Group 1 - Counterpoint Research indicates that 2023 will be a pivotal year for the production lines of high-generation (G8.6 / G8.7) IT OLED, with major investments from Samsung Display, BOE, Visionox, and TCL Huaxing driving conventional OLED equipment capital expenditures to account for 84% of the industry total [1] - LG Display is expected to adopt a lithography patterning technology route for its unannounced high-generation IT OLED production line, similar to the approaches of Visionox ViP and JDI eLEAP [4] - The report forecasts that from 2023 to 2030, two-thirds of global display equipment capital expenditures will be allocated to conventional OLED, with Micro OLED receiving 2% and Micro LED not yet included in the statistics [4]

Core Viewpoint - Micro LED display revenue is expected to double year-over-year, increasing from $52.4 million in 2025 to $105.4 million in 2026, driven by advancements in manufacturing and new product adoption [1] Industry Summary - The Micro LED display market is projected to experience significant growth due to maturing manufacturing capabilities and the introduction of new products [1] - Current applications for Micro LED displays include public displays, ultra-large TVs, smart watches, and smart glasses, although these remain limited at present [1] - The anticipated growth in shipments and revenue is expected to occur in the near term as the technology matures [1]

Group 1 - The T8 project by TCL Huaxing has completed 40% of its main construction, with a total investment of 29.5 billion RMB, focusing on the production of printed OLEDs for medium-sized displays [1] - The project is designed to process approximately 22,500 glass substrates per month, with initial applications in monitors, laptops, and tablets [1] - Key construction milestones have been achieved ahead of schedule, including the completion of the first waffle slab for L20 layer 20 days early and the first roof slab 40 days early [1] Group 2 - TCL Huaxing has initiated the equipment bidding process for the production line, with 17 items announced, including various types of printers and deposition machines [3] - The timing of the bidding suggests that equipment suppliers may have already been selected, indicating a strategic approach to project execution [4] - The T8 project is expected to shift the high-generation OLED technology landscape from a single technology route to a dual approach of printing and evaporation, enhancing China's competitive position in the global medium-sized OLED market [4]

Core Viewpoint - The article highlights TCL Huaxing's innovative display technologies showcased at the "Snow Velvet Wonderland" exhibition during the Milan Winter Olympics, emphasizing their commitment to immersive viewing experiences, sustainability, and technological advancement in the display industry [3][20]. Group 1: Display Technology Innovations - TCL Huaxing utilizes XR immersive display technology to enhance the viewing experience, featuring products like the Varjo VR with a 3.59-inch 1512 PPI display and dual 8K screens, providing a realistic sense of presence [8][11]. - The exhibition includes a 27-inch 4K 120Hz desktop OLED display that captures fine details, and a foldable 28-inch OLED display that expands from 16 inches, catering to diverse viewing needs [12][14]. Group 2: Sustainability Efforts - TCL Huaxing's 85-inch ultra-low power display achieved European A-level energy efficiency certification, consuming only 1 kWh over three days in static mode, aligning with the green Olympics initiative [15][17]. - The exhibition features multi-size electronic paper displays with low standby power consumption, suitable for outdoor use, demonstrating the practical value of display technology in sustainable event management [15][17]. Group 3: Comprehensive Display Ecosystem - The display solutions provided by TCL Huaxing cover key areas of the Winter Olympics, including competition venues, broadcasting centers, and the Olympic Village, ensuring a cohesive display experience [18][20]. - The collaboration with global partners enhances the viewing experience and supports the promotion of the Winter Olympics, showcasing the importance of unity and cooperation in large-scale events [20][21].

Core Viewpoint - The article discusses the advancements in Micro LED technology, particularly focusing on the launch of the 12-inch high-brightness Micro LED vehicle display by Tianma, which is designed for HUD (Head-Up Display) systems in vehicles. This technology is expected to enhance the clarity and reliability of driving information displays in various automotive applications [2][4][5]. Group 1: Product Features and Technology - The 12-inch Micro LED display features a brightness exceeding 50,000 nits, a contrast ratio of 1,000,000:1, and a color gamut covering NTSC 110%, making it suitable for high-end HUD systems [4]. - The display utilizes a TFT backplane and optimized LED pixel structure, enhancing luminous efficiency while controlling power consumption and heat generation [4][9]. - The Micro LED screen can display navigation, driving data, safety warnings, and ADAS content, providing centralized information for drivers [4]. Group 2: Industry Trends and Competitor Activities - Other panel manufacturers, such as BOE and Innolux, are also advancing in the Micro LED HUD space, with products launched at CES 2023 featuring similar brightness levels [5][6]. - The competitive landscape is evolving, with multiple manufacturers, including Tianma, TCL Huaxing, and BOE, introducing their Micro LED products, indicating a shift towards high-value solutions in the automotive display market [6][7]. Group 3: Market Outlook and Financial Performance - Tianma's projected net profit for 2025 is between 150 million to 180 million yuan, driven by growth in its automotive and professional display segments, which account for over 50% of its revenue [8]. - The automotive supply chain is transforming, with manufacturers seeking direct communication with panel suppliers, pushing for a transition from mere panel suppliers to system-level solution providers [8]. - The completion of Tianma's Micro LED pilot line marks a significant step towards exploring the mass production feasibility of Micro LED technology [9].

Core Viewpoint - TCL Huaxing Optoelectronics is actively expanding its OLED production capabilities through international equipment tenders, indicating a strategic move to enhance its manufacturing capacity and technology in the OLED sector [1][2][3]. Group 1: Equipment Tenders - On February 6, TCL Huaxing Optoelectronics announced 17 equipment tenders, including 4 inkjet printers, 1 deposition machine, 8 sputtering machines, 17 plasma-enhanced chemical vapor deposition (PECVD) machines, 12 dry etching machines, and 2 ion implanters [1]. - The tenders are part of the international bidding process, with a deadline set for February 27, 2026, for various equipment including scanning electron microscopes and focused ion beams, all located in Guangdong Province [2]. Group 2: Production Plans and Market Position - Compared to the investment plan announced in November 2025, the tender timeline has been slightly delayed, but the roadmap for mass production by the fourth quarter of 2027 remains intact [3]. - TCL Huaxing Optoelectronics plans to build an inkjet printing OLED production line in Guangzhou, based on 8.6-generation glass substrates (2290 mm × 2620 mm), with a monthly capacity of 22,500 sheets and a total investment of 29.5 billion RMB, expected to be completed by October 2027 [3]. - With this move, TCL Huaxing becomes the fourth player in the 8.6-generation OLED market, following Samsung Display, BOE, and Visionox [5].

Core Viewpoint - AUO is focusing on key technologies and accelerating development in AI-related fields, as revealed during its corporate briefing on February 10, where it announced its consolidated financial results for Q4 2025 [1]. Group 1: Micro LED Technology - AUO's Micro LED technology has entered the commercialization stage, with applications in wearable devices, large-sized TVs, automotive displays, and transparent displays. The company has progressed from the first generation to a 4.5 generation production line, mastering key technologies and processes in the Micro LED ecosystem [4]. Group 2: AI Development Strategies - AUO is targeting the AI sector with four strategic initiatives: 1. **Physical AI**: The company is developing products and smart services, including smart cockpits and intelligent manufacturing [4]. 2. **Cloud AI / Infrastructure**: AUO is investing in Micro LED optical interconnect technology for Co-Packaged Optics (CPO), which will play a crucial role in short-distance data transmission for future AI data centers [4]. 3. **Low Earth Orbit Satellite Technology**: The company is developing low Earth orbit satellite array antenna modules that are lightweight, transparent, and energy-efficient, eliminating the need for heat sinks [4]. 4. **Edge AI**: AUO is integrating AI applications with anticipated AR glasses, utilizing key technologies for optical waveguides and optical engines [4][5].

Core Viewpoint - Longli Technology has officially commenced production at its Vietnam factory, focusing on high-end display products such as automotive Mini LED to meet customer demands and achieve capacity goals [1]. Group 1: Company Overview - Longli Technology specializes in providing overall backlight display module solutions, with core businesses in consumer electronics like mobile phones, tablets, and notebooks, alongside rapidly growing automotive display and LIPO businesses [4]. - The company has diversified into several future growth potential areas, including AR/VR displays and new precision structural components [4]. Group 2: Automotive Display Business - Longli Technology's Mini LED technology has been applied in new models such as M7, Zeekr 9X, Zhiji LS6, and NIO ES8 [4]. - The company is committed to expanding its automotive display segment, which is a key focus area for future growth [4]. Group 3: Recent Developments - In addition to the Vietnam project, Longli Technology is also advancing new projects domestically, with a new intelligent manufacturing base for display modules set to begin construction in December 2025, involving an investment of approximately 1.375 billion yuan [4].

Core Viewpoint - Jiangxi Chip Vision has successfully completed the debugging of its first production line, marking the official lighting of its first batch of flexible OLED screens, which feature core advantages such as flexibility, ultra-narrow bezels, 120Hz high refresh rates, and high peak brightness [1][4]. Group 1 - The newly lit products cater to high-end smart terminal markets, including flagship smartphones, foldable devices, tablets, and smart wearables, meeting demands for lightweight, personalized, and immersive displays [4]. - The K3 factory, with a total investment of 1 billion yuan, is designed to produce 12 million sets of flexible OLED modules annually in its first phase, equipped with two fully automated production lines [4]. - Upon full production, the project is expected to generate an annual output value exceeding 1 billion yuan [4]. Group 2 - The K3 factory will focus on producing OLED modules characterized by high resolution, high brightness, low power consumption, ultra-lightweight, and long lifespan, targeting next-generation near-eye display devices and covering various applications in consumer electronics, smart wearables, and automotive displays [5]. - Chip Vision specializes in the research and development of silicon-based OLED microdisplay technology, providing silicon-based OLED microdisplay devices and flexible AMOLED display modules for applications in VR/AR, electronic viewfinders, special applications, automotive, and portable smart devices [5].

LG Display表示，此次转让的目的是"优化业务结构、强化盈利模式"。 | SIG显 展 业务 项转让决 】 | ○ 托克 ● 全部 Enter 关键词 Children and Children | | --- | --- | | 主要文献 | 附件文件 豆 下载 合 印刷 | | 2026.02.09 业务转让决定(子公司重大业务 ▽ | > 精选 | | → 本披露由[韩国交易所证券市场总部]管辖。 | | | 业务转让决定(子公司重大业务事项) | | | 子公司 | LG展示南京有限公司 的实质业务需要报告 | | 1. 转让业务 | 汽车显示液晶模块业务 | | 2. 转让业务的详细信息 | 汽车显示液晶模块业务单元转移 | | 3.转让价格(韩元) | 104,109,530,000 | | 4. 转让目的 | 业务结构升级与收入结构增强 | | 5. 预定转会日期 | 2026-07-30 | | 6.转让人 | 顶运行全解决方案(南京)有限公司 | | - 与公司的关系 | | | 7.转移的影响 | 通过转移和外包汽车显示液晶模块内部生产,提升企业整体运 营效率 | | 8. 评估权详 ...