TCL TECH.(SZ:000100) Yang Guang Wang·2025-09-15 03:19Core 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 [1] Group 1: Project Overview - The project aims to establish a production line with a monthly processing capacity of about 22,500 glass substrates sized 2290mm×2620mm, targeting applications in flat panels, laptops, and monitors [1] - The t8 project is expected to commence construction in November 2025, marking it as the world's first high-generation printed OLED production line [5] Group 2: Market Positioning and Technology - TCL Huaxing has over a decade of research in OLED technology and possesses mass production capabilities and key patents in printed OLED technology [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] - The t8 project will enhance TCL Huaxing's market share in high-end products and optimize operational efficiency in response to growing market demand [3] Group 3: Competitive Advantage - The technology used in the t8 project is proprietary to TCL Huaxing, which has built a robust global patent portfolio with over 9,700 OLED patents, including more than 1,200 in printed OLED technology, leading the industry [4] - The development of printed OLED technology represents a significant breakthrough for China's display industry, transitioning from a follower to a leader in the global market [4]