Core Viewpoint - Intel and BOE are collaborating to develop AI-based energy-saving solutions for laptop display screens, aiming to balance energy efficiency and visual quality while extending battery life and ensuring excellent visual experience [1] Group 1 - The new technology is expected to be implemented in OEM products using Intel platforms by 2026 [1]

期数： 2025年10月刊 分类： 会员服务—显示面板产业月度市场发展趋势概况 主题： Q3'25 国内TFT-LCD面板厂平均稼动率高于预期，Q4'25 预计低于80% 概要： 内容涵盖中国大陆TFT-LCD面板厂2025年第三季度平均稼动率及主要面板厂稼动率变 化状况，并对2025年第四季度稼动率进行预测。 大纲： 1. 中国G4.5~G6 LCD面板量产线最新产能列表 2. 中国G8.5~G11 LCD面板量产线最新产能列表 3. Q3'25 中国大陆LCD产线平均稼动率统计 4. Q3'25 LTPS LCD面板产线稼动率统计 5. Q3'25 BOE京东方LCD面板产线稼动率统计 6. Q3'25 CSOT华星光电LCD面板产线稼动率统计 7. Q3'25 TM天马LCD面板产线稼动率统计 8. Q3'25 HK C惠科LCD面板产线稼动率统计 9. Q3'25 CHOT咸阳彩虹LCD面板产线稼动率统计 10. Q4'25 全球及中国大陆LCD面板厂稼动率预测 温馨提示： * 请 会 员 单 位 通 过 会 员 登 陆 平 台 下 载 或 邮 件 接 收 此 份 报 告 。 * 如 需 了 解 更 ...

Core Viewpoint - The article discusses the evolution of Head-up Display (HUD) technology in smart cockpits, highlighting the increasing interest in Micro LED technology due to its high brightness and contrast, which meets the growing demands of automotive displays [2][3][4]. Group 1: Evolution of HUD Technology - HUD technology originated in military aircraft to provide pilots with critical information without looking down [3]. - The introduction of HUD in the automotive sector faced challenges due to high manufacturing costs and limited product maturity [3]. - Recent advancements in smart cockpits and ADAS have increased the need for HUDs to display various information, making them essential for safety and information access [3][4]. - The evolution of HUDs includes transitions from traditional C-HUD to W-HUD, AR-HUD, and P-HUD, with increasing requirements for brightness, contrast, and reliability [3][4]. Group 2: Micro LED Technology - Micro LED technology is characterized by high brightness, contrast, and transparency, making it suitable for AR-HUD and P-HUD applications in vehicles [4]. - The demand for Micro LED HUDs is driven by the need for better integration of virtual and real information in automotive settings [4]. Group 3: Panel Manufacturers' Involvement - Major panel manufacturers such as TCL, BOE, and others are rapidly entering the Micro LED HUD market, launching new products and technologies [5][15]. - The competition among panel manufacturers is intensifying as they aim to establish a foothold in the emerging HUD technology market [5][15]. Group 4: Product Highlights - TCL has introduced a 10.25-inch Micro LED HUD with a brightness of 20,000 nits in 2023 and plans to launch a 14.3-inch version by 2025 [6][7]. - BOE has launched a 6.2-inch RGB Micro LED HUD with a brightness of 30,000 nits and a monochrome version with a peak brightness of 300,000 nits [8]. - Other manufacturers like Deepinma and Innolux are also developing high-brightness Micro LED HUD products, emphasizing high resolution and contrast [10][13]. Group 5: Market Dynamics and Financial Performance - The automotive display market is seen as a stable and profitable sector compared to the volatile consumer electronics market, with high reliability and long certification cycles [15][16]. - Deepinma reported a revenue of 17.475 billion yuan in the first half of the year, with a 27% growth in automotive display revenue [16][17]. - BOE's automotive display business achieved a revenue of 6.245 billion HKD, reflecting a 9% increase year-on-year [16][17]. Group 6: Strategic Shifts in the Panel Industry - The panel industry is transitioning from traditional LCD technologies to advanced solutions like Micro LED, driven by the need for higher value-added products [18][20]. - The restructuring of the automotive supply chain allows panel manufacturers to engage directly with automakers, enhancing their competitive position [19][20]. - Manufacturers are investing in Micro LED production lines to prepare for future market demands [21]. Group 7: Future Outlook - Micro LED HUDs are expected to first appear in high-end vehicles before becoming more accessible in mid-range models as technology matures and costs decrease [22]. - The article emphasizes the importance of overcoming technical challenges in the Micro LED industry, such as high costs and yield rates, to succeed in the automotive display market [22].

LTPS方面：受益于车载显示增长及笔电/平板新品迭代需求，LTPS产线普遍处于高稼动运转状态，产能 供应紧张。然而，其在智能手机应用领域的需求依旧疲软，市场供需呈现结构性平衡，10月价格以持平 为主； AMOLED方面：刚性AMOLED面板需求受柔性替代冲击持续萎缩，价格低位企稳；柔性AMOLED则呈 现"量稳价跌"态势，主力厂商稼动率普遍处于高位。为达成第四季度满稼动目标并提前布局明年产能， 各厂商正积极争抢订单，并在竞标中主动采取价格让步，推动柔性AMOLED面板价格持续处于下降通 道； CINNO Research首席分析师周华Charley表示，随着国内"双十一"、国外"黑五"促销季临近，第四季度 手机面板市场延续高稼动率运行态势。不同技术路线走势持续分化：a-Si面板依托低端市场需求韧性维 持稳定，但价格承压；LTPS产线因车载及笔电/平板需求支撑稼动率高位运行；柔性AMOLED则在产能 扩张与项目争夺中开启价格下行通道，整体呈现"量稳价跌"的结构性调整特征。CINNO Research预测， 2025年10月和11月a-Si模组价格仍将小幅下降；LTPS面板价格持平；刚性AMOLED面板价格短期内 ...

Core Viewpoint - The smartphone display panel market is experiencing high operating rates in Q4, with distinct trends emerging across different technology routes as the domestic "Double Eleven" and international "Black Friday" promotional seasons approach [2][3]. Group 1: Market Trends - The a-Si panel market is stable due to resilient low-end demand, but prices are under pressure [3]. - LTPS production lines are operating at high rates supported by demand from automotive displays and new iterations of laptops and tablets, although smartphone demand remains weak [3]. - Flexible AMOLED panels are entering a price decline phase due to capacity expansion and competitive bidding among manufacturers, leading to a structural adjustment characterized by stable volume but falling prices [3]. Group 2: Price Predictions - a-Si module prices are expected to continue a slight decline through October and November 2025 [4]. - LTPS panel prices are anticipated to remain stable [4]. - Rigid AMOLED panel prices are expected to stabilize in the short term, while flexible AMOLED panel prices will continue to decline [4].

Core Insights - The TCL Huaxing T8 project officially commenced in Guangzhou with a total investment of approximately RMB 29.5 billion [1] - The T8 project is the world's first mass production G8.6 generation printed OLED production line, designed to process about 22,500 glass substrates per month [1] - The products will initially target medium-sized applications such as monitors, laptops, and tablets, with plans to expand into higher value-added display applications in the future [1] Company Developments - TCL Huaxing's CEO Zhao Jun stated that the T8 project will accelerate the establishment of a cluster of upstream and downstream enterprises related to key materials, core equipment, and components for printed OLEDs [1] - The T8 project will create a comprehensive industrial ecosystem covering "materials-equipment-panels-terminals" [1] - The T8 project will synergize with existing T9 and T11 production lines in Guangzhou, as well as current lines in Shenzhen and Huizhou, enhancing the efficiency from material research and development to complete machine manufacturing [1]

Core Insights - The article discusses the price trends of various display panels as reported by TrendForce, indicating a slight decrease in prices for certain television and laptop panels in October 2025, while monitor panel prices remained stable [2][6]. Price Trends by Application - **Television Panels**: - 65-inch TV panel average price is $171, down by $2 or 1.2% from the previous month, with a range of $165 to $174 [6]. - 55-inch TV panel average price is $123, down by $1 or 0.8%, with a range of $117 to $126 [6]. - 43-inch TV panel average price is $64, with a range of $62 to $66 [7]. - 32-inch TV panel average price is $35, with a range of $34 to $36 [8]. - **Monitor Panels**: - 27-inch IPS panel average price is $63, with a range of $57.6 to $65.8 [10]. - 23.8-inch IPS panel average price is $49.9, with a range of $47.1 to $51.4 [11]. - **Laptop Panels**: - 17.3-inch TN panel average price is $38.2, down by $0.1 or 0.3%, with a range of $37.6 to $39.7 [12]. - 15.6-inch Value IPS panel average price is $40.2, down by $0.1 or 0.2%, with a range of $38.5 to $41.8 [12]. - 14.0-inch TN panel price has stabilized at $26.9 since July 2024, with a range of $26.4 to $28.1 [12]. - 11.6-inch TN panel price has also stabilized at $25.1 since July 2024, with a range of $24.2 to $26.5 [12].

锚点二：2026年电视面板折旧完成比例有望突破50%，未来三年主流尺寸成本竞争力预计加速提升 智通财经APP获悉，群智咨询(Sigmaintell)10月14日发文称，着眼当下，随着面板厂商策略从"以产定销"转向"以销定产"，全球 LCD TV面板市场进入良性利润循环周期。放眼未来，群智咨询认为，电视面板市场的四大锚点，是产业践行"长期主义"，即 实现稳定获利的核心要义。 锚点一：2026年起头部厂商份额预计稳定在70%以上，"马太效应"为电视面板稳健运营打下基石 近十年来，是全球LCD TV面板产能高度向中国大陆聚集，并形成了以BOE和TCL CSOT为首的双巨头竞争格局的十年。步入 2025年，这一趋势在TCL CSOT并购LGD广州产线以及BOE入股CHOT等事件推动下更加凸显。群智咨询测算数据显示，2025 年TCL CSOT在t11产能加持下市场份额从20%增加到24%，预计未来产能效率提升后份额有望超过25%;与此同时，如将BOE入 股CHOT看作经营共同体，则2026年BOE系份额将从26%跃升至32%。由此，头部三家面板厂商LCD TV面板份额预计从2026年 开始长期稳定在72%左右高位水平 ...

从面板供给侧来看，据CINNO Research数据显示：今年三季度，电视品牌厂商增加采购订单，面板厂依据品牌订单按需生产，高世代线平均稼动率预计 提升至82%，环比增长近三个百分点，带动LCD TV面板出货量同比增长7.6%。进入四季度，为应对需求回调，多数面板厂在10月第一周通过5~7天的产 能调控，预计10月稼动率将回落至80%以下。此次休假策略不仅直接助力面板厂在10月底前控制库存、节约运营成本，也有助于缓和电视市场的潜在供需 矛盾，进而为10月LCD TV面板价格的稳定构筑了关键支撑。 CINNO Research统计数据表明，今年10月面板整体需求维持稳定，预计绝大部分面板价格将趋于稳定，具体来看，32"至75"面板价格与9月相比基本持 平，预计价格分别为：32美元、64美元、88美元、110美元、165美元和221美元，不过，85"和98"等超大尺寸因需求支撑不足，价格或将承压微跌，预计 分别下跌2美元和5美元至290美元和455美元水平。展望后市，四季度面板价格走势后续将聚焦于面板厂的控产力度以及终端市场的消费能力。 CINNO Research 简评 今年三季度，品牌商为应对年终旺季而进行的 ...

近日，韩媒《 朝鲜日报 》报道， 韩国与中国在高端电视显示技术上的竞争日趋激烈， 韩国方面 继续聚焦 有机发光二极管（OLED） 技术发展，持续优化OLED面板成本。 韩媒表示， 据业内人士透露，LG Display生产的65英寸OLED电视面板成本预计很快将降至500 美元（约合人民币3650元）以下。 而在2024年， LG Display 已 通过良率提升与产线优化， 将 OLED电视面板 成本从 2020年 的 1000美元降至约600美元，预计 今年OLED面板成本 进一步下探。LG Display还 计划在2026 年通过改变显示驱动IC（DDI）结构等设计创新继续压缩成本。 近 年，LG Display持续扩大OLED产能并稳定产线良率，实现 OLED 成本 的持续下降 。业内分 析认为，这一趋势有望使LG Display在OLED业务上实现每年超过1万亿韩元（约合人民币52亿 元）的营业利润。 相关行业 人士指出，OLED电视的成本优势与成熟供应链， 将 使其在未来一至两年内仍将稳居高 端电视市场的主导地位 。（ 集邦Display整理 ） #OLED #LGD #电视 ( 2025年10月3 ...