6月17日， LG Display（LGD）官方宣布， 已 获 公司董事会 批准投资 1.26万亿韩元 （ 约合 人民币66.56亿元 ） 在韩国 坡州园区 建设OLED面板工厂，该项目投资期预计为两年，即 2025 年6月17日至2027年6月30日 。 图片来源：LGD ▶ 关于集邦 此图片来自微信公众平台 十八届十二十六十十 据悉，本次 投资是 LGD 中长期资本支出计划的一部分，公司计划将 与OLED技术相关的 项目 投 资重点布局在 韩国 坡州 市。 LGD表示，这 是公司自出售中国广州LCD工厂 以来，首次在韩国本土进行的大规模投资 。 通过 此次投资， 公司 将专注于下一代高端OLED面板及模组基础设施的建设。 LG D 认为，随着技术发展，高性能、高端OLED产品的市场需求正稳步增长，因此， 公司战略聚 焦于高端产品开发，持续提供差异化客户价值，并不断扩大OLED市场 份额 。 LGD 总裁 Jeong Cheol-dong 表示，2025年将是LGD快速发展的一年，公司 将积极开发LGD 独有的 差异化技术与产品，引领 显示 市场 发展趋势 。 文：集邦Display整理 #OLED #LG ...

明日主题前瞻 1、可控核聚变 | 据中证报报道，欧盟委员会近日表示，欧盟国家扩大核能计划将需要2410亿欧元（约合2780亿美元）投资，并设立新的融资工具，以降低 私人投资者面临的高成本风险。欧盟委员会在一份投资需求分析草案中称，欧盟国家已制定计划，到2050年将核电装机容量从目前的98吉瓦提高至109吉 瓦。的清洁能源。实现净能量增益的突破长久以来被视为使核聚变成为一种实用且可持续能源解决方案的关键里程碑。如今，NIF已第八次成功实现净能量 增益，不仅刷新自身记录，还展现出朝着实现核聚变能源稳步迈进的态势。 点评：今年以来，核电领域利好消息不断。近期，世界银行的一项决定结束了该行自1959年以来对核能项目的融资禁令。根据中国核能行业协会发布的《中 国核能发展报告（2025）》蓝皮书，全球核能发展迎来全面复兴。在"双碳"目标指引下，我国核电建设进程明显提速，2024年核准核电机组数量创历史新 高，涉及第三代和第四代技术，在建机组数量保持全球第一。按照当前的建设速度和节奏，2030年前我国在运核电装机规模有望跃居世界第一。同时，全球 对清洁能源的需求持续增长，核电作为低碳、高效的能源形式，在能源结构中的地位日益 ...

Core Viewpoint - The article discusses recent developments regarding Tianma Microelectronics, focusing on its supply of display solutions for Xiaopeng Motors and a new OLED equipment contract with AP Systems. Group 1: Supply to Xiaopeng Motors - Tianma Microelectronics supplies display solutions for Xiaopeng's G7 model, featuring a 15.6-inch central control screen with a resolution of 2.5K and LTPS display technology [2][4] - The 2025 G6 model also includes a 15.6-inch central control screen with similar specifications, enhancing user experience through anti-glare features [4] - For the 2025 Xiaopeng X9, Tianma provides a 10.25-inch instrument screen and a 17.3-inch central control screen, with the latter achieving a 3K resolution and high color fidelity [5] Group 2: OLED Equipment Contract - Tianma's subsidiary, Xiamen Tianma, signed an OLED equipment supply contract with AP Systems, with delivery scheduled between June 9, 2025, and May 20, 2026 [6][8] - The contract stipulates that 90% of the payment will be made via letter of credit upon equipment arrival, with the remaining 10% paid after final inspection [8] - The TM18 project, which focuses on the production of curved and foldable displays, has a total investment of 48 billion yuan and covers an area of approximately 1,500 acres [9][11]

【集邦Display整理】 近日，天马微电子分别就供/订货方面传来了新消息。 天马供应小鹏G7中控屏 6月11日，小鹏G7发布。在内饰方面，这款车型配备了15.6英寸中控屏、8英寸后排娱乐屏以及9 英寸1080P高清流媒体后视镜。其中，15.6英寸的中控屏采用了天马微电子提供的显示总成解决 方案。 小鹏G7 15.6英寸悬浮中控屏，分辨率2.5K，并配有窄边框设计。与此同时，该屏幕集成的LTPS 显示技术与TED内嵌式触控技术，能够为驾驶者带来更佳的视觉体验与触控操作感受。 图片来源：小鹏汽车 据了解，小鹏今年发布的2025款G6、X9都搭载了天马微电子的显示屏。 2025款G6配备的15.6英寸中控屏，采用了天马微电子提供的显示总成解决方案。该屏幕采用悬浮 式设计，为2.5K车规级视网膜屏，还搭了配窄边框设计，提升使用体验。 同时，LTPS显示技术与TED内嵌式触控技术的结合，增强画质与色彩表现，提升视觉体验。另 外，防眩目功能处理进一步减少眩光干扰，让驾驶者视线更加清晰，有效提升行车安全。 在2025款小鹏X9中，天马微电子供应了两款产品——10.25英寸仪表和17.3英寸中控屏。 其中，10.25英寸仪 ...

Core Viewpoint - The article discusses the sale of a 10% stake in LG Display (China) by Skyworth Group to LG Display (Guangzhou) for 1.3 billion yuan, marking Skyworth's exit from the investment, which is perceived as a "fire sale" given the significant undervaluation of the asset [1][5][13]. Group 1: Transaction Details - Skyworth's subsidiary signed an agreement to sell a 10% stake in LG Display (China) for 1.3 billion yuan, after which Skyworth will no longer hold any shares in the company [1][5]. - The sale price represents a significant discount, with the book value of the shares being approximately 740 million yuan, indicating a sale at about 55.5% and 62.7% of their book value [13][14]. - Skyworth aims to use the proceeds from the sale to improve liquidity and fund other business operations [14]. Group 2: Industry Context - LG Display's Guangzhou factory is a critical asset in the Chinese panel industry, with a total investment of 4 billion USD and a production capacity of 180K, contributing to 4% of the global TV panel market [10][11]. - The factory's operational challenges, including a drop in utilization rates to around 50%, have led to speculation about its future, with TCL and BOE expressing interest in acquiring the asset [8][10]. - The sale of the factory is seen as a reflection of the broader struggles within the global panel industry, where LG Display is shifting focus towards OLED and MLED technologies [10][11]. Group 3: Company Performance - Skyworth's revenue declined by 6.6% year-on-year to 29.83 billion yuan in the first half of the year, despite a slight increase in gross profit [19][21]. - The company has reduced its workforce by 3,000 employees while simultaneously increasing investment in facilities and equipment by over 60% to 342 million yuan [21]. - Skyworth's reliance on its home appliance segment, particularly TVs, has increased, with this segment accounting for 51.7% of total revenue, while other segments like new energy have seen significant declines [21][22].

Core Viewpoint - Northern Huachuang Technology Group Co., Ltd. has completed the transfer of shares in Shenyang Xinyuan Microelectronics Equipment Co., Ltd., acquiring 9.48% of its total shares, indicating a strategic investment in the semiconductor equipment sector [1][3]. Group 1: Share Acquisition Details - Northern Huachuang acquired 19,064,915 shares of Xinyuan Micro at a price of 88.48 yuan per share, totaling approximately 1.69 billion yuan (16.87 billion) [1]. - The share transfer agreement was signed on March 10, 2025, with the transaction reflecting Northern Huachuang's commitment to expanding its presence in the semiconductor equipment market [1]. Group 2: Company Performance - In 2024, Xinyuan Micro reported total revenue of 1.77 billion yuan, a year-on-year increase of 3.09%, while net profit attributable to the parent company was 211 million yuan, down 15.85% [3]. - The company's non-recurring net profit was 81.75 million yuan, showing a significant decline of 56.32% year-on-year, indicating potential challenges in profitability [3]. Group 3: Industry Positioning - Both Northern Huachuang and Xinyuan Micro operate in the integrated circuit equipment industry, with complementary product offerings that could enhance collaborative synergies [3]. - Northern Huachuang's main products include etching, thin film deposition, and other core process equipment, while Xinyuan Micro specializes in coating and developing equipment, highlighting their strategic alignment [3]. Group 4: Future Plans - Shenyang Zhongke Tiansheng Automation Technology Co., Ltd. currently holds 8.41% of Xinyuan Micro's shares and plans to transfer its entire stake through public solicitation, which may present further acquisition opportunities for Northern Huachuang [4][5]. - Northern Huachuang intends to actively participate in public bidding to increase its stake in Xinyuan Micro and gain control over the company [5].

行情速递 ② 久远银海，发布2024年年度权益分派实施公告/以总股本408,231,038股 为基数/每10股派发现金红利1.50元（含税）/共分配61,234,655.70元/剩 余未分配利润结转以后年度/ ③皖通科技，发布2024年度分红派息实施公告/以公司现有总股本 ① 主 板 领 涨 ， 中 嘉 博 创 (+10.10%)/ 通 鼎 互 联 (+10.06%)/ 中 电 鑫 龙 (+10.05%)/ 时 代 出 版 (+10.04%)/方正科技(+10.02%)/ ② 创业板领涨，恒实科技(+20.05%)/汇金股份(+20.05%)/雄帝科技(+16.88%)/ ③科创板领涨，生益电子(+20.01%)/青云科技-U (+20.00%)/瑞可达(+16.49%)/ ④活跃子行业，SW印制电路板(+6.62%)/SW通信网络设备及器件(+3.85%)/ 国内新闻 ①半导纵横， Noctiluca正在加强其在亚洲市场的业务布局/该公司刚刚与中 国一家顶尖科技企业—— 全球最大的通信设备制造商华为签署了新一份《材 料转让协议》（MTA）/此次合作的目的是对Noctiluca自主研发的OLED材 料进行测试 ...

根据 Counterpoint市场监测服务的最新研究 ，2025年Q1中东和非洲智能手机出货量同比增长7%， 这是该地区在经历连续两个季度下滑后，首次实现同比正增长。斋月和复活节期间的强势节日需 求、设备供应扩大以及温和的通胀共同推动了当季消费者支出。 数据来源： Counterpoint Research 市场监测服务 分析师观点 Counterpoint高级分析师Yang Wang 针对市场动态表示："2024年，中东和非洲智能手机市场进入 调整阶段，因为品牌专注于清理旧库存、减少新品发布和促销力度，导致活跃品牌数量减少。但得 益于供应改善和积压需求释放，尤其是100美元以下的平价机型，市场在2025年初迎来强劲复苏， 主要是因为经济形势和市场的持续改善。值得注意的是，即便在传统意义上的销售淡季，800美元 以上的高端智能手机仍保持稳健增长，印证了高端化趋势的持续韧性。" 2022年Q1- 2025年Q1中东和非洲地区 智能手机出货量增长率 得益于节日季强劲需求、通胀缓和以及新Android厂商扩大设备供应，2025年Q1中东和非洲地 区智能手机市场同比增长7%。 低端市场增速最快，因该地区最大细分市场竞 ...

Core Viewpoint - BOE (京东方) has accelerated the construction of its 8.6-generation AMOLED production line in Chengdu, with equipment installation completed four months ahead of schedule, positioning the company favorably in the AMOLED market [1][3]. Group 1: Project Overview - The 8.6-generation AMOLED production line in Chengdu was initiated on March 27, 2024, and reached full structural completion on September 26, 2024, ahead of schedule [2]. - The total investment for the project is 63 billion RMB, with a designed capacity of 32,000 glass substrates per month, each measuring 2290mm x 2620mm [2]. - The production line will focus on medium-sized AMOLED panels for mid-to-high-end laptops and tablets, while also having the capability to produce flexible OLED panels for smartphones [2]. Group 2: Competitive Advantage - BOE completed the construction phase of the production line in 183 days, transitioning to operational readiness ahead of competitors who are still in the planning stages for similar production lines [3]. - With the addition of the 8.6-generation line, BOE will operate a total of four AMOLED production lines across Chengdu, Chongqing, and Mianyang, enhancing its production capacity in the AMOLED segment [3].

Core Viewpoint - OPPO has officially launched the Reno14 and Reno14 Pro smartphones, featuring advanced specifications and competitive pricing in the market [1][3]. Group 1: Product Specifications - OPPO Reno14 features a 6.59-inch 1.5K LTPS display with a 120Hz refresh rate, a maximum manual brightness of 600 nits, and a peak brightness of 1200 nits [1]. - The device is powered by the MediaTek Dimensity 8350 processor, built on TSMC's 4nm process, and includes a 6000mAh battery with 80W fast charging support [3]. - The camera setup includes a 50MP front camera and a rear camera system with a 50MP main sensor, an 8MP ultra-wide sensor, and a 50MP periscope telephoto lens [3]. - OPPO Reno14 Pro features a larger 6.83-inch 1.5K display, MediaTek Dimensity 8450 chip, and a 6200mAh battery with both 80W wired and 50W wireless charging [3][4]. Group 2: Unique Features - Reno14 Pro incorporates professional-grade live broadcast noise reduction with a 3-microphone system and proprietary noise-cancellation algorithms, reducing noise by 90% compared to the iPhone 16 Pro Max [4]. - The device also features advanced stabilization technology, including proprietary EIS and hardware-level OIS for enhanced video recording [4]. Group 3: Pricing - The pricing for OPPO Reno14 models is as follows: - 12GB+256GB priced at 2379.15 CNY - 16GB+256GB priced at 2549.15 CNY - 12GB+512GB priced at 2634.15 CNY - 16GB+512GB priced at 2804.15 CNY - 16GB+1TB priced at 3299 CNY [5]. - The pricing for OPPO Reno14 Pro models is as follows: - 12GB+256GB priced at 2999 CNY - 12GB+512GB priced at 3299 CNY - 16GB+512GB priced at 3499 CNY - 16GB+1TB priced at 3999 CNY [6].