TCL华星量产医疗用印刷OLED显示器，维信诺新产线预计导入ViP技术 相较于使用FMM，趋于成熟的蒸镀OLED技术，印刷OLED的制程设计希望突破FMM和真空环境的限 制，以精准的喷墨涂布方式提升材料使用率，并降低设备投资，成本可较同级蒸镀产品降低约25%， 业者期望于对成本敏感的中尺寸市场发挥此优势。目前印刷技术仍面临良率、画素密度、可靠性等挑 战，而印刷OLED面板解析度已达326PPI，可满足笔电和显示器的需求，但需通过材料与器件结构优 化，提升产品寿命与功耗表现。 June 5, 2025 产业洞察 根据TrendForce集邦咨询最新显示产业研究报告指出，OLED技术凭借自发光、高对比、轻薄等优势 持续拓展市场份额，主要集中在手机等小尺寸应用。然而，大尺寸市场的渗透率长期受制于成本与产 能，成长缓慢。反观由显示器(monitor)、笔电、平板、车用显示构成的中尺寸领域，随着消费者追求 高阶显示效果，形成新一轮市场竞争板块。 TrendForce集邦咨询预估，2025年OLED显示器出货量年增达80.6%，整体显示器市场的渗透率将上 升至2%，到2028年有机会挑战5% 。在这一成长态势下，维信诺与 ...

Summary of Universal Display Corporation (UDC) Conference Call Company Overview - **Company**: Universal Display Corporation (UDC) - **Industry**: OLED (Organic Light Emitting Diode) technology and materials - **Key Focus**: Development and supply of OLED materials and technologies for display manufacturers Key Points and Arguments Industry Trends and Growth Catalysts - The long-term growth catalyst for UDC is the increasing demand for energy-efficient displays driven by advancements in consumer electronics, including AI and 5G technologies [8][9] - UDC has a 51% penetration rate in the smartphone market as of the end of 2024, with lower penetration in IT (4%) and TVs (4%) [11][12] - A new multi-year capital expenditure cycle is emerging in the medium-sized market for IT and automotive displays, with significant investments from panel makers [14][15] Capacity and Production - New OLED production facilities are set to come online, including Samsung's Gen 8.6 facility in Q2 2026 and BOE's facility in Q4 2026, with total investments around $20 billion [13][14] - UDC has long-term agreements with major customers like Samsung and LG Display, which include both materials and licensing agreements [17][19] Revenue Streams - UDC's revenue is primarily generated from material sales and licensing agreements, with a projected material to royalty licensing ratio of 1.4 to 1 for the current year [19] - The introduction of blue phosphorescent materials is expected to significantly enhance revenue opportunities, with LG Display showcasing a 15% increase in energy efficiency for their blue panels [21][22] Competitive Landscape - UDC believes it holds a competitive edge in high-efficiency blue materials, asserting that "all roads to high efficiency blue go through us" [26][27] - The company does not foresee significant competition in the blue material space, emphasizing its proprietary technology and established relationships [26][27] Supply Chain and Tariff Management - UDC operates a fabless model, relying on PPG for manufacturing, with production sites in the US and Ireland [37][38] - The company has a diversified global supply chain, mitigating risks associated with tariffs and geopolitical tensions [42][43] Financial Performance - UDC expects gross margins of 76% to 77% and operating margins of 35% to 40% for the year, attributed to its strong licensing business and innovative materials [63][64] - The company has a history of returning cash to shareholders through dividends and a $100 million stock buyback program [68][69] Future Outlook - UDC anticipates continued growth in OLED adoption across various sectors, including automotive and IT, with a focus on next-generation materials and technologies [52][58] - The company is exploring both organic and inorganic growth opportunities through its venture arm, UDC Ventures [72][73] Additional Important Insights - The automotive industry presents a significant opportunity for OLED displays, with multiple displays per vehicle and a growing interest from EV manufacturers [56][58] - UDC's strong relationships with customers and continuous innovation are key to maintaining its leadership position in the OLED market [67]

2.基于相关研发项目进行相关产品交付，包括XR产品和X-ray产品等； 3. 泛半导体技术研究孵化，包括钙钛矿项目和玻璃载板项目等。 考虑到该项目对补强、壮大昆山开发区光电显示产业链有重大战略意义，同时能够延伸到集成电 路、光伏等相关产业领域，是昆山建设新一代信息技术产创新集群的重大项目，昆山经济技术开发 区管理委员会为维信诺提供合作支持。 【 集邦Display整理 】 企查查APP显示，近日，苏州国显创新科技有限公司成立 。 公司注册地址是昆山开发区， 注册资本1000万元，经营范围包含：电子元器件零售；电子专用材 料制造；电子专用材料销售；电子专用材料研发等。企查查股权穿透显示，该公司由维信诺全资持 股。 图片来源：企查查 除了在苏州昆山区成立新公司外，今年4月，维信诺还宣布公司拟在昆山投建全球新型显示产业创 新中心项目。 该项目需使用工业用地约60亩，总投入约50亿元，其中：设备投资、无形资产、流动资金等约40 亿元，土地、厂房建设约10亿元。总投入涵盖相关固定资产及相关专利。项目为国内领先高配柔 性AMOLED技术开发平台，主要开展三项业务： 1.前沿显示技术开发，包括材料和装备国产化验证、前沿显示 ...

格隆汇5月27日丨招商局中国基金(00133.HK)发布公告，公司的全资附属公司—深圳市天正投资有限公 司("天正")签订了日期为2025年3月31日并关于上海显耀显示科技有限公司(简称"JBD")的增资协议及其 它相关协议，据此，天正同意向JBD出资3000万元人民币参与其此次B轮融资。天正于近期完成了3000 万元人民币的出资。 JBD成立于2015年10月，是一家微型发光二极管(MicroLED)研发和制造公司，专注于开发MicroLED微 显示技术，在中国内地合肥、上海设有研发部门和工厂。 JBD成立以来专注于开发MicroLED微显示技术，是目前全球率先实现量产出货并应用于增强现实(AR) 眼镜的MicroLED微显示芯片和光机公司，其产品拥有业界领先的高亮度、低功耗、小体积的特点，技 术领先性得到海内外头部客户认可。公司认为消费级AR产品需求在未来具有较高的确定性，MicroLED 作为AR眼镜轻量化的显示解决方案，会有较高的成长性。JBD的创始团队出身光电材料和光电器件研 发，自2015年以来深耕MicroLED微显示技术获得了深厚的技术储备，具备先发优势。公司期待随着其 产品的持续迭代和下游A ...

台积电将生产基于MicroLED的光通信互连产品 金十数据5月27日讯，台积电宣布，将与美国初创公司Avicena合作，生产基于MicroLED的互连产品。 该技术用光通信替代电连接，以低成本、高能效的方式满足越来越多的GPU之间的高通信需求。 ...

以下文章来源于LEDinside ，作者Irving LEDinside . TrendForce集邦咨询旗下光电研究处。研究领域包括MicroLED、MiniLED、照明、显示屏、紫外线（UV LED）、红外线 (IR LED/VCSEL)、化合物半导体等，提供以上各领域的产业研究报告及资讯。 【LEDinside】 AI人工智能等技术驱动下，AR眼镜市场热度持续回升，并带动了上游近眼显示项 目的投资热度上升。就在近日，国内又有企业宣布拟建设一项大型硅基OLED(Micro OLED)微显示 背板项目，以满足下游近眼显示企业与终端客户的需求。 奕瑞科技 拟建 硅基OLED微显示背板项目，总投资18亿元 5月23日晚，奕瑞科技 发布 对全资子公司增资暨对外投资的公告， 宣布 拟投资不超过18亿元用于 硅基OLED微显示背板生产项目，其中 对 项目实施主体，即 全资子公司奕瑞影像科技（合肥）有 限公司 （ 简称：" 奕瑞合肥 "） 增资6亿元 。 | 证券代码:688301 | 证券简称:奕瑞科技 | 公告编号:2025-035 | | --- | --- | --- | | 转债代码:118025 | 转债简 ...

Core Viewpoint - The company plans to invest in a silicon-based OLED microdisplay backplane production project in collaboration with Visionary Technology and specific clients [1] Group 1: Investment Details - The company intends to invest no more than 1.8 billion yuan in the project, with an additional 600 million yuan allocated for capital increase in its wholly-owned subsidiary, Yirui Hefei [1] - The investment will be funded through the company's own funds and a deposit provided by Visionary Technology [1] Group 2: Production Capacity - Upon completion of the project, the company will add a production capacity of 5,000 silicon-based OLED microdisplay backplanes per month [1] - The project aims to achieve large-scale mass production of the backplanes [1]

奕瑞科技公告，公司拟对全资子公司奕瑞合肥增资6亿元，并投资不超过18亿元建设硅基OLED微显示 背板生产项目。项目预计建设周期为12个月，预计内部收益率为11.01%，预计投资回收期(所得税后)为 6.7年。资金来源为公司自有及自筹资金、视涯科技股份有限公司履约保证金。项目旨在新增硅基OLED 微显示背板产能5000张/月，以满足特定客户及视涯科技需求。 ...

随着汽车产品向智能化信息化交互化发展，汽车照明系统也向交互化数字显示方向进步，具体应用包括 HUD、数字大灯、迎宾灯和倒车灯等。数字光芯与下游头部客户共同开发了061数字大灯芯片，目前已 向下游10余家客户销售。 同时数字光芯正在开发动态迎宾灯、HUD、倒车灯等产品。 随着MicroLED技术快速进步，下游应用市场逐步进入高成长阶段。根据MicroLED行业协会的最新报 告，MicroLED将在未来几年首先出现在可穿戴设备、XR头显以及车载应用中。AR领域是Micro LED最 早实现产业化量产领域，数字光芯针对AR领域已推出0.12英寸480P Micro LED驱动解决方案，并被下 游Micro LED封装全行业客户采纳。2024年部分客户已实现产业化量产。产品成熟度最高，销售转化速 度最快。 同时，数字光芯正在进行低成本和高性能AR芯片开发，形成面向AR领域的全分辨率硅基显示驱动产品 矩阵。数字光芯AR系列产品在设计之初也兼容设计单片全彩方案，因此数字光芯也是目前全球Micro LED单片全彩量产驱动方案的领跑者。 投资界5月23日消息，数字光芯于近日完成数千万人民币A+轮融资，由广东横琴深合产业投资领 ...

Investment Rating - The report maintains an "Outperform" rating for the chemical industry, indicating a positive outlook based on current valuations and expected demand recovery [1]. Core Insights - The basic chemical industry showed a year-on-year recovery in profitability in Q1 2025, with revenue and net profit increasing by 5.58% and 13.33%, respectively [4][45]. - The oil and petrochemical sector's performance remains stable despite short-term fluctuations in oil prices, with a slight decline in revenue and net profit [27][33]. - The report highlights that the construction projects in the basic chemical sector experienced a negative growth for the first time in five years, indicating potential challenges ahead [20]. Summary by Sections Industry Overview - In Q1 2025, the basic chemical industry achieved total revenue of 534.57 billion yuan and a net profit of 34.26 billion yuan, marking the first year-on-year growth in nearly three years [4][5]. - The oil and petrochemical sector reported total revenue of 1,931.83 billion yuan, a decrease of 6.78% year-on-year, with net profit declining by 6.35% [27][30]. Profitability Metrics - The basic chemical industry's gross margin and net margin improved to 16.91% and 6.63%, respectively, with a return on equity (ROE) of 1.85% [11][45]. - The oil and petrochemical sector maintained a gross margin of 19.19% and a net margin of 5.74%, with a slight decrease in ROE to 2.82% [33][38]. Sub-industry Performance - Among 33 sub-industries in the basic chemical sector, 22 reported revenue growth, with significant increases in other chemical raw materials (+29.08%) and compound fertilizers (+25.84%) [4][10]. - The oilfield services segment within the oil and petrochemical sector saw a robust net profit growth of 29.82% [27][31]. Construction and Investment Trends - The basic chemical sector's construction projects totaled 363.16 billion yuan, reflecting a 6.04% year-on-year decrease, the first negative growth in five years [20][23]. - The oil and petrochemical sector's construction projects increased by 8.23% to 582.72 billion yuan, indicating ongoing investment despite revenue declines [40][41]. Market Valuation - As of May 11, 2025, the price-to-earnings (P/E) ratio for the basic chemical sector was 21.92, and for the oil and petrochemical sector, it was 10.58, both indicating low historical valuations [1][23].