● 本报记者 万宇 "十五五"规划建议提出，完善产业生态，实施新技术新产品新场景大规模应用示范行动，加快新兴产业 规模化发展。专家表示，相关技术的进步使得一批专业的细分领域日益受到关注，而头部企业的引领带 动作用不可忽视。中国证券报记者近日在调研和采访中发现，印刷OLED领域的技术不断取得突破，部 分企业正积极布局其规模化商用落地。 多款全新显示解决方案亮相 TCL科技旗下TCL华星近日举办了TCL华星全球显示生态大会（DTC2025），展现了其在印刷OLED等 方面的突破。TCL华星相关负责人对中国证券报记者表示，印刷OLED在成本、显示效果等方面具有竞 争优势，应用空间广阔，展望"十五五"，TCL华星将联合上下游合作伙伴，构建开放、自主、协同的印 刷OLED产业生态，为消费者和客户提供有竞争力的OLED显示解决方案。 TCL华星多款全新显示解决方案亮相DTC2025，包括全球首款Real Stripe RGB OLED手机显示 TCL华星先进显示技术品牌APEX臻图以宜人画质、视觉健康、绿色永续、未来想象四大维度，通过构 建OLED、LCD和MLED等显示产业全技术矩阵，覆盖TV、IT、商显、车载、专显以 ...

Core Insights - AI technology is profoundly reshaping the display industry landscape, with companies like Tianma Microelectronics adopting an "Display + AI" innovation path to drive upgrades across the entire value chain [1][2] Group 1: Innovation Strategy - Tianma Microelectronics emphasizes innovation as its core gene, integrating AI deeply into its product and display technology layout [1] - The company aims to transition display technology from "hardware precision" to "scene intelligence," redefining the existence and functional boundaries of displays across various sectors including smartphones, smart cockpits, IT displays, health, smart homes, and smart medical applications [1] Group 2: Technical Advancements - Tianma has established four display technology platforms (SFT, SFO, SFM, SFX) based on five innovation pillars: green, healthy, portable, beautiful, and intelligent, covering all scene needs from home to office and transportation [2] - The company has achieved significant breakthroughs in sensor technology, integrating fingerprint recognition, environmental light sensing, and lifespan monitoring into a single screen, enhancing user experience and reliability [3] Group 3: Product Launches - The "Tianxuan" series screens feature a 49.6-inch panoramic immersive display with a 1.25-meter ultra-wide curve, integrating multiple functionalities for a futuristic smart cockpit experience [3] - In the IT display sector, Tianma has made industry breakthroughs in adaptive refresh rate technology and introduced a 108-inch 4K giant screen with peak brightness of 1500 nits and a contrast ratio of 1,000,000:1, marking a new era for home theaters and commercial displays [4]

Group 1 - The core viewpoint of the article highlights the innovative technologies showcased by Tianma Microelectronics at the TIC 2025 Global Innovation Conference, emphasizing advancements in display technology across various applications [1][3][5][8]. Group 2 - In the IT display sector, Tianma introduced the LEAF 2.0 energy-saving screen and the world's first true 610Hz gaming screen, utilizing advanced oxide semiconductor technology and adaptive refresh rate technology to meet high-performance demands in AI and gaming [1]. - In the large-size display segment, Tianma unveiled a 108-inch Micro LED screen featuring full laser mass transfer and seamless splicing technology, achieving 4K resolution with peak brightness of 1500 nits and a contrast ratio of 1,000,000:1, catering to home theater and commercial display needs [3]. - In the mobile application field, Tianma presented several new Tian Gong screen series products, focusing on optimizing display experience with low power consumption and true color representation [5]. - In the automotive display sector, Tianma showcased various screens including panoramic immersive screens and curved center control screens, designed to meet diverse automotive display requirements with features like high brightness and electric retraction [8].

Core Viewpoint - Tianma Microelectronics launched the Tianxuan screen, a 49.6-inch ultra-curved display designed to enhance driving safety and redefine future smart cockpit experiences [1] Group 1: Product Features - The Tianxuan screen features a pixel-level dimming technology, achieving a contrast ratio of 1,000,000:1, ensuring visibility even under direct sunlight [1] - It integrates dynamic rearview mirror capabilities and effectively suppresses reflections, contributing to improved driving safety [1] - The screen boasts an impressive brightness of 12,000 nits while maintaining a low power consumption of only 6W, overcoming previous limitations in AR-HUD brightness and power consumption [1]

Core Insights - The global OLED monitor shipments reached approximately 644,000 units in Q3 2025, marking a 12% quarter-over-quarter increase and a remarkable 65% year-over-year growth [2] - The total expected shipments for 2025 are projected to reach 2.62 million units, with an anticipated annual growth rate of 84% [2] Company Performance - ASUS has achieved a market share of 21.9%, becoming the top shipper of OLED monitors for the first time, surpassing Samsung [3] - ASUS's product strategy includes a comprehensive lineup catering to both gaming and professional creators, which solidifies its position in the mid-to-high-end market [4] - Samsung holds a market share of 18% and has maintained stable performance throughout 2025, with plans to expand shipments in Q4 [5] - MSI has climbed to third place in OLED monitor shipments with a market share of 14.4%, driven by a diverse product range and focus on high-resolution models [6] - LGE ranks fourth with a market share of 12.9%, having improved its position after transitioning production facilities and launching new products [7]

Core Viewpoint - The OLED display market is experiencing rapid growth, with continuous product launches and specifications to meet consumer demand, as observed by TrendForce Display [1][6]. Product Launch Timeline - In February 2025, brands began releasing a 27-inch 4K 240Hz QD-OLED display, upgrading the resolution from 2K to 4K [4]. - By June 2025, brands introduced 27-inch 2K 280Hz and 500Hz QD-OLED displays, with the 280Hz being an upgrade from the existing 240Hz model [4]. - In July 2025, a 45-inch 5K 165Hz W-OLED curved display was launched, filling a gap in the W-OLED product lineup for 5K resolution [4]. - In August 2025, a 27-inch 2K 280Hz W-OLED display was released, featuring a peak brightness of 1,500 nits and a color gamut of 99.5% DCI-P3 [5]. - By October 2025, a 27-inch 2K 180Hz QD-OLED display was launched, expanding the refresh rate options for this size to five different levels [6]. Market Outlook - The OLED display market is projected to reach 2.64 million units shipped in 2025, representing an 86% year-on-year increase, with a penetration rate of approximately 2.1% in the overall display market [6]. - By 2028, the market may challenge a 5% penetration rate, driven by strong demand in the gaming display sector and proactive efforts from panel and brand manufacturers [6].

Core Viewpoint - TCL Huaxing showcased advanced display technologies at the DTC2025 Global Display Ecological Conference, highlighting innovations in MLED and Micro LED displays [1]. Group 1: 163-inch MLED COB Direct Display - The 163-inch MLED COB direct display is positioned as the highest quality MLED display globally, achieving industry-leading levels in contrast, color depth, refresh rate, and grayscale [2]. - It features a self-developed ultra-low reflective packaging material with a contrast ratio of 37500:1, and utilizes a pixel-level PWM+PAM hybrid driving architecture with a 24-bit high color depth scheme, enabling 16.77 million grayscale displays [3]. - The product supports a high frame rate of 144Hz and a high refresh rate of 7680Hz, ensuring smooth dynamic images, while the system can analyze images in real-time to dynamically adjust brightness, enhancing dynamic performance and grayscale detail [3]. - The hybrid driving architecture allows for precise brightness adjustments by controlling both the on-time and current, resulting in excellent performance in brightness, power consumption, and temperature rise [3]. - The large panel design of the 163-inch display enables a seamless installation without splicing seams, improving installation efficiency and visual consistency [3]. Group 2: 0.28-inch Single-chip Full-color Silicon-based Micro LED Display - TCL Huaxing also introduced a 0.28-inch single-chip full-color silicon-based Micro LED display, claimed to be the highest resolution of its kind globally [4]. - This product has a resolution of 1280×720 and a pixel density of 10262 PPI, making it suitable for AR glasses and ultra-thin VR devices, providing a "retina-level" visual experience [6][8]. - The single-chip full-color structure offers balanced performance in brightness, color, and stability, while the silicon-based self-luminous solution enhances brightness, contrast, and color gamut, improving detail presentation [8]. - Earlier in the year, TCL Huaxing showcased a 0.05-inch silicon-based Micro LED display with a resolution of 256×86, a pixel density of 5080 PPI, and a peak brightness exceeding 4 million nits, suitable for various applications including wearables and medical endoscopy [9].

（原标题：维信诺(002387.SZ)：参股公司成都辰显聚焦Micro-LED深入布局商显领域） 格隆汇11月14日丨维信诺(002387.SZ)在投资者互动平台表示，公司参股公司成都辰显聚焦Micro-LED深 入布局商显领域，持续迭代创新产品，发布了全球首台108尺寸P0.7TFT基Micro-LED显示屏，以及多个 国内和国际首款Micro-LED拼接屏体，并将根据公司产线和客户需求情况积极推进创新成果量产转化。 ...

Group 1 - JVCKENWOOD has launched the industry's first in-vehicle central control display using Mini LED technology, named "彩速导航" MDV-MX12F [1] - This is the first time JVCKENWOOD has publicly adopted Mini LED backlight solutions in its vehicle navigation systems, developed in collaboration with Longteng Optoelectronics [1] - The Mini LED display solution provided by Longteng Optoelectronics features high brightness, high contrast, and high reliability [1] Group 2 - Longteng Optoelectronics, established in 2005 and located in Kunshan Development Zone, is a leading manufacturer of LCD panels in China [4] - The company has focused on display technology innovation and has a comprehensive material support system, actively entering the Mini LED field with products covering automotive, laptops, and e-sports applications [4] - In the first three quarters of this year, Longteng Optoelectronics achieved revenue of 1.903 billion yuan, a year-on-year decrease of 27.85%, with a net profit attributable to shareholders of -180 million yuan [4] - For the first half of the year, the company's revenue was 1.289 billion yuan, a year-on-year decrease of 27.91%, with a net profit of -152 million yuan, showing slight improvement compared to the previous year [4] - The company indicated that the decline in revenue was influenced by changes in the international trade environment and global supply chain restructuring, leading to stable but low prices for display products amid intense market competition [4] - To address these challenges, Longteng Optoelectronics is accelerating its layout in emerging areas such as AI, ESG, and low-altitude economy, promoting new display technologies like full-color electronic paper and 3D displays, and speeding up the construction of overseas production bases to enhance global supply chain flexibility and operational resilience [4]

Core Viewpoint - Tianma showcased multiple Micro-LED transparent display technology products at the 2025 China International Import Expo, targeting applications in automotive displays and commercial showcases [1][11]. Product Highlights - 8.07-inch Head-Up Display: Features a compact design with a brightness of 10,000 nits, thin structure, wide color gamut, and fast response speed, suitable for display on automotive windshields [1]. - 8.07-inch Transparent Low Reflection Display: The industry's first Micro-LED low reflection transparent screen with a maximum PPI, over 50% transmittance at 167 PPI, and a reflection rate below 3%, adjustable brightness for applications like windows and dashboards [3]. - 9.38-inch Adjustable Transparency Display: The first Micro-LED screen with adjustable transmittance from 0.1% to 24%, adapts to ambient light conditions while maintaining high-definition visuals, ideal for automotive displays in complex lighting environments [5]. - 7.05-inch Ultra-Narrow Border Transparent Display: Features a border narrower than 0.1mm, over 60% light transmittance, and can be spliced into larger displays, targeting commercial showcases, smart homes, and automotive applications [7]. - 14.1-inch Invisible Teleprompter: Offers 10,000 nits brightness with a transparent glass design, allowing speakers to read scripts while interacting with the audience, suitable for speeches and meetings [9]. Technological Development - Since 2017, Tianma has been developing Micro-LED technology, achieving significant progress in glass-based Micro-LED transparent display technology, and has established the industry's first G3.5 generation fully automated mass transfer production line with high yield and a degree of domestic material capability [11]. - The company focuses on high transparency, high brightness, low reflection, and splicing features, exploring the application possibilities of transparent displays in automotive, commercial, and smart home scenarios [11]. - Research efforts are concentrated on the reliability and mass production feasibility of glass-based Micro-LEDs to validate the industrialization path of transparent displays [11].