Core Viewpoint - The upcoming release of Garmin's Fenix 8 Pro and Fenix 8 Pro Micro LED smartwatches is expected to drive advancements in Micro LED technology, positioning it as a strong competitor to AMOLED in the smartwatch market [4][10][15]. Summary by Sections Product Launch and Features - Garmin is set to launch the Fenix 8 Pro Micro LED smartwatch, which is anticipated to be the brightest smartwatch available, with a larger 51mm version expected to be priced above $1200, potentially nearing $2000 [4][6][10]. Micro LED Technology Advantages - Micro LED technology offers significant advantages over AMOLED, including higher brightness, lower power consumption, and improved resolution and contrast, addressing the limitations of AMOLED such as visibility in bright outdoor conditions and screen burn-in risks [10][11]. Industry Development and Challenges - Despite the promising features of Micro LED, the development of Micro LED smartwatches has faced challenges. Apple previously invested heavily in Micro LED technology for its Apple Watch but suspended the project due to high production costs and technical difficulties [11][15]. - Other brands, like TAG Heuer, are exploring Micro LED for luxury experiences, with production expected to begin in 2024 [11][12]. Supply Chain and Production - The upstream panel industry is actively working on Micro LED technology, with AU Optronics set to mass-produce Micro LED panels by the end of 2023. Samsung Display has also made advancements, increasing the brightness of Micro LED screens to 6000 nits [12][13]. - Companies like Rara Technology and Innolux are developing Micro LED panels with high resolution and energy efficiency, indicating a growing interest in this technology [13][12]. Market Outlook - The Micro LED smartwatch market is still in its early stages, but there is optimism for growth as brands begin to adopt this technology in high-end products, potentially leading to broader market acceptance and technological advancements [15].

Group 1 - The car display industry is experiencing rapid growth driven by the transformation of the automotive sector, particularly with the rise of electric and smart vehicles, leading to an expected shipment of 230 million car display panels globally in 2024, a year-on-year increase of 8.5%, and a projected 5.4% growth to 250 million panels in 2025 [1] - The demand for larger and multiple displays in vehicles is increasing, with new products like HUDs and co-driver screens emerging to meet consumer needs, significantly boosting the installation rates of car displays [1] - The performance of electric vehicles is particularly notable, with models like Xiaomi SU7 and Zeekr 007 featuring large, high-resolution displays to enhance user experience, further stimulating market demand for car displays [1] Group 2 - While LCD technology remains dominant in the car display panel market, emerging technologies such as OLED, Mini LED, and Micro LED are gaining traction, with OLED expected to increase its market share due to its advantages like self-lighting and high contrast [2] - Mini LED technology combines the strengths of traditional LED and OLED, offering high brightness and energy efficiency, while Micro LED is viewed as a revolutionary future direction for car displays due to its superior performance in brightness, contrast, and lifespan [2] - Other innovative display technologies, such as holographic displays and near-field projection, are also being explored, indicating a shift towards more interactive and advanced display solutions in vehicles [2] Group 3 - The traditional supply chain in car displays involves panel manufacturers, module manufacturers, system integrators, and automakers, but the increasing demands for display technology are fostering closer collaborations between automakers and panel manufacturers [3] - This direct cooperation is expected to enhance technical capabilities, improve production efficiency, and reduce costs, thereby driving technological advancements and industry upgrades in the car display sector [3]