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]