TCL TECH.(SZ:000100) Zhong Guo Jing Ji Wang·2025-10-22 07:46Core Viewpoint - The T8 project by TCL Huaxing marks the establishment of the world's first mass production G8.6 generation printed OLED production line, representing a significant technological breakthrough for Chinese display companies in the high-generation AMOLED field [2][4]. Group 1: Project Overview - The T8 project officially commenced construction in Guangzhou on October 21, with a total investment of approximately RMB 29.5 billion and a construction period of 24 months, aiming for mass production in the second half of 2027 [1]. - The project is designed to process about 22,500 glass substrates (2290mm×2620mm) per month, primarily targeting the mid-size market for displays, laptops, and tablets [1]. Group 2: Technological Advancements - The T8 project is expected to achieve a 50% localization rate for equipment in its first phase, with further increases anticipated in subsequent phases [2]. - The project aims to overcome bottlenecks in key materials and core equipment through collaboration with upstream and downstream enterprises, universities, and research institutions [2][3]. Group 3: Industry Impact - The T8 project will enhance the synergy between TCL Huaxing's existing production lines in Guangzhou, Shenzhen, and Huizhou, creating a robust ecosystem for printed OLED technology [3]. - The project is positioned to accelerate the establishment of a complete industrial chain ecosystem covering materials, equipment, panels, and terminals [3]. Group 4: Cost and Performance Benefits - The T8 project is expected to reduce overall costs by over 15% upon mass production, with significant improvements in material utilization and equipment costs [4]. - The printed OLED technology offers advantages such as high display performance, with the ability to cover applications from 5-inch mobile devices to 65-inch televisions, targeting high-value scenarios like medical and professional monitors [4]. Group 5: Investment Returns - The investment payback period for the T8 project is anticipated to be shorter than the typical 5-7 years for high-generation displays, due to the competitive edge of printed OLED technology [5].