Di Yi Cai Jing·2026-01-15 01:51Group 1 - TCL Technology's subsidiary TCL Huaxing is expected to achieve revenue exceeding 100 billion yuan and net profit over 8 billion yuan by 2025, attracting attention to the panel industry [1] - TCL Huaxing's revenue is projected to reach approximately 106.3 billion yuan in 2025, a year-on-year increase of 23%, with 47% of revenue coming from TV panels [2] - The global display panel industry is expected to see a revenue of 114.4 billion USD in 2025, a slight decline of 1.3% year-on-year, primarily due to a downturn in mobile product panels [3] Group 2 - The top three panel manufacturers, BOE, TCL Huaxing, and Huike, account for 70% of the global liquid crystal TV panel market shipment volume [3] - Liquid crystal panel profitability is expected to stabilize due to production control and price stability, with a projected 3% year-on-year increase in global liquid crystal TV panel shipments in 2025 [4] - The demand for mid-size OLED panels is anticipated to grow significantly in 2026, with sales expected to increase by over 20% year-on-year [6] Group 3 - The competition in the mid-size OLED market is expected to intensify as new production lines from BOE and Samsung enter mass production in 2026 [7] - The overall panel market size is expected to remain stable in 2026, with structural differentiation in market scale and profit levels [7] - The demand for high-end IT products and AI-enabled displays will be key growth drivers in the future market [7]