Core Viewpoint - Huike is considering building a 6th generation OLED production line in Mianyang, Sichuan Province, China, and has submitted an approval application to the government in the first half of the year, although specific technology details were not disclosed [1][2]. Group 1: Technology Evaluation - Huike is evaluating two technology options for the OLED production line: the "Full-Cut Fine Metal Mask (FMM)" process and the "eLEAP" process, which does not use FMM [1]. - The FMM process involves a thin metal layer with holes for depositing RGB subpixels, while the eLEAP technology allows for patterning RGB subpixels without FMM, potentially doubling maximum brightness and tripling lifespan [1][5]. Group 2: Market Position and Challenges - Huike aims to enter the OLED IT product market and faces challenges with both technology options [2]. - As a leading panel manufacturer alongside BOE and TCL, Huike currently operates four G8.6 LCD production lines but lacks OLED panel production lines [3]. - The investment decision for the 6th generation OLED line is expected to be finalized in the first half of next year, but equipment manufacturers are cautious about the feasibility of the new technologies [3][5]. Group 3: Industry Concerns - Concerns about market oversupply are significant, especially with Samsung Display and BOE set to operate their 8.6 generation IT OLED production lines, which could meet global demand [5]. - A representative from an equipment manufacturer noted that while the FMM OLED half-cut system is mature, transitioning to a full-cut system is challenging, and the eLEAP technology's practicality and cost-effectiveness need further validation [5].

Core Viewpoint - CarUX Holdings has terminated its strategic partnership with Japan Display Inc. (JDI), which was aimed at developing the next-generation OLED panel technology called "eLEAP" [1][3]. Group 1: Partnership and Technology - CarUX and JDI signed a strategic cooperation agreement for the eLEAP technology in December 2024, focusing on creating a global ecosystem for this technology [1]. - The eLEAP technology utilizes maskless deposition and lithography techniques, allowing for more precise RGB pixel patterning, significantly increasing aperture ratio, achieving higher brightness, and improving production efficiency while reducing costs [1]. - The first 32-inch automotive eLEAP display, developed by CarUX and JDI, is noted for its significant energy efficiency, consuming 76% less power compared to high-end LCD displays of the same size, with a 12% increase in resolution, 15% increase in brightness, and a 690-fold improvement in contrast [1]. Group 2: JDI's Manufacturing Challenges - JDI's Mobara factory, once a key manufacturing site for panels, is set to close by November 2025 due to continuous losses, reducing JDI's operational factories from six to one [3]. - The Mobara factory was crucial for producing TFT-LCD and OLED panels and was a major supplier for Apple’s iPhone screens [3]. - Despite multiple discussions between CarUX and JDI regarding R&D and products, no commercial agreement was reached, and investment discussions were not part of these negotiations [3].