Group 1 - The global LCD demand is expected to grow at an average annual rate of 4% from 2023 to 2029, while industry production capacity is projected to grow only 1% during the same period, indicating a potential supply shortage by 2028 [1][2] - The LCD industry is undergoing a phase of consolidation, with significant transactions such as TCL Technology's acquisition of LGD's Guangzhou LCD factory and BOE's acquisition of a 30% stake in Rainbow [1][2] - Chinese panel manufacturers are expected to control approximately 75% of global LCD capacity, enhancing their market influence and allowing them to maintain a "demand-driven, profit-first" operational strategy [2] Group 2 - The trend of larger-sized televisions is accelerating, and the consolidation of leading players in the industry is expected to support a long-term upward trend in panel prices and volumes [3] - The increasing influence of Chinese consumer electronics brands in the international market is likely to benefit the domestic panel industry, with TCL and Hisense's combined global TV market share rising to 39%, a 6 percentage point increase from the previous year [3]