Group 1 - The core viewpoint of the article highlights that Beijing Xiaomi Mobile Software Co., Ltd. has obtained a patent for a display panel and display device, which aims to enhance the reliability of display panels by preventing crack propagation towards the display area [1] - The patent, authorized under announcement number CN223247003U, was applied for on September 2024 and falls within the field of display technology [1] - The display panel includes a substrate, multiple insulating functional layers, and several light-emitting devices, with a unique feature of barrier grooves designed to disrupt the path of cracks [1] Group 2 - Beijing Xiaomi Mobile Software Co., Ltd. was established in 2012 and is primarily engaged in software and information technology services [2] - The company has a registered capital of 148.8 million RMB and has made investments in four enterprises, participated in 139 bidding projects, and holds approximately 5,000 patent records [2] - Additionally, the company possesses 123 administrative licenses, indicating a robust operational framework [2]

Core Viewpoint - The recent financial reports from Hehui Optoelectronics and Bayi Shikong show a divergence in profitability despite revenue growth, highlighting different operational strategies and market conditions for both companies [1]. Hehui Optoelectronics - Hehui Optoelectronics achieved a revenue of 2.67 billion yuan in the first half of the year, representing a year-on-year growth of 11.51%, with a significant reduction in losses, improving by 439 million yuan [2]. - The company reported a non-GAAP net loss improvement, with EBITDA reaching 473 million yuan, marking a turnaround from losses [2]. - Operating cash flow saw a substantial increase of 856%, totaling 233 million yuan [2]. - The company focuses on high-resolution AMOLED semiconductor display panels, targeting consumer electronics and expanding into professional display fields [3]. - Hehui's strategy emphasizes a differentiated product approach, particularly in the rapidly growing medium and large-sized display markets, leading to an 83.18% revenue increase in the tablet and laptop segment [3]. - In the smartphone sector, Hehui adjusted its product mix to enhance profitability by increasing prices on high-demand display panels while reducing production of lower-margin products [3]. - The company also strengthened its market presence in the wearable technology sector, improving margins through high-value Hybrid products [4]. Bayi Shikong - Bayi Shikong reported a revenue of 415 million yuan in the first half of the year, a year-on-year increase of 10.63%, but saw a decline in total profit to 39.22 million yuan, down 32.12% [5][6]. - The net profit attributable to shareholders decreased by 37.90% to 30.87 million yuan, with R&D expenses rising to 12% of revenue [5][6]. - The decline in profitability is attributed to increased R&D investments, higher depreciation costs from new projects, and expenses related to an employee stock ownership plan [7]. - Despite the profit decline, the company made progress in several projects, including stable mass production of high-performance liquid crystal materials for TVs and successful client testing for various display materials [7][8].

Core Viewpoint - Tokyo Science Research Institute has developed the world's lowest operating voltage white OLED device, which operates at 1.5V [1]. Group 1: Research and Development - The research team, led by Professor Seiichiro Izawa, previously focused on low-voltage blue OLED devices using triplet-triplet annihilation (TTA) for blue light emission [2]. - The new OLED devices, named up-conversion OLED or UC OLED, incorporate a sky-blue dopant (polyvinyl dopant, Tbpe) and a yellow dopant (red fluorescent), which together produce white light [2]. - Despite the low operating voltage, the OLED devices currently face challenges related to efficiency and color stability, with ongoing efforts to improve performance [2].

Core Viewpoint - BOE Technology Group has established a strong position in the flexible AMOLED market, leveraging its production capacity and technological advantages to meet the demands of major mobile phone brands and explore new applications in automotive and IT sectors [2]. Company Summary - BOE has been investing in the flexible AMOLED sector for several years, building up its production capacity and technical expertise [2]. - The company has developed a solid customer base, covering major top brand clients in the mobile phone industry [2]. - BOE is actively expanding into mid-size innovative applications, such as automotive and IT, to seize market opportunities and align with downstream customer needs [2]. Industry Summary - The flexible AMOLED market is expected to experience significant fluctuations in shipment volumes between the first and second halves of the year due to seasonal demand [2]. - In the second half of the year, the overall shipment volume of AMOLED is anticipated to increase compared to the first half, driven by the concentrated release of new models from downstream brand manufacturers [2].

Group 1 - The core point of the news is that Xi'an Nova Star Cloud Technology Co., Ltd. has obtained a patent for a "receiving card" which enhances storage functionality in display technology [1] - The patent was granted with the announcement number CN223193530U, and the application date was July 2024 [1] - The receiving card includes a circuit board and multiple lamp board interfaces, utilizing multiplexing and replacement of pixel pins to support storage functions [1] Group 2 - Xi'an Nova Star Cloud Technology Co., Ltd. was established in 2008 and is located in Xi'an, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has a registered capital of 92.448 million RMB [2] - The company has made investments in 18 enterprises, participated in 1,159 bidding projects, and holds 1,810 patent records along with 373 trademark records [2]

Group 1 - The Chengdu Universiade will feature a stunning visual display supported by BOE's display technology, with the opening ceremony scheduled for August 7, 2025 [1][3] - The outdoor digital display screen at the Tianfu International Conference Center measures 408.5 meters in length and 26.7 meters in width, totaling approximately 11,000 square meters, making it the longest continuous LED screen globally [3] - The screen, named "Tianfu Daway", integrates over 40,000 custom LED display units and has a viewing distance of up to 6 kilometers, showcasing advanced protective features and high brightness for optimal visibility in various weather conditions [3][4] Group 2 - BOE has significantly invested in Chengdu High-tech Zone, with total investments exceeding 150 billion yuan, contributing to the local economy and technological advancements [6] - The Tianfu Double Towers, another project by BOE, features a metal frame with 162,000 meters of LED light strips, covering an area of 52,000 square meters and achieving 8 million pixel points for high-definition displays [4] - Chengdu High-tech Zone has established a complete new display industry chain, with over 40 related enterprises and leading production capabilities in flexible displays and AMOLED technology [8][9] Group 3 - The new display industry in Chengdu High-tech Zone achieved a production value of 44.5 billion yuan in 2024, marking a 4% year-on-year growth, indicating the emergence of "World Soft Valley" [8] - Chengdu High-tech Zone has implemented policies to reduce R&D and production costs for enterprises, including a "no-application, immediate enjoyment" model for policy benefits [8] - The local government aims to enhance the business environment and strengthen the electronic information industry, promoting more "Chengdu High-tech Manufacturing" to the global market [9]

Group 1 - The State Intellectual Property Office of China has granted Hisense Visual Technology Co., Ltd. a patent for a "display device" with authorization announcement number CN223180786U, applied for on September 2024 [1] - The patent provides a display device that includes a display panel, back panel, light board, flexible circuit board, and reflective sheet, indicating advancements in display technology [1] - The light board is positioned between the back panel and the display panel, featuring a design that includes a sloped section to enhance the display's functionality [1] Group 2 - Hisense Visual Technology Co., Ltd. was established in 1997 and is located in Qingdao, primarily engaged in the manufacturing of electrical machinery and equipment [1] - The company has a registered capital of 1,304.97 million RMB and has invested in 31 enterprises, participated in 2,485 bidding projects, and holds 123 trademark records and 5,000 patent records [1] - Additionally, the company possesses 53 administrative licenses, showcasing its extensive operational capabilities and market presence [1]

Group 1: Patent Application - Xiamen Tianma Display Technology Co., Ltd. and Wuhan Tianma Microelectronics Co., Ltd. applied for a patent titled "Display Module and Display Device" with publication number CN120379485A, filed on April 2025 [1] - The patent aims to provide a display module that balances high light efficiency and low reflectivity, consisting of multiple components including a substrate, light-emitting device layer, reflective polarizing structure, first polarizing structure, cover plate, and anti-reflective layers [1] Group 2: Company Overview - Xiamen Tianma Display Technology Co., Ltd. - Established in 2020, Xiamen Tianma Display Technology Co., Ltd. is located in Xiamen and primarily engages in the manufacturing of computers, communications, and other electronic devices [1] - The company has a registered capital of 2,700 million RMB and has participated in 4,608 bidding projects, holds 679 patents, and possesses 79 administrative licenses [1] Group 3: Company Overview - Wuhan Tianma Microelectronics Co., Ltd. - Founded in 2008, Wuhan Tianma Microelectronics Co., Ltd. is based in Wuhan and focuses on software and information technology services [2] - The company has a registered capital of 1,628 million RMB, has participated in 2,606 bidding projects, holds 4,095 patents, and has 221 administrative licenses [2]

Core Viewpoint - The announcement of government subsidies totaling 25.2 million yuan will positively impact the company's operating performance in 2025 [1]. Group 1: Company Overview - Shanghai Jingce Semiconductor Technology Co., Ltd. was established in 2018, focusing on the research, production, and sales of semiconductor testing equipment, as well as some testing equipment for display and new energy fields [2]. - Jingce Electronics primarily engages in the research, production, and sales of testing systems for displays, semiconductors, and new energy [2]. Group 2: Product and Market Performance - The main products in the display sector include testing equipment for various display devices such as LCD, OLED, Mini LED, Micro OLED, and Micro LED, including electrical measurement and debugging systems, pre-process AOI equipment, and automated equipment integration products [2]. - The self-developed Seal series TGV testing equipment was successfully delivered in bulk last November, with applications in Mini/Micro LED direct display, advanced semiconductor packaging substrates, and other precision devices [2]. Group 3: Financial Performance - In Q1 2025, Jingce Electronics achieved revenue of 689 million yuan, a year-on-year increase of 64.92%, and turned a profit with a net profit attributable to shareholders [2]. - The semiconductor segment generated sales revenue of 212 million yuan, up 63.71% year-on-year, while the display segment achieved sales revenue of 382 million yuan, a growth of 42.46% [2]. - In the new energy sector, the company reported sales revenue of 77.57 million yuan, a significant increase of 429.71% year-on-year [2].

Core Viewpoint - The South Korean government plans to invest 484 billion KRW (approximately 350 million USD, 2.51 billion CNY) in developing iLED (Inorganic Light-Emitting Diode) display technology by 2032, aiming to establish a complete local industrial ecosystem and find new growth engines for the display industry [1][3][9]. Group 1: Current Market Position - South Korea currently leads the OLED market but lags in the iLED sector, heavily relying on imports for LED epitaxy, chips, and materials [3][4]. - Chinese companies, supported by their government, have rapidly risen in the display market, surpassing South Korea in LCD panels and closing the gap in OLED technology [5][6]. Group 2: iLED Technology Advantages - iLED technology is seen as the next-generation display technology that could potentially disrupt OLED, offering better lifespan, brightness, picture quality, and energy efficiency, while avoiding issues like "burn-in" [5][6]. - The manufacturing and transfer of micro-level LED chips in iLED technology align more closely with the semiconductor industry, which poses a competitive challenge for South Korean firms [6][7]. Group 3: Government Investment Goals - The investment aims to address three main issues: reversing the technological lag in the iLED field, reducing reliance on foreign-made key LED chips and materials, and finding new economic growth engines post-OLED [7][9]. - The initiative is part of a broader strategy to secure a competitive edge in the global display industry and ensure supply chain security [9]. Group 4: Future Implications - The investment is expected to influence the global evolution of display technology, with the competition in the iLED sector already underway [9].