TCL TECH.(SZ:000100) Zhong Guo Zheng Quan Bao·2025-09-13 05:09Core Viewpoint - TCL Technology and its subsidiary TCL Huaxing have signed a project cooperation agreement with the Guangzhou government to jointly invest in a new 8.6-generation printed OLED display panel production line in Guangzhou, with a total investment of approximately 29.5 billion yuan [1] Investment and Project Details - The t8 project will have a monthly processing capacity of about 22,500 glass substrates sized 2290mm x 2620mm, targeting applications in flat panels, laptops, and monitors [1] - The total investment is approximately 29.5 billion yuan, with TCL Huaxing contributing 8.85 billion yuan and the Guangzhou government and state-owned enterprises contributing a total of 5.9 billion yuan [1] Technology and Market Trends - Printed OLED technology involves high-precision spraying of liquid luminescent materials onto substrates, which is expected to accelerate commercialization [2] - TCL Huaxing has over ten years of research in OLED technology and is set to achieve mass production at its G5.5 line starting November 2024, increasing capacity from 3,000 to 9,000 units per month [2] - The global AMOLED panel shipment is projected to reach 1.01 billion units in 2024, with a market share of 27%, and is expected to exceed 1.33 billion units by 2030, increasing its market share to 35% [2] Advantages of Printed OLED - Printed OLED technology offers superior color performance, high resolution, high material utilization, low energy consumption, and lower investment and manufacturing costs, making it suitable for various display sizes [3] Project Timeline and Strategic Importance - The t8 project is expected to commence construction in November 2025, with a planned construction period of 24 months [4] - The project will leverage TCL Huaxing's proprietary technology and extensive patent portfolio, which includes over 9,700 OLED patents, with more than 1,200 related to printed OLED [4]