Core Viewpoint - The OLED technology is expanding its market share due to its self-emissive, high contrast, and lightweight advantages, primarily in small-sized applications like smartphones. However, the large-sized market faces slow growth due to cost and capacity constraints. The mid-sized market, including monitors, laptops, tablets, and automotive displays, is experiencing renewed competition driven by consumer demand for high-quality displays. TrendForce forecasts an 80.6% annual increase in OLED display shipments by 2025, with overall market penetration rising to 2% and potentially reaching 5% by 2028 [1][2]. Group 1 - TrendForce predicts that the penetration rate of OLED displays in the overall market will increase significantly, with a forecasted shipment growth of 80.6% by 2025 [1]. - The mid-sized display market is becoming increasingly competitive as consumers seek higher display quality, leading to new market dynamics [1][2]. - Companies like TCL Huaxing and Visionox are developing new technologies such as ViP and printed OLED to differentiate themselves from traditional FMM OLED technologies [2][3]. Group 2 - TCL Huaxing plans to introduce its self-developed printed OLED products into the medical display market by the end of 2024, showcasing a complete product line at the SID Display Week in May 2025 [2][3]. - The printed OLED technology aims to overcome limitations of FMM and vacuum environments, improving material usage efficiency and reducing investment costs by approximately 25% compared to similar vapor-deposited products [3][4]. - Despite challenges in yield, pixel density, and reliability, printed OLED panels have achieved a resolution of 326 PPI, meeting the needs of laptops and monitors [3][4]. Group 3 - Visionox is actively promoting its ViP technology, which utilizes lithography to achieve pixel graphic design, eliminating FMM limitations and supporting high aperture ratios and various pixel arrangements [4][5]. - A comparison of different OLED technologies highlights that printed OLED has lower equipment investment costs and is expected to achieve mass production by the end of 2024, while still facing yield challenges [5][7]. - The industry is moving towards more flexible and cost-effective OLED solutions, with non-vapor deposition technologies gaining traction [7].

Core Insights - OLED technology is expanding its market share due to advantages like self-emission, high contrast, and lightweight design, primarily in small-sized applications such as smartphones. However, large-sized market penetration is slow due to cost and capacity constraints [1] - The mid-size market, including monitors, laptops, tablets, and automotive displays, is experiencing renewed competition as consumers seek high-end display effects [1] - TrendForce forecasts that OLED display shipments will grow by 80.6% annually by 2025, with overall market penetration reaching 2%, and potentially challenging 5% by 2028 [1] Group 1: Market Dynamics - TCL Huaxing is set to mass-produce medical-grade printed OLED displays, while Visionox is expected to introduce ViP technology in its new production line [2] - Printed OLED technology aims to overcome limitations of FMM and vacuum environments, enhancing material usage efficiency and reducing equipment investment costs by approximately 25% compared to similar vapor-deposited products [2] - Despite challenges in yield, pixel density, and reliability, printed OLED panels have achieved a resolution of 326 PPI, meeting the needs of laptops and monitors [2] Group 2: Technological Innovations - TCL Huaxing is balancing technological innovation and mass production by supplying high-end smartphones and flagship laptops with FMM OLED while gradually introducing printed OLED for medical and gaming displays [2] - By the end of 2024, TCL Huaxing will begin small-scale production of 21.6-inch medical printed OLED displays, marking a significant step into commercial application [2] - Visionox is actively promoting its proprietary ViP technology, which utilizes lithography to achieve pixel graphics, freeing itself from FMM's size and resolution constraints [3] Group 3: Comparative Analysis - A comparison of OLED technologies shows that printed OLED has lower equipment investment costs and high material usage efficiency, while FMM OLED is more established but has higher costs [4] - The pixel density of ViP OLED can reach 1700-2000 PPI, significantly higher than the approximately 326 PPI of printed OLED, indicating a trade-off between technology maturity and performance [4] - The market is expected to see a shift towards more flexible and cost-effective OLED solutions as non-vapor deposition technologies gain traction [3][4]