深天马：2026年将成Micro LED发展关键点

Core Viewpoint - The article emphasizes the significant potential of Micro-LED technology in the display industry, highlighting its advancements and the collaborative efforts of companies like Tianma Microelectronics to drive its commercialization and application across various sectors [2][6][16]. Group 1: Micro-LED Technology Development - Micro-LED is regarded as the ultimate display technology, with Tianma leading the charge in its development for large-size displays, automotive displays, transparent displays, wearables, and AR applications [2][5]. - At the TIC 2025 conference, Tianma unveiled the world's first 108-inch 4K Micro-LED seamless display, showcasing its high brightness, contrast, low reflectivity, and seamless splicing capabilities [5][8]. - The cost reduction and yield improvement of Micro-LED technology are critical for its market expansion, with a reported price drop of over 50% for 6-inch RGB Micro-LED chips in the past two to three years [6][9]. Group 2: Technical Challenges and Solutions - Despite the advancements, challenges such as reduced external quantum efficiency (EQE) and lower yield due to chip size reduction persist, but upstream companies are actively addressing these issues [9][10]. - Tianma is developing technologies like mixed BIN and De-mura algorithms to enhance chip uniformity to over 90%, thereby reducing costs [9][10]. - Various manufacturing techniques, including laser mass transfer and high-precision seamless splicing, are being optimized to improve the cost and yield of Micro-LED displays [10][12]. Group 3: Automotive Display Opportunities - Tianma is focusing on automotive displays as a key area for Micro-LED technology, having already developed several transparent display products tailored for automotive environments [12][13]. - The compatibility of Micro-LED technology with automotive displays is highlighted by its deformability, efficiency, and durability, which opens up numerous application opportunities [13][15]. - Tianma successfully demonstrated a 7-inch Micro-LED automotive standard product, accelerating the penetration of Micro-LED technology in the automotive sector [15][16]. Group 4: Future Prospects and Investments - The potential applications of Micro-LED technology are vast, extending to smartwatches, AR glasses, automotive headlights, and optical communications, which could significantly enhance its market value [16][17]. - Tianma has invested 1.1 billion yuan to establish a fully automated G3.5 generation mass transfer production line, expected to achieve full-process integration by the end of 2024 and begin small-scale production in 2025 [16][17]. - The company is optimistic about the future of Micro-LED technology, viewing 2026 as a pivotal year for its development and mass production [17].