power consumption, aligning with green environmental principles [11][17]. Group 4: MNT Display Solutions - The 4K 120Hz printed OLED MNT display (27") delivers ultra-high-definition picture quality with stripe RGB pixel arrangement technology, ensuring precise image display and vibrant color accuracy [11][18]. - This display supports a wide color gamut compatible with Adobe, DCI-P3, and BT2020, providing rich and realistic colors while maintaining a 120Hz refresh rate for smooth transitions in dynamic scenes [11][18]. Group 5: Industry Impact - Through IFA 2025, TCL Huaxing has refreshed consumer perceptions of the semiconductor display industry and provided advanced display solutions for various electronic consumer brands [19]. - The company continues to innovate technologically to create exceptional display experiences that meet global consumer needs across different scenarios [19].

TCL华星 TCL华星在IFA 2025上展示了多款显示产品，范围涵盖LCD模组、电子纸以及多款OLED产品。 公司推出的全球最薄14英寸 a-Si LCD笔电模组厚度仅为0.99mm，重量99g。该模组采用 0.125mm厚度的玻璃基板，搭配金属中框、三合一光学膜材以及超薄导光板等部材打造。 9月5日，国际电子消费品展览会（IFA 2025）在德国柏林举办，展会主题为"展望未 来"（Imagine the Future）。作为全球历史最悠久的科技盛会之一，IFA 2025吸引了众多国内外 知名显示企业参展，包括TCL华星、惠科、海信、三星、联想、宏碁、努比亚、康盈等。 图片来源：TCL华星 TCL华星的超低功耗8:9艺术电视显示(85")采用带雾度及低反功能的类纸POL，可降低电子屏幕对 眼睛的刺激与视力损害。该产品解析度为4320×3840，屏幕通过IGZO背板技术及高穿材料方案实 现OC高穿透，并拥有低功耗、高亮度特性。同时，该屏支持静态画面10Hz超低刷新率，还能实现 10Hz与60Hz动态切换。 OLED产品端，TCL华星14英寸WU 60Hz印刷OLED笔电显示凭借1.5mm超窄边框设计实现92% ...

Group 1 - Pimax announced that its Dream Air and Dream Air SE headsets have reached an "exciting milestone" and plans to hold a special demonstration this month, although the specific date has not been disclosed [2] - The Dream Air headset is positioned as a flagship product, featuring eye-tracking support and HDR, with an automatic head strap adjustment, priced at 14,645 yuan [2] - The headset weighs less than 200 grams and is equipped with a single-eye resolution of 3840×3352, a 90Hz Micro OLED panel (supporting HDR), a 102-degree field of view, and automatic interpupillary distance adjustment [4] Group 2 - The upcoming TrendForce Display Industry Seminar will take place on October 30, 2025, at the JW Marriott Hotel in Shenzhen, featuring various presentations on display technologies [6][8] - The seminar will cover topics such as the commercialization of glass and silicon-based Micro LED technologies, opportunities and challenges in ultra-high-definition display development, and the current status and prospects of LED cinema screens [8] - Presentations will include insights from industry experts on the global LED display market, Micro LED technology advancements, and the industrial revolution in near-eye display technologies [8][9]

Core Viewpoint - TrendForce's latest panel price forecast for September indicates that prices for TV, monitor, and laptop panels remain stable [2][6]. TV Panels - As of September, TV brands are preparing for the year-end promotional season, which has led to stable procurement momentum for TV panels. Panel manufacturers have adopted a more proactive attitude towards production and shipment, alleviating the price decline pressure observed since the second quarter [5][6]. - The expected price trend for TV panels in September is anticipated to remain flat across the board [6]. Monitor Panels - Since entering the third quarter, demand for monitor panels has shown signs of weakness. However, due to most mainstream sizes being in a loss-making state, panel manufacturers have reduced production willingness, leading to a tight supply of mainstream FHD models. This has resulted in a unique situation where monitor panel prices are not easily rising despite the tight supply [8]. - The expectation for September is that monitor panel prices will continue to remain stable [8]. Laptop Panels - Demand for laptop panels has maintained a strong trend in the third quarter. Brand clients are actively placing orders to secure favorable pricing from panel manufacturers amid ongoing competition for customer orders [9]. - Despite strong demand, the competitive pressure has made it difficult for manufacturers to raise prices, leading to an expectation that laptop panel prices will also remain stable in September [9].

Core Viewpoint - The Mini LED backlight television market is experiencing significant growth, with a projected shipment increase of 50% to 11.56 million units this year, driven by rising consumer demand and government subsidies for energy-efficient products [2]. Group 1: Market Overview - The Mini LED backlight television has become a popular choice in the TV market, supported by energy-saving standards that qualify for subsidies [2]. - The competitive landscape is intensifying, with major brands like TCL, Hisense, and Xiaomi actively promoting Mini LED products amid ongoing trade-in policies [6]. - A total of 43 new Mini LED products are expected to launch in 2025, indicating a robust market entry by various manufacturers [6]. Group 2: Company Developments - The company ZhiMi has entered the Mini LED television market, launching products such as the Aura V3000 Mini LED TV and X1 Ultra monitor [3][4]. - ZhiMi aims to leverage its existing user base and sales network, which includes 6,000 offline channels across over 100 countries, to support the promotion of its Mini LED televisions [4][10]. - The company has diversified its product offerings beyond cleaning appliances to include televisions, refrigerators, and other smart home devices, indicating a strategic move towards creating a comprehensive smart home ecosystem [4][10]. Group 3: Competitive Challenges - ZhiMi faces significant competition from established brands in the Mini LED television market, which may pose challenges in gaining market share [10]. - The maturity of the market suggests that consumer awareness is high, and ZhiMi must differentiate its products to attract attention [10]. - The simultaneous expansion into multiple product categories raises questions about ZhiMi's resource allocation and strategic focus [10].