TCL TECH.(SZ:000100) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-12 16:27Core Viewpoint - TCL Technology Group has signed a project cooperation agreement to jointly invest in the construction of an 8.6-generation printed OLED display panel production line in Guangzhou, with a total investment of approximately RMB 29.5 billion [2][5][9] Group 1: Project Overview - The project aims to establish a production line with a monthly processing capacity of approximately 22,500 glass substrates measuring 2290mm x 2620mm, focusing on applications in flat panels, laptops, and monitors [2][5] - TCL Huaxing, a subsidiary of TCL Technology, has extensive experience in the semiconductor display industry, operating 11 panel production lines and 6 module bases globally [4][5] Group 2: Technological Advancements - TCL Huaxing has been engaged in OLED technology research for over a decade, holding more than 9,700 OLED patents, including over 1,200 related to printed OLED technology [4][8] - The company has successfully completed the construction of a G5.5 generation printed OLED production line, which is set to achieve mass production and user delivery starting November 2024 [6][8] Group 3: Market Potential - The global new display industry is stabilizing, with OLED expected to become the mainstream high-end display technology, driven by growth in applications such as foldable screens, automotive displays, and wearable devices [6][7] - According to Omdia, global AMOLED panel shipments are projected to reach 1.01 billion units in 2024, with a market share of 27%, and are expected to exceed 1.33 billion units by 2030, increasing its market share to 35% [6] Group 4: Strategic Importance - The t8 project is positioned to help TCL Huaxing seize market growth opportunities and enhance its share of high-end products, thereby optimizing operational efficiency [7] - The project will utilize TCL Huaxing's proprietary technology, reinforcing China's position in the global new display industry and marking a significant shift from "catching up" to "leading" in the display technology sector [8][9]