Group 1: Global HV Capacity and Utilization - In 2025, global HV capacity supply is expected to be approximately 380,000 pieces per month, with a utilization rate of around 75% [1] - By 2026, global HV capacity supply is projected to increase to about 410,000 pieces per month, with a utilization rate expected to drop to around 70% [1] - The increase in capacity is driven by mainstream foundries releasing HV capacity and second-tier foundries entering the HV process [1] Group 2: OLED DDIC Market Trends - The OLED DDIC market is anticipated to continue growing due to demand from mobile phones, tablets, laptops, and wearables [2] - For 2025, the supply of OLED DDIC wafers (excluding 55HV) is expected to be around 108,000 pieces per month, while demand is projected at approximately 87,000 pieces per month, indicating a favorable supply-demand situation [2] Group 3: Price Trends in DDIC - The price decline of DDIC has slowed, with large-size driver chips expected to stabilize in price by 2026 [3] - Small-size LCD TDDI prices are experiencing slight decreases due to low demand and fewer new terminal projects [3] - The overall price trend for small-size OLED driver ICs is downward, driven by competition among Fabless companies [3] Group 4: Technological Innovations - Demand is driving technological innovations such as Dual Gate, TDDI, TED, and RAMless+MUX1:1, with significant advancements expected in 2025 [5][7] - The penetration rate of Dual/Triple Gate solutions in global television applications is projected to reach 65-67% by Q4 2025, with expectations of 70-72% by 2026 [5] - TDDI and TED solutions are gradually penetrating the market, with TDDI expected to begin mass production in early 2024 [5][7] Group 5: Future Developments in OLED TDDI - The performance of OLED TDDI, launched in Q2 2025, is expected to improve, with a focus on accelerating technology iteration and cost reduction [8] - Fabless companies are showing confidence in the long-term penetration of TDDI technology, with several planning to launch TDDI products in the second half of 2025 [8]