TCL TECH.(SZ:000100) Hua Xia Shi Bao·2025-09-13 09:46Group 1 - TCL Huaxing officially announced its investment in a new 8.6-generation printed OLED production line, with a total investment of 29.5 billion yuan, expected to start construction in November 2023 and take 24 months to complete [2][3] - The project will be co-funded by TCL Huaxing, the Guangzhou Municipal Government, and the Guangzhou Economic and Technological Development Zone Management Committee, with TCL contributing 8.85 billion yuan and the government coordinating contributions of 5.9 billion yuan [3] - This investment is significantly lower than competitors like BOE and Visionox, which have announced investments of 63 billion yuan and 55 billion yuan respectively for their own 8.6-generation lines [3] Group 2 - The new production line will utilize TCL's proprietary technology, differing from the more common evaporation process used by other manufacturers, which has lower material utilization rates [4][5] - The printed OLED technology allows for a higher average luminous area and better material efficiency, potentially reaching up to 90% material utilization compared to only 30% in traditional methods [4] - The t8 project aims to target the mid-size display market, which is projected to grow significantly, with AMOLED panel shipments expected to reach 1.01 billion units in 2024 and 1.33 billion units by 2030 [5][6] Group 3 - The competition in the mid-size display market is intensifying, with TCL's new line expected to lower costs and improve efficiency in the IT panel sector [6][7] - The entry of TCL Huaxing into the OLED market is seen as a challenge to South Korean manufacturers, marking a shift in the competitive landscape following the success of Chinese companies in the LCD sector [7]