Core Viewpoint - Jiangsu Gaoguang Semiconductor Materials Co., Ltd. has announced the arrival of the first core equipment for China's first 8.6-generation AMOLED metal mask production line in the Jiangsu Zhenjiang Jurong Economic Development Zone [1] Company Overview - Jiangsu Gaoguang is a wholly-owned subsidiary of Nanjing Gaoguang Semiconductor Materials Co., Ltd., focusing on the R&D and production of AMOLED metal masks [3] - The company can produce various sizes of metal masks for G2.5 to G6 generation lines, widely used in mobile phones, automotive, wearable devices, and TVs, and has already achieved mass supply to major domestic panel manufacturers [3] Project Details - The AMOLED metal mask project was initiated in 2022 with a total investment of 380 million yuan, divided into two phases. Upon reaching full production, it will have an annual capacity of 5,000 standard AMOLED metal masks, 1,500 flexible AMOLED metal masks, 3,000 AMOLED evaporation metal masks, 6,000 cleaning units, 10,000 precision components, and 240,000 precision component cleaning units [3] - In January 2025, Jiangsu Gaoguang plans to invest 460 million yuan to develop the industrialization of G8.6 generation AMOLED general metal masks and high-precision metal masks, without requiring additional land [3][4] Production Timeline - The main equipment for the first phase of the project is expected to be moved in during the second quarter of 2025, with the goal of advancing product sample verification by the fourth quarter of 2025 [4] Industry Competition - Huangshi Quanyang Optoelectronics is also constructing an 8.6-generation metal mask project, with a total investment of 500 million yuan, planned in two phases. The first phase is expected to be completed by June 2026, with an estimated annual output value of 300 million yuan upon reaching full production [5] - The largest shareholder of Huangshi Quanyang, Huancai Star Technology, has already achieved trial production of 8.6-generation OLED metal mask products in December 2024 [5]

Core Viewpoint - The OLED monitor market is experiencing rapid growth, with significant increases in shipment volumes expected in 2025, driven by new product launches from various brands [1]. Industry Overview - TrendForce's research indicates that OLED monitor shipments are projected to reach approximately 507,000 units in Q1 2025, representing a year-on-year increase of 175%. By Q2 2025, shipments are expected to rise to 650,000 units, with an annual growth rate of 81%, leading to a total of 2.58 million units for the year [1]. Market Share Analysis - Samsung leads the OLED monitor market with a 22.4% market share, primarily driven by its 49-inch product line, which accounts for 40% of its shipments. The 27-inch UHD products are expected to become the highest-selling category for Samsung in Q2 [2][3]. - ASUS has climbed to the second position with a market share of 21.6%, closing the gap with Samsung to less than one percentage point. ASUS has invested heavily in OLED technology and diversified its product offerings, including portable dual-screen monitors [2][4]. - MSI holds the third position with a 14% market share, benefiting from a strong performance in 2024, where it achieved a 63% year-on-year growth in overall monitor shipments and a staggering 36-fold increase in OLED shipments [2][5]. - LGE ranks fourth with a 13% market share, boosted by the launch of its 45-inch WUHD model. However, it is expected to lag behind competitors due to a lack of focus on the popular 27-inch UHD segment [2][6]. - Dell occupies the fifth position with an 11% market share, with expectations of growth driven by the introduction of new 27-inch UHD and 31.5-inch 120Hz models aimed at the business market [2][7].

Core Viewpoint - The article highlights the significant advancements and investments made by Huike in the semiconductor display industry, particularly focusing on the production of various display technologies and products, including electronic paper and Mini LED displays. Group 1: Project Developments - On May 7, Huike's production base for the display industry cluster in Guizhou officially commenced operations after five months of construction, with an initial investment of 3.33 billion yuan, expected to generate an annual output value of no less than 4 billion yuan once fully operational [1]. - Huike signed a joint development agreement with E Ink Holdings on April 8, focusing on the research and mass production of large-size electronic paper, with plans to establish a production base in Guizhou [2]. - On March 21, Huike launched its seventh complete machine production base in Zhengzhou, with an investment of approximately 3 billion yuan and an expected annual output value of 8 billion yuan [3]. Group 2: Product Innovations - In February, Huike initiated Mini LED-related projects in Liuyang and Mianyang with total investments of 9 billion yuan and 5 billion yuan, respectively [4]. - On April 29, Huike introduced the world's first 116-inch Mini LED giant display screen, utilizing G8.6 generation line manufacturing and MMG cutting technology, achieving a glass substrate utilization rate of 94% [4]. - Huike launched its first AI lightweight laptop, the Jinghong 14AI, on April 25, marking its entry into the PC market, with a starting price of 5,199 yuan [4].

Core Viewpoint - LG Display is set to showcase innovative automotive display technologies at the SID Display Week 2025, focusing on solutions for electric and high-tech vehicles [1]. Group 1: Key Product Features - The "Driving the Future" stretchable automotive display can expand to 150% of its original size without losing resolution or color fidelity, maintaining 100 pixels per inch (ppi) and full RGB color quality [3]. - This display allows touch buttons to protrude, enabling easy operation while driving, and aims to integrate the functions of separate automotive displays and physical buttons into a single unit [3]. - LG Display is also developing a display with a switchable privacy mode, allowing front passengers to view content without the driver being distracted [3]. Group 2: Additional Innovations - LG Display will present a 57-inch "Pillar-to-Pillar" OLED screen, the largest in its category, spanning the entire width of the dashboard, with a confirmed supply of a 40-inch version to automotive manufacturers [3]. - The company is working on an 18-inch retractable OLED display for rear-seat entertainment, which can be stored in the roof when not in use and maintains clarity and performance in extreme temperatures ranging from -40°C to 85°C [4].

法人看好，苹果iPhone 17 Air将是今年最受瞩目的机种款式，联咏将随着客户新机发售出货量能逐 步放大，将有助其下半年业绩表现。 #联咏 #显示驱动 #OLEDTDDI 【 巨亨网 】 联咏继去年首度将OLED驱动IC导入苹果新机外，市场传出，联咏OLED TDDI进一 步获苹果验证并导入下世代iPhone 17 Air系列，中国手机品牌业者如小米也预计采用，该产品预计 本季开始小量投产。 联咏对此回应，OLED TDDI预计第二季进入量产，一切皆按计划进行。 据了解，联咏OLED TDDI采用联电22纳米高压制程，直接比肩三星System LSI，相关供应链如旺硅、颀邦、南茂都可 望进补。 图片来源：联咏 业界传出，苹果iPhone 17将推出更轻、更薄的大改款Air系列，并延续OLED屏幕，而OLED TDDI 因可整合触控IC与驱动IC，大幅减少板子上的使用空间，进而实现更薄的机身，让iPhone 17 Air最 厚的机身部分等于iPhone 16 Pro最薄的部分。 据了解，苹果长期以来对韩系面板厂采用自家IC方案的绑售策略相当敏感，期望透过分散供货商 模式来进行管理，因此先前即要求联咏代替LG ...

Core Viewpoint - The announcement by Jilin Aolide Optoelectronic Materials Co., Ltd. regarding a significant contract signed by its wholly-owned subsidiary, Shanghai Shengxi Optoelectronics Technology Co., Ltd., with Chengdu BOE Display Technology Co., Ltd. is expected to enhance the company's operational performance and brand influence in the 8.6-generation evaporation source market [1]. Group 1 - The contract amount for the supply of linear evaporation sources is 655,400,000.00 yuan [1]. - The contract is anticipated to positively impact the company's performance in the fiscal years 2025 and 2026, although there may be delays in revenue recognition [1]. - Chengdu BOE was established in 2022 and is primarily owned by BOE Technology Group Co., Ltd., focusing on technology services and manufacturing of display devices [1]. Group 2 - Shengxi Optoelectronics, founded in 2015, specializes in high-generation AMOLED evaporation source systems, significantly improving production yield from single digits to over 90% [2]. - Aolide's main business includes the research, production, and sales of organic light-emitting materials and evaporation source equipment, with applications in OLED displays and lighting [2].

Core Viewpoint - The establishment of a display module factory in Thailand by Deep Tianma is part of the company's strategic development plan, with a total investment of 1.08 billion RMB, split equally between self-funding and bank loans [1][2]. Industry Trends - The globalization of the panel industry has become a consensus, with manufacturers accelerating overseas expansion to enhance market responsiveness through localized production and services [3]. - Multiple panel manufacturers are establishing overseas operations, particularly in India and Southeast Asia, to integrate the supply chain deeply [4]. Specific Company Developments - In February 2023, Innolux signed a technology transfer agreement with Vedanta Group to build a Gen 8.6 panel factory in India, with an initial investment of 4 billion USD and a planned capacity of 60K units per month [4]. - TCL Huaxing initiated a module project in India in 2018, with a total investment of 1.53 billion RMB, aiming for an annual output of 8 million large-sized TV panels and 30 million small-sized mobile phone panels [4][5]. - Dixon has signed a letter of intent with HKC to establish a joint venture for producing LCD modules and TFT-LCD modules in India, pending necessary approvals [8]. - Longteng Optoelectronics is setting up a new company in Vietnam for thin-film LCD production, expected to commence operations in Q2 2025 [8]. - BOE's second phase project in Vietnam, with a total investment of 2.02 billion RMB, aims to produce 3 million TVs and 7 million displays annually, expected to start mass production in 2025 [11]. Strategic Objectives - Panel companies are pursuing these overseas projects to stabilize supply chains, explore new markets, and mitigate geopolitical risks, responding to increasing market competition and changing demands [12]. - The advancement and production of these overseas projects are expected to further enhance the competitiveness of panel companies [13].

Group 1: Core Views - The overall expectation for May is that TV panel prices will remain stable across the board [3] - Demand for TV panels is showing a weakening trend, prompting some brand clients to request more price concessions from panel manufacturers [2] - Panel manufacturers are aware of the weakening demand and have initiated production cuts, estimating a reduction in average industry utilization rates by approximately 6-7% in May compared to April [2] Group 2: Monitor Panels - Demand for monitor panels remains strong due to the ongoing tariff issues, allowing for potential price increases [4] - However, the weakening demand for TV panels may impact the price increase momentum for monitor panels, with expected price increases starting to converge [4] - Open Cell panels are projected to increase by $0.2 in May, while 21.5-inch and 27-inch panels are expected to rise by $0.1, and 23.8-inch panels, due to strong demand, are expected to increase by $0.2 [4] Group 3: Laptop Panels - Despite the ongoing tariff issues, the demand for laptop panels has not surged significantly, maintaining a normal pace [5] - Panel manufacturers are concerned about a potential drop in demand after the tariff exemption period, leading to a more aggressive approach in securing customer orders [5] - The price trend for laptop panels in May is expected to remain stable, with manufacturers negotiating more flexible pricing strategies to secure orders [5]

Core Viewpoint - UDC reported a total revenue of $166.3 million for Q1 2025, with a focus on OLED materials and technology licensing, despite a challenging macroeconomic environment [1]. Group 1: Financial Performance - In Q1 2025, UDC achieved total revenue of $166.3 million (approximately RMB 1.201 billion) and an operating profit of $69.7 million [1]. - Material sales revenue was $86.2 million, down from $93.3 million in the same period last year [1]. - Royalty and licensing fee income reached $73.6 million, an increase from $68.3 million year-over-year [1]. - The overall gross margin was 77%, slightly down from 78% in the previous year [1]. Group 2: Business Focus and Outlook - UDC specializes in the research and development of OLED materials, patent licensing, and technical support, with its phosphorescent OLED technology enhancing display efficiency and lifespan [1]. - Looking ahead to 2025, UDC maintains its revenue guidance, projecting revenues between $640 million and $700 million despite increased uncertainty in the macroeconomic environment [1].

【译自LG Display】 5月1日，LG Display宣布，其已成为全球首家在量产线上成功验证蓝色磷光 OLED面板商业化性能的公司。 #OLED #蓝色磷光OLED #LGD 【WitsView面板产业交流群】 目前，尽管红色和绿色磷光已实现商业化20多年后，蓝色磷光仍在商业化的进程中。这是因为蓝 色是三种颜色中波长最短、能量较高的颜色，因此使用磷光材料时，寿命较短，显示稳定性较 差。 图片来源：拍信网 LG Display表示，公司通过采用混合双层串联OLED结构解决了这一问题，下层为蓝色荧光，上层 为蓝色磷光。结合荧光的稳定性与磷光的低功耗优势，其功耗降低约15%，同时保持与现有OLED 面板相似的稳定性。 5月11日，在美国加利福尼亚州圣何塞举办的SID Display Week 2025上，LG Display将向外展出采 用双层串联OLED技术的蓝色磷光OLED面板。 LG Display首席技术官尹秀英表示："蓝色磷光OLED产品商业化的成功验证将成为迈向下一代 OLED的里程碑。" 此次成功验证距离LG Display与UDC合作开发蓝色磷光面板约8个月，标志着LG Display距离实 ...