Group 1 - The core viewpoint of the news is that China has made significant advancements in the display equipment sector, particularly with the launch of three high-end devices for the mass production line of 8.6-generation large-sized OLED screens [1][3]. Group 2 - The three high-end display equipment launched include a multi-application inkjet film deposition platform, the first domestic large-area bonding equipment, and the first domestic EHD dispensing equipment, all aimed at enhancing the production of large-sized OLED screens [3]. - The introduction of these domestic display equipment is expected to facilitate the mass production of new display products that are larger, more efficient, and cost-effective, marking a new phase of domestic high-end manufacturing in the display industry [3]. Group 3 - China's new display industry has achieved a global market share of 55% in display panels and 43% in display materials, leading the world in both categories [5]. - The industry is projected to surpass $100 billion (approximately 740 billion RMB) in value by 2024, with a year-on-year growth of 12%, and is expected to exceed $110 billion (close to 800 billion RMB) by the end of 2025, with a growth rate of about 5% [5].

Core Viewpoint - The Chinese new display industry is undergoing a transformation from large to strong, requiring internal measures to prevent industry over-competition and external strategies to enhance resilience against pressures [1] Group 1: Industry Competition and Development - The industry needs to focus on orderly competition based on market demands to ensure stability and sustainable development, avoiding internal competition [2] - The new display industry has shown significant advantages compared to other sectors, maintaining stability despite a challenging market environment [2] - In 2024, the global new display industry is projected to grow by 17%, reaching a scale of $219.8 billion, with China's share being $108 billion, accounting for half of the global market [2] Group 2: Technological Advancement and Challenges - Despite significant investments in the display panel industry, there are still shortcomings in leading technologies and high-value-added products, with China's actual sales revenue not matching its 70% global shipment share [3] - The industry aims to become a "long board" industry, ensuring supply chain security and contributing to global display industry development [3] - The domestic new display industry is facing challenges in the localization of core raw materials, which affects high-quality development [5] Group 3: Market Dynamics and External Pressures - The domestic display industry is encountering investigations and lawsuits from international giants due to its increasing technological capabilities and market share [7] - Currently, international giants hold over 50% of the high-end market, leaving less than 10% for Chinese companies, but new entrants are significantly impacting prices [7] - Strengthening technological exchanges and joint research while adhering to international rules is essential for promoting a win-win global industrial chain [7]