（文章来源：证券日报） 证券日报网讯 12月4日，豪威集团在互动平台回答投资者提问时表示，公司的LCOS产品采用特有的一 体化驱动设计，具有体积小、像素密度大、像素间距窄、功耗低和显示效果好等特点，在智能眼镜 （XRHeadsets，包括AR/AI眼镜等）、微型投影、汽车增强现实抬头显示（AR HUD）及全光通信传输 网的波长选择开关（WSS）中已实现量产供应。TrendForce报告显示，LCOS是目前综合表现最均衡的 光引擎技术选项。未来，公司也将密切关注相关市场需求变化，持续动态跟踪包括LCOS、MicroLED技 术在内的多种未来前沿技术路线的发展进程，结合公司核心优势与战略布局，灵活调整技术投入与发展 方向，确保公司在技术变革中始终占据有利地位，为投资者持续创造价值。 ...

Group 1 - The core viewpoint of the article is that Visionox (002387) is developing a leading flexible AMOLED technology platform through its investment in the Kunshan Global New Display Industry Innovation Center project [1] - The project aims to focus on cutting-edge display technology development, product delivery for XR and X-ray, and the transformation of perovskite and glass substrate results in the semiconductor sector [1]

Core Viewpoint - The company, Visionox (002387), emphasizes its commitment to innovative research and development in cutting-edge display technologies, particularly in the AMOLED and Micro-LED sectors [1] Group 1: AMOLED Product Applications - The company's AMOLED product application capabilities span various fields, including smart wearables, smartphones, tablets, laptops, automotive displays, and smart home devices [1] - In the automotive display sector, the company has launched several innovative technologies and products, such as flexible AMOLED central control screens, AMOLED under-screen directional sound technology, transparent automotive display solutions, visual "A" pillar flexible screens, and flexible AMOLED smart skins [1] - Some of these innovative results have already been mass-produced based on terminal demand [1] Group 2: Micro-LED Developments - In the Micro-LED field, the company's subsidiary, Chengdu Chenxian, is actively engaged in the commercial display sector, continuously innovating and iterating products [1] - The company has released the world's first 108-inch P0.7 TFT-based Micro-LED display screen, along with several domestic and international first Micro-LED splicing screens [1]

Core Insights - TCL Technology reported a significant increase in revenue and net profit for the first three quarters of 2025, with total revenue reaching 135.9 billion yuan, a year-on-year growth of 10.5%, and net profit attributable to shareholders at 3.05 billion yuan, up 99.8% [1] - The company achieved a net profit of 1.16 billion yuan in Q3 alone, reflecting a quarter-on-quarter increase of 33.6% and a year-on-year increase of 119% [1] Business Performance - The display business showed a strong recovery, with TCL Huaxing achieving a revenue of 78.01 billion yuan in the first three quarters, a year-on-year increase of 17.5%, and a net profit of 6.1 billion yuan, up 53.5% [2] - The market share for large-size displays increased by 5 percentage points to 25%, while the small-size business experienced explosive growth, with notebook panel sales soaring by 63% and mobile terminal LCD shipments rising by 28% [2] Technological Advancements - The company is advancing in cutting-edge display technologies, with the G5.5 production line capacity increasing from 3K/month to 9K/month, and plans for mass production of Micro LED by the end of the year [3] - The launch of the world's first high-generation printed OLED production line marks a significant milestone for TCL in the global display technology landscape [3] Solar Business Development - The solar business showed improvement, with sales revenue reaching 16.01 billion yuan in the first three quarters, reflecting a 22% quarter-on-quarter improvement [4] - The company is focusing on high-efficiency and high-value-added products, with non-silicon costs decreasing by over 40% since the beginning of the year [4] Other Business Segments - The company’s other business segments also performed well, with Maojia Technology, the largest TV OEM globally, achieving revenue of 16.86 billion yuan, a year-on-year increase of 10% [5] - The display OEM business grew rapidly, with shipment volume increasing by 21% and market share rising to 8.2% [5] Market Outlook - In the fourth quarter, panel prices are expected to stabilize due to upcoming sports events, and the "anti-involution" policy is anticipated to further boost the solar industry, leading to enhanced profitability across TCL's main businesses [6]

Core Insights - The technology sector is buzzing with discussions about Apple's upcoming devices, specifically the "iPhone 20" and a foldable iPhone, generating significant interest among tech enthusiasts [1] Group 1: Upcoming Devices - The foldable iPhone is expected to have a design similar to the recently released iPhone Air, featuring a thickness of approximately 4.5 to 4.8 millimeters, making it thinner than the iPhone Air's 5.6 millimeters [4] - Apple plans to incorporate COE technology into the "iPhone 20" by 2027, which is a cutting-edge display technology that integrates light-emitting and color-filtering functions into a single glass panel, resulting in a thinner and brighter display [4] - The "iPhone 20" is anticipated to feature a fully glass design with edge-to-edge display, although it may not reach the same level of innovation as the iPhone X [5]