TCL TECH.(SZ:000100) Zheng Quan Shi Bao Wang·2025-09-14 09:41Group 1 - TCL Technology and its subsidiary TCL Huaxing signed a project cooperation agreement with the Guangzhou government to jointly invest in a new 8.6-generation printed OLED display panel production line, with an estimated total investment of approximately RMB 29.5 billion [2][5] - The new production line aims to process glass substrates measuring 2290mm × 2620mm, with a capacity of about 22,500 sheets per month, targeting applications in flat panels, laptops, and monitors [2] - The printed OLED technology involves high-precision spraying of liquid luminescent materials onto substrates, which is expected to enhance the efficiency and quality of OLED display panel manufacturing [2][3] Group 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% [3] - The compound annual growth rate (CAGR) for laptops is expected to be 33%, for automotive displays 27%, and for desktop monitors 19% by 2030, indicating strong growth in the AMOLED segment [3] - The t8 project will leverage TCL Huaxing's proprietary technology, positioning the company to capture market demand and enhance its share of high-end products [3][4] Group 3 - TCL Huaxing has been engaged in printed OLED research since 2013 and is set to achieve mass production with its G5.5 generation line starting in November 2024, marking a significant milestone in its development journey [4] - The t8 project represents a strategic opportunity for TCL Huaxing to surpass foreign competitors in the high-generation AMOLED field and establish itself as a leader in new technology [5] - The company has built a robust global patent portfolio, holding over 9,700 OLED patents, including more than 1,200 in printed OLED technology, which provides a strong technical barrier [3][4]