LONGLI(SZ:300752)2024-03-12 11:37Group 1: Business Outlook - The company anticipates an increase in its automotive business, with Mini-LED backlighting and high value-added products gradually gaining a larger share of its offerings as consumer demand recovers [1] - The overall consumer electronics market is expected to rebound, driven by national policies encouraging economic growth and the emergence of AI smartphones, leading to a wave of device upgrades [1] Group 2: Technology Development - Mini-LED technology is being effectively applied in VR devices, overcoming challenges such as low contrast and unsaturated colors, while significantly enhancing brightness compared to LCDs [1] - The advancements in Mini-LED technology are expected to improve user experience in VR products, leading to increased adoption and iteration in the market [1] Group 3: Research and Development - The company will continue to prioritize R&D investments to seize opportunities in cutting-edge technologies and maintain its competitive edge [2]