来源：上游新闻 日前，总投资6.28亿元的沃格光电AMOLED显示屏玻璃基光蚀刻精加工项目（简称"沃格光电AMOLED 光蚀刻项目"）在成都高新西区顺利完成主体结构封顶，标志着其向量产目标迈出坚实一步。 数据显示，2024年，成都高新区新型显示产业实现产值380亿元，同比增长3%，2025年上半年，成都高 新区新型显示产业产值达187亿元，"世界柔谷"初具规模。 成都高新区电子信息产业局相关负责人表示，下一步，将持续推动"立园满园""进解优促"同频发力，加 速沃格光电项目早日投产达效，推动新型显示产业"建圈强链"向纵深发展，让更多"成都高新造"闪耀全 球，为"世界柔谷"建设注入更强动能。（文/程思瑜） 沃格光电AMOLED光蚀刻项目规划建设约6.8万平方米的自动化生产厂房，聚焦玻璃基后段工艺突破， 通过企业自主研发的ECI技术，实现AMOLED玻璃基薄化、通孔、切割工艺一体化，大幅提升面板精度 与生产效率。 目前，成都已聚集京东方产业链供应链企业58家，川渝地区聚集配套企业超100家，川渝地区配套率提 升至49%。沃格光电集团董事长易伟华表示，项目建成投产后，将为京东方8.6代AMOLED产线提供高 性价比的 ...

自2024年以来，科技浪潮以前所未有的姿态重塑世界，而显示技术正处于这场风暴的核心。在 这场变革中， OLED 与 Micro OLED 以其独特优势，引领着不同维度的视觉革命。 其中， OLED 凭借在柔性、超薄形态及卓越色彩表现上的成熟优势，已稳固占据旗舰智能手机 的王座。它不仅是技术的选择，更是品质与体验的象征； Micro OLED 作为当下近眼显示 的"黄金方案"，为空间计算和沉浸式体验构筑了核心基石。在可预见的未来，它仍将是定义虚 拟与现实边界的关键力量，占据市场主导地位。 ( 2025年10月30日(周四) 8:30-17:05 9 金茂深圳JW万豪酒店 = TrendForce、LEDinside、集邦Display | | 会议成立 | | --- | --- | | 8:30-9:30 | 答到 | | 9:30-9:35 | 开幕致辞 | | | TrendForce集邦咨询 总经理 樊晓莉 | | 9:35-10:00 | 玻璃与硅基Micro LED商用化进程与展望 | | | TrendForce集邦科技 资深研究副总经理 邱宇彬 | | 10:00-10:25 | MiP与COB ...

Core Insights - The article highlights the transformation of China's OLED industry from a follower to a parallel player and now aiming to become a leader in the global market, with significant contributions from companies like BOE, Visionox, Tianma, and TCL Huaxing [1][21]. Group 1: Historical Development - The development of domestic OLED technology began in the 1990s, with Tsinghua University establishing an OLED project group in 1996, laying the groundwork for the industry [2]. - In 2001, Visionox was founded, focusing on key technologies that would later support the production of flexible OLED screens [2][4]. - The early 2010s saw companies like BOE and OLED companies facing challenges due to weak technology accumulation and reliance on imports for critical components [4][6]. Group 2: Market Evolution - The global display market experienced a technological revolution in 2017, significantly improving OLED yield rates, which accelerated the mainstream adoption of OLED screens, particularly after the launch of the iPhone X [7][9]. - Government policies and capital investments supported the domestic OLED industry, with local governments providing incentives for companies like BOE and Visionox to establish production lines [9][11]. - Domestic manufacturers began to gain more influence, with Visionox leading the establishment of international standards in flexible displays [11]. Group 3: Current Challenges - Despite achieving over 45% market share, domestic OLED manufacturers still face significant gaps in high-end markets compared to Samsung and LG [18]. - The industry is characterized by long cycles, high leverage, and substantial R&D investments, leading to revenue growth but profit pressures [18][20]. - Key materials and equipment for OLED production remain heavily reliant on imports, particularly in high-performance organic materials and deposition equipment [16][18]. Group 4: Future Directions - Domestic OLED companies are encouraged to focus on high-value segments such as high-end laptops, automotive displays, and innovative products like foldable screens to avoid price wars in saturated markets [20]. - There is a need for enhanced collaboration between upstream material suppliers and downstream panel manufacturers to improve innovation and reduce dependency on foreign products [16][21]. - The article emphasizes that true leadership in the OLED market will require mastering next-generation display technologies and establishing control over standards and patents [22][23].

Core Viewpoint - The strategic cooperation agreement between Huike and Zhifang marks a significant milestone in the intelligent transformation of the display industry, with plans to deploy over 1,000 intelligent robots in production bases globally within three years, amounting to nearly 500 million yuan in orders [2][5]. Group 1: Strategic Cooperation - Huike's subsidiary, Shenzhen Huizhi Internet of Things Technology Co., Ltd., signed a comprehensive strategic cooperation agreement with Zhifang (Shenzhen) Technology Co., Ltd. in the semiconductor display field [2]. - The agreement includes the deployment of over 1,000 intelligent robots across Huike's global production bases, covering the entire process from warehousing logistics to quality inspection [2][5]. Group 2: Application and Technology Development - The PCB operation has been selected as the first demonstration scenario for the intelligent robots, which are driven by the "Vision-Language-Action" (VLA) model [4]. - Huike plans to integrate AI edge models into its production line control systems to achieve lower latency in real-time decision-making and more efficient energy management [5]. - A specialized technical team will be formed to develop next-generation models for industrial operations, aiming to create "intelligent workers" that understand the screen manufacturing process [5].

Core Viewpoint - The domestic display industry is experiencing significant project advancements, including the introduction of the Korean JHONE semiconductor wafer carrier project in Haimen Economic Development Zone and the inauguration of Zhejiang's first electronic paper world exhibition hall in Tongxiang [2]. Group 1: Haimen Economic Development Zone and JHONE Project - Haimen Economic Development Zone signed an investment agreement with Korean JHONE for a semiconductor wafer carrier project on September 8 [3]. - The total investment for the project is 300 million yuan, with 180 million yuan allocated for equipment. The project aims to establish a platform focused on DSP Carrier and OLED CVD FMM Sticker, with plans to expand into various consumables such as wafer boxes and electrostatic chucks [5]. - JHONE is one of the few companies capable of developing and manufacturing high-precision components and core consumables for OLED and semiconductors, supplying products to several internationally renowned companies [5]. - The semiconductor industry is a key development direction for Haimen Economic Development Zone, which has attracted nine projects this year, including JHONE [5]. Group 2: Zhejiang Electronic Paper World Exhibition Hall - Zhejiang's first electronic paper world exhibition hall, created by Electronic Paper Technology (Zhejiang) Co., Ltd., was officially inaugurated on September 9 [6]. - The project focuses on the research and production of electronic paper and new display products, including a 2.2 mm ultra-narrow bezel high-resolution (235 DPI) electronic paper and a 3.98-inch high-definition module with rounded corners (238 DPI) [7]. - The project is progressing smoothly, with the first phase of a cleanroom facility completed and production equipment being installed and debugged, expected to commence production by mid to late October. The total investment for both phases is approximately 100 million yuan, with an anticipated annual output value exceeding 500 million yuan upon reaching full capacity [7].

Core Viewpoint - The integration of AI technology into terminal devices is expected to enhance consumer demand for smarter and more efficient products, driving growth in the small-sized OLED market [1] Company Insights - TCL Technology is actively monitoring the evolution of AI technology and its integration with the display industry [1] - The company believes that the rapid development of AI terminal devices will provide sustained growth momentum for the small-sized OLED market [1]

Core Insights - TCL Technology announced that it expects to achieve a net operating cash flow of 27.3 billion yuan in the first half of 2025, primarily driven by cash flow contributions from TCL Huaxing [1] - The company reported that TCL Zhonghuan has maintained positive operating cash flow despite being at the bottom of the industry cycle [1] - The rapid growth in operating cash flow for TCL Huaxing is attributed to significant profitability growth despite high depreciation, along with improvements in inventory turnover and accounts receivable management [1] Financial Performance - TCL Technology's capital expenditures are on a declining trend as both the display and photovoltaic industries have passed their investment peaks, indicating a stable growth in future free cash flow [1] - The company plans to increase its equity stake in certain panel production lines to enhance parent company profits [1] - Management of the debt-to-asset ratio is a priority, with a focus on reducing financial costs [1] Shareholder Returns - The company has a long-standing commitment to shareholder returns and will continue to implement a proactive dividend strategy [1]

Core Viewpoint - The company achieved a revenue of 101.28 billion yuan in the first half of the year, representing a year-on-year growth of 8.45%, while the net profit attributable to shareholders increased by 42.15% to 3.25 billion yuan [1][2]. Financial Performance - Revenue for the reporting period was 101,278,182,135 yuan, up from 93,386,241,632 yuan in the same period last year, marking an increase of 8.45% [2]. - Net profit attributable to shareholders was 3,246,885,779 yuan, compared to 2,284,051,354 yuan in the previous year, reflecting a growth of 42.15% [2]. - The net profit after deducting non-recurring gains and losses was 2,282,236,531 yuan, a 41.45% increase from 1,613,403,381 yuan [2]. - The net cash flow from operating activities decreased by 8.61% to 22,736,307,086 yuan from 24,878,969,292 yuan [2]. - Basic and diluted earnings per share both increased by 50% to 0.09 yuan [2]. - The weighted average return on equity rose to 2.45% from 1.75% [2]. Asset Overview - Total assets at the end of the reporting period were 425.80 billion yuan, a slight decrease of 0.97% from 429.98 billion yuan at the end of the previous year [2]. - Net assets attributable to shareholders were 132,991,322,618 yuan, showing a marginal increase of 0.04% from 132,937,555,308 yuan [2]. Revenue Structure - The display business generated revenue of 843.32 billion yuan, accounting for 83.27% of total revenue, with a year-on-year growth of 8.10% [3]. - The IoT innovation business contributed 181.91 billion yuan, representing 17.96% of total revenue, with a growth of 6.03% [3]. - The sensor business saw a significant increase of 36.80%, reaching 223.58 million yuan [3]. - MLED business revenue was 4.35 billion yuan, up 7.76% [3]. - The smart medical engineering business generated 917.49 million yuan, with a modest growth of 1.52% [3]. - Other businesses and inter-segment eliminations accounted for -6.73 billion yuan, a decrease of 2.19% [3]. Subsidiary Performance - Chongqing BOE Optoelectronics Technology Co., Ltd. reported revenue of 8.57 billion yuan and a net profit of 1.80 billion yuan [4]. - Hefei Xinsheng Optoelectronics Technology Co., Ltd. achieved revenue of 14.07 billion yuan with a net profit of 1.00 billion yuan [4]. - Fuzhou BOE Optoelectronics Technology Co., Ltd. generated revenue of 5.64 billion yuan and a net profit of 1.02 billion yuan [4]. Business Development - The company continues to strengthen its leading position in the semiconductor display field, optimizing product structure in the LCD sector and increasing shipments of flexible OLED products [5]. - The MLED direct display business is expanding, with multiple benchmark projects launched in collaboration with Shanghai Film Group [5]. - The sensor business is advancing with the construction of advanced packaging lines and the mass production of various models [5]. - The digital hospital segment is also seeing steady growth in outpatient and discharge volumes [5].

Core Viewpoint - The article highlights the successful collaboration between the government and the company, Visionox, in overcoming operational challenges and enhancing the business environment for innovation and growth in the LED display industry [1][2]. Group 1: Company Overview - Visionox is a leading enterprise in the ultra-high-definition display industry in Guangdong Province, known for its innovative products such as LCD display control boards and interactive smart panels [2]. - The company established a strategic foothold in Xi'an, with its subsidiary, Qingsong Optoelectronics, leading the LED integrated machine market in China for six consecutive years [2][4]. Group 2: Government Support and Collaboration - In January 2024, Visionox faced a bottleneck in its Northwest Regional Headquarters project due to incomplete construction acceptance records, which hindered property registration and financing [2]. - The Fengdong New City Management Committee intervened, providing a "zero-run" service to expedite the necessary approvals and registrations, demonstrating effective government support [3][4]. - Within 50 days, all construction acceptance procedures were completed, showcasing the efficiency of the collaborative efforts between the company and various government departments [4]. Group 3: Business Development and Innovation - Visionox has expanded its strategic layout in Xi'an, establishing additional subsidiaries in education, computing, and energy storage, while upgrading its R&D capabilities [4][5]. - The Northwest headquarters has become a global hub for Visionox's LED business, attracting over 500 R&D professionals and significantly contributing to technological innovation in the sector [5][6]. - The company's self-developed teaching model has reduced preparation time for teachers by 70%, benefiting approximately 10 million educators nationwide [5][6]. Group 4: Economic Impact and Future Outlook - Visionox's annual R&D investment exceeds 1 billion yuan, creating a strong technological moat and positioning the company as a chain leader in the industry [6]. - The article emphasizes the positive impact of a supportive business environment on the growth of private enterprises, illustrating how government services can enhance competitiveness and foster innovation [6].

Core Viewpoint - Corning Inc. has initiated a series of legal actions, including a "337 investigation," against several leading Chinese companies in the new display industry, indicating a significant escalation in the competition between U.S. and Chinese firms in the display supply chain [1][2][6][14]. Group 1: Overview of the Investigation and Lawsuits - The "337 investigation" by Corning is a critical phase in the legal battle, with evidence submission deadlines set by the U.S. International Trade Commission (ITC) [1][10]. - Corning has filed a total of 13 lawsuits against Chinese companies, including Rainbow Technology, TCL Huaxing Optoelectronics, and Huike, across multiple jurisdictions such as the U.S., EU, and India [2][9]. - The investigation targets the entire display industry chain, from materials to end products, highlighting the comprehensive nature of the legal actions [9][21]. Group 2: Market Dynamics and Implications - China's display panel production accounts for approximately 50% of the global market, with over 70% of shipments originating from China [4][19]. - Corning, along with two Japanese companies, dominates about 90% of the glass substrate market, posing a significant challenge for Chinese firms like Rainbow Technology, which has recently achieved a 10% market share [4][15]. - The legal actions are seen as an attempt by Corning to maintain its market position and limit the production capacity of Chinese companies, which have begun to break the technological monopoly in the glass substrate market [14][16]. Group 3: Technological and Competitive Landscape - The glass substrate is a crucial material in the display supply chain, akin to silicon wafers in the semiconductor industry, making the ongoing legal battles pivotal for the future of the Chinese display industry [5][15]. - Both Corning and Rainbow Technology utilize the "overflow method" for glass substrate production, which is essential for achieving the required precision and quality [21]. - The competition is not only about market share but also revolves around intellectual property rights, with Corning leveraging its patents to create barriers for Chinese competitors [22][23]. Group 4: Future Outlook and Industry Response - The outcome of these legal battles could significantly impact the Chinese display industry's ability to secure its supply chain and maintain competitive pricing, as evidenced by the drop in glass substrate prices due to increased local production [16][17]. - Experts emphasize the need for China to develop its own intellectual property in the glass substrate sector to ensure long-term sustainability and independence in the display industry [25][29]. - The ongoing disputes reflect broader trends in global trade and technology competition, with potential implications for other sectors as well [30][31].