Investment Rating - The report does not explicitly state an investment rating for the smartphone screen production industry Core Insights - The smartphone screen production industry is characterized by high technical barriers and a highly concentrated supply chain, with key materials and equipment dominated by a few international giants [4][12][14] - The market for flexible AMOLED displays is rapidly growing, with a significant increase in shipments and market share [15][40] - The industry is expected to see continued growth driven by advancements in display technologies, including foldable screens and micro-LEDs [42] Summary by Sections Industry Definition - The smartphone screen production process involves the transformation of raw materials like glass substrates, liquid crystal, OLED materials, and conductive layers into high-resolution display modules, requiring expertise in materials science, optics, and electronic engineering [5] Industry Classification - The industry can be classified by display technology (LCD, OLED, Micro-LED) and product form (flat screens, curved screens, foldable screens) [6][9][11] Industry Characteristics - High technical barriers exist due to the complexity of production processes and the need for precision equipment [13] - The supply chain is highly concentrated, with a few companies controlling the majority of the market share in key materials and equipment [14] Development History - The industry has evolved from early LCD technology to the current dominance of OLED and flexible displays, with significant technological breakthroughs expected in the future [16][20] Industry Scale - The market size of the smartphone screen production industry is projected to grow from 742.90 billion RMB in 2025 to 874.45 billion RMB by 2029, with a compound annual growth rate of 4.16% [38] Market Trends - The demand for AMOLED displays is increasing, with sales expected to reach 2,992 billion RMB by 2030, driven by their advantages in quality and energy efficiency [40] - The foldable screen market is also expanding, with a 53.1% year-on-year increase in shipments in Q1 2025 [42] Competitive Landscape - The industry is characterized by high concentration, with major players like Samsung, LG, and BOE leading the market [48][50] - Domestic manufacturers are rapidly increasing their market share, with BOE becoming a key supplier for major brands like Apple [50]

证券日报网讯 TCL科技（000100）9月17日在互动平台回答投资者提问时表示，公司在IFA2025展示了 多款创新显示技术产品。公司星智大模型在半导体显示研发、生产等方面均有较好应用。 ...

Core Viewpoint - TCL Technology is investing 29.5 billion yuan to build an 8.6-generation inkjet printing OLED production line in Guangzhou, aiming to meet the growing market demand for OLED displays in various applications, including IT products and gaming [2][4][10]. Investment and Production Details - The new production line will have a glass substrate size of 2290mm x 2620mm and a capacity of 22,500 sheets per month, with a planned construction period of 24 months, expected to start operations in November 2025 [3][4]. - This investment is a response to the increasing demand for OLED displays, as existing production capacities are unable to meet market needs [4][11]. Technology and Market Trends - The investment aligns with the trend of high-generation OLED production, as traditional 5.5-generation lines are not economically viable for larger IT panels due to low glass substrate utilization [4][10]. - The inkjet printing OLED technology is expected to significantly reduce production costs and improve efficiency, making it suitable for mid-size displays in the IT market [10][13]. Competitive Landscape - The global OLED market is seeing a shift, with TCL and other Chinese manufacturers aiming to challenge the dominance of Korean firms by adopting innovative technologies like inkjet printing, which bypass traditional evaporation methods [5][19]. - As of now, there are four 8.6-generation OLED production lines globally, with TCL's line being one of the largest in terms of capacity [17][18]. Future Outlook - The successful implementation of the inkjet printing OLED technology could lead to a "price revolution" in mid-size OLED panels, making them more accessible in mainstream consumer markets [16][20]. - The competition in the OLED market is expected to intensify, with various technologies coexisting, including FMM evaporation, inkjet printing, and ViP technology, each vying for market share [20][21].

9月11日，京东方全球创新伙伴大会2025（BOE IPC 2025）在北京中关村国际创新中心开幕。 在IPC大会现场，京东方展出了200余款由三大技术品牌赋能的首发显示技术。 其中，在f-OLED展区内，京东方全球首款17英寸卷曲轻终端和首个卷曲形态结合AI软件的AI柔音 屏。 图片来源：京东方 据悉，17英寸卷曲轻终端长约18厘米，宽约22厘米，厚度不到50微米，可卷曲6圈半，并且展开 无折痕，可清晰显示出3K分辨率画面, 是全球卷曲圈数最多，卷曲距离最长的电动卷曲便携终端。 京东方表示，该卷曲终端通过公司自有的图形化技术方案实现，并应用了包括超100项的技术专 利，屏幕具有横向刚性，纵向柔软的特点，未来该技术将应用在便携式笔记本电脑，便携式液晶电 视等多个领域中。 而在α-MLED展区内，京东方全新推出的BYH Ultra P0.9 MLED产品，在10lux环境下ACR达 20000:1超高对比度；新一代COG P0.9无缝拼接显示模组薄至6mm，轻至12kg/㎡。 在ADS Pro展区内，京东方展示了具有超高环境光对比度的110英寸UB Cell 4.0 TV，超高刷新率 与高动态范围的31.5英寸 ...

Core Viewpoint - Hisense showcased its latest display technology at the 2025 IFA in Berlin, featuring the world's largest 116-inch RGB-Mini LED TV and a range of innovative products, highlighting advancements in display technology and market leadership in large-screen televisions [1][3][7] Group 1: Product Innovations - Hisense introduced the world's first mass-produced RGB-Mini LED ultra-flagship TV, the UX, which features a 116-inch screen, achieving 100% BT.2020 color gamut and 100% color purity, along with low blue light for eye protection [3] - The U7S Pro, a new RGB-Mini LED TV, was unveiled, inheriting high color accuracy and low blue light features from the UX but at a more affordable price, making advanced display technology accessible to more households [3] - The Micro LED giant screen product offers customizable sizes up to 271 inches and features a 24mm ultra-thin body for "zero wall" installation, redefining display boundaries [4] Group 2: Laser TV Developments - Hisense presented two groundbreaking laser TV products, including the X1 Ultra, which utilizes cinema-grade technology to deliver an IMAX-like experience at home with a 120-inch foldable screen and 110% BT.2020 color gamut [4] - The world's first 100-inch rollable laser cinema can retract into a compact form, integrating seamlessly into home decor while providing a high-quality viewing experience [4] Group 3: Market Position and Future Outlook - Hisense's display technology advancements reflect a shift in the Chinese display industry from follower to leader, with a reported 58% global market share for TVs 100 inches and larger in the first half of 2025 [7]

Core Viewpoint - Hisense showcased its leadership in display technology at the 2025 IFA in Berlin, presenting a range of innovative large-screen display products, including the world's largest 116-inch RGB-Mini LED TV and the first 100-inch rollable laser cinema, highlighting its advancements in RGB-Mini LED, laser display, and Micro LED technologies [1][3][5]. Group 1: Product Innovations - Hisense unveiled the world's first mass-produced RGB-Mini LED flagship TV, the UX, featuring a 116-inch screen, achieving 100% BT.2020 color gamut and 108 bits color precision, setting a new standard for LCD displays [3][4]. - The U7S Pro, a new RGB-Mini LED TV, was introduced at a more accessible price point while maintaining high color accuracy and low blue light features, making advanced display technology available to a broader audience [4]. - The Micro LED giant screen can be customized up to 271 inches and features a 24mm ultra-thin design, allowing for flexible installation and breaking traditional display size limitations [4]. Group 2: Laser Television Advancements - Hisense launched two groundbreaking laser TVs, including the X1 Ultra, which offers a 120-inch foldable screen with cinema-grade color accuracy, enhancing home viewing experiences [5]. - The world's first 100-inch rollable laser cinema was also introduced, featuring a unique design that allows the screen to retract into a compact form, integrating seamlessly into home decor [5]. Group 3: Market Position and Achievements - Hisense's performance at IFA 2025 reflects the company's transition from a follower to a leader in the global display industry, with a reported 58% market share in shipments of 100-inch and larger TVs in the first half of 2025, solidifying its position as the world's largest supplier [7].

Core Viewpoint - Wuhu Yingri Technology Co., Ltd. has completed the counseling filing registration with the Anhui Securities Regulatory Bureau and plans to list on the Beijing Stock Exchange, indicating a significant step towards capital market access and growth potential in the high-performance sputtering target materials sector [2]. Company Overview - Established in 2015 and headquartered in Wuhu, Anhui, Yingri Technology specializes in high-performance sputtering target materials, including ITO rotary targets, metal/alloy targets, and high-purity copper, aluminum, molybdenum, and nickel-vanadium targets for semiconductor applications [2]. - The company went public on the New Third Board in August 2025 and has over 200 patents [4]. Financial Performance - In 2023, Yingri Technology reported revenue of 522 million yuan and a net profit of 63 million yuan [4]. - The company has established a cleanroom facility of 20,000 m², with an annual production capacity of 1,200 tons for ITO rotary targets and 500 tons for metal/alloy targets [4]. Production Capacity and Expansion Plans - Yingri Technology supplies major clients such as BOE, Tianma, Huaxing Optoelectronics, Longi, and Tongwei [4]. - In 2024, the company will initiate a 300 million yuan expansion project to build a new automated production line for 6,000 tons of large-size ITO rotary targets, expected to be operational in the first quarter of 2026, which will double its total production capacity [4].

Group 1 - The core viewpoint of the news is that BOE Technology Group Co., Ltd. has made significant advancements in its patent applications and R&D investments, indicating a strong focus on innovation in the display technology sector [2]. - BOE has published 764 international patent applications this year, representing a 20.31% increase compared to the same period last year [2]. - In the first half of 2023, BOE invested 6.046 billion yuan in R&D, which is a year-on-year increase of 4.13% [2]. Group 2 - The disclosed patent relates to a touch display panel and its manufacturing method, which aims to improve production efficiency and reduce costs by eliminating the need for additional integrated circuits (ICs) [1]. - The touch display panel features a display area and a fan-out area, with specific configurations for transparent electrodes and touch metal wires to enhance display effects and yield rates [1].

Group 1 - The core viewpoint of the news is that Kunshan Longteng Optoelectronics Co., Ltd. has applied for a patent for a "dual-stable liquid crystal display device and control method," indicating innovation in display technology [1] - The patent application was filed on June 2025, and the publication number is CN120526727A, showcasing the company's ongoing efforts in research and development [1] - The dual-stable liquid crystal display device includes a touch detection unit that enhances display performance by refreshing the current image when pressed, thus improving display quality and avoiding unevenness [1] Group 2 - Kunshan Longteng Optoelectronics Co., Ltd. was established in 2005 and is located in Suzhou, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has a registered capital of 333,333.34 million RMB and has made investments in 2 enterprises, participated in 183 bidding projects, and holds 3978 patent information [2] - Additionally, the company possesses 17 trademark information and has 19 administrative licenses, indicating a robust intellectual property portfolio [2]

Core Viewpoint - The article discusses the revolutionary potential of Micro-LED technology in the display industry, highlighting Shenzhen-based Siton Technology as a leader in this field, which is transforming visual experiences and paving the way for future applications in various sectors [1][3][4]. Group 1: Micro-LED Technology Overview - Micro-LED technology represents a significant advancement in display technology, characterized by self-emitting pixels that offer high brightness (up to 10 million nits), low power consumption (10% of LCD and 50% of OLED), and exceptional response times [5][6]. - The technology is seen as a solution to the limitations of previous display technologies such as LCD and OLED, which struggle with brightness, power efficiency, and longevity [5][6]. Group 2: Development Journey of Siton Technology - Siton Technology was founded in 2018 by Dr. Liu Zhaojun and Dr. Qiu Chengfeng, combining expertise in technology and industrialization to advance Micro-LED applications [12][13]. - The company established the first Micro-LED pilot production line in Shenzhen in 2019, and has since expanded to a production base in Xiamen, with plans for mass production in 2024 [13][18]. Group 3: Market Potential and Future Outlook - The global Micro-LED market is projected to reach $1.4 billion in 2024 and $9.3 billion by 2030, indicating strong growth potential [15]. - China is emerging as a leader in Micro-LED technology, with the highest number of patent applications in 2020, and government support for new display technologies [15][16]. - Siton Technology's innovations and strong manufacturing capabilities position it well to capitalize on the growing demand for advanced display solutions across various industries, including AR, medical, and consumer electronics [8][16][19].