TCL TECH.(SZ:000100) Nan Fang Du Shi Bao·2025-10-23 10:56Core Insights - TCL Huaxing has launched the T8 project with a total investment of approximately 29.5 billion yuan, marking the world's first mass production G8.6 generation printed OLED production line [1][2] - The T8 project is seen as a critical step in strengthening the semiconductor display industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area [1][7] Investment and Production Details - The T8 project is designed to process about 22,500 glass substrates measuring 2290mm x 2620mm per month, targeting the mid-size IT market including monitors, laptops, and tablets [2] - The project aims to achieve mass production by the second half of 2027, with a construction period of 24 months [4] Technology and Cost Advantages - The choice of printed OLED technology is based on its unique advantages in cost and display quality, with a material utilization rate exceeding 90%, compared to about 30% for traditional evaporation techniques [2][6] - TCL Huaxing expects a cost advantage of over 15% compared to other OLED technologies once the T8 project is scaled up [2] Competitive Landscape - The global competition in high-generation OLED production lines has intensified, with major players like Samsung Display and BOE investing heavily in G8.6 generation lines, while TCL Huaxing is the only major company betting on the printed route [5] - TCL Huaxing's T8 project is the fourth high-generation OLED line announced in the industry, with the company timing its entry based on its own progress and market demand forecasts [5] Strategic Implications - The T8 project is expected to enhance the collaboration within the Greater Bay Area's semiconductor display industry, leveraging existing production lines in Guangzhou, Shenzhen, and Huizhou [7] - The project aims to achieve a 50% localization rate for equipment in its first phase, addressing previous dependencies on overseas suppliers and enhancing China's capabilities in this field [7]