big lcd panel made in china
In this article, we are looking at the benefits of looking for Chinese TFT LCD manufacturers. Instead of resorting to other manufacturing means, opting for the Chinese is a much wiser and lucrative choice. If you are looking for Chinese LCD manufacturers, you should start with STONE Tech.
Handbags, wallets, phone cases, and other similar items have become the favorites of wholesalers and bulk buyers. These products are directly sold to end consumers. However, the fascinating thing about the Chinese production and manufacturing business is that it does not only cover the end-consumer products. Rather, you can also acquire raw and basic materials needed for the further manufacturing of goods and products. One such product is LCD displays.
LCD displays have become something of a necessity in today’s world of tech advancement. Many things in our daily life have been automated, and are operated using an interactive user interface. For these kinds of machines and gadgets, LCD displays are typically necessary.
In this article, we are looking at the benefits of looking for Chinese LCD manufacturers. Instead of resorting to other manufacturing means, opting for the Chinese is a much wiser and lucrative choice. If you are looking for Chinese LCD manufacturers, you should start with Stoneitech.com.
STONE Tech is an LCD manufacturer located in Beijing, China. It was founded back in 2010, and it has been developing TFT LCD display modules ever since. These modules can be used for a variety of different machines including electric equipment, precision instruments, and civil electronics etcetera.
This is probably the biggest advantage that you can get when working with manufacturers from China. It can even be assumed that this is probably the biggest reason why the Asian country is at the forefront of the mass manufacturing business.
The same applies to LCD displays. When you save up on costs when buying LCD displays, you can set a lower price for the whole machine or gadget that you are producing.
This is a very useful benefit for small start-up companies. Generally, manufacturers in the USA are not going to be very willing to work with you unless you are a big company or unless you have a large recognition and following. Due to this, smaller companies can have trouble getting their demands heard. However, the refusal of suppliers to do so is not unjustified. Smaller companies are going to start off with smaller orders. Small orders are not very lucrative and beneficial for suppliers. The larger the order, the more convenient it will be for the manufacturer.
However, with Chinese manufacturers, this problem is minimized. The Chinese often don’t care how big a brand you are and what recognition your company has. As long as you meet the minimum order requirements, you can get your products easily. This is highly advantageous for smaller companies. Due to this, smaller firms can get started and kick off their business.
When it comes to LCD modules, the orders are not received by the hundreds or thousands as is the case with other smaller products such as handbags and wallets etcetera. One module can cost around $250, and it is for this reason that the dynamics are a little different with this business. That is why STONE offers single pieces for sale as well as multiple pieces. This encourages smaller businesses to make their purchases since they can easily purchase as many modules as they like. As long as you meet the limit stated by the supplier, you are good to go.
The factories in China have more machines and workers working simultaneously. This means that you can get bigger orders more quickly. For example, if you are getting 10 units from a domestic supplier in 4 days, you will be able to get 12 units from a Chinese supplier in just 3 days. That means that the production rate is increased, and the time taken is also cut short. This is merely an example to show that both aspects of production are enhanced when you do business with the Chinese.
In the case of LCD modules, this benefit relates to a reselling business. For example, if you are planning on buying some modules to use in your machines etcetera, then there is not a very suitable opportunity for you to expand. If you want to start a business in another country, you will have to open a manufacturing unit there so that your products can be produced and then get sold. Or, you will have to transport your final products to the other country in order to run your business.
However, if you are buying the LCD modules to resale at a profit, you can use the Chinese markets to grow your business. You can buy the modules at a reduced price and then sell them at a profit in a different area or city where the people will be willing to pay more.
Now that we have seen the benefits of choosing Chinese manufacturers for LCD modules, let us narrow it down a bit and look at why you should choose STONE specifically.
With STONE, you get the option of buying a range of different-sized modules. If your business deals in making different electronics and machines that require panels of different sizes, you don’t have to look at multiple suppliers to fulfill your need. You could be making some products that require 3.5-inch panels, while some of your machines could be needing 15.1-inch modules. Instead of taking the trouble to go to different suppliers, you can enjoy an all-in-one experience from STONE.
One of the main things that you have to look at in any supplier is the level of reliability and trust. This is usually determined by the level of experience and the time that the supplier has spent in the market. STONE was founded in 2010 and has been producing LCD modules for the past 10 years.
If you are looking to buy LCD modules in bulk, look no further than the Middle Kingdom. China has become the hub of mass manufacturing and is the favorite spot for wholesalers and business owners.
In case you need some convincing about buying from the Chinese, we have compiled a list of benefits that you can enjoy when looking for TFT LCD manufacturers in China.
BOE Technology Group, the Chinese electronic components producer, is expected to be the leader in producing LCD display panels in the coming years, with a forecast capacity share of 24 percent by 2022. China is the country that has the largest LCD capacity, with a 56 percent share in 2020.Read moreLCD panel production capacity share from 2016 to 2022, by manufacturerCharacteristicBOEChina StarInnoluxAUOLGDHKCCEC PandaSharpSDCOther-----------
DSCC. (June 8, 2020). LCD panel production capacity share from 2016 to 2022, by manufacturer [Graph]. In Statista. Retrieved January 07, 2023, from https://www.statista.com/statistics/1057455/lcd-panel-production-capacity-manufacturer/
DSCC. "LCD panel production capacity share from 2016 to 2022, by manufacturer." Chart. June 8, 2020. Statista. Accessed January 07, 2023. https://www.statista.com/statistics/1057455/lcd-panel-production-capacity-manufacturer/
DSCC. (2020). LCD panel production capacity share from 2016 to 2022, by manufacturer. Statista. Statista Inc.. Accessed: January 07, 2023. https://www.statista.com/statistics/1057455/lcd-panel-production-capacity-manufacturer/
DSCC. "Lcd Panel Production Capacity Share from 2016 to 2022, by Manufacturer." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1057455/lcd-panel-production-capacity-manufacturer/
DSCC, LCD panel production capacity share from 2016 to 2022, by manufacturer Statista, https://www.statista.com/statistics/1057455/lcd-panel-production-capacity-manufacturer/ (last visited January 07, 2023)
This question is important. Outdoor panels are usually seen from further distance, thus resolution will be lower. Outdoor led panels will likely be brighter because they are used in sunlight. Also outdoor panels will be more durable as they need to withstand weather conditions, dust, moisture and dirt. Indoor panels offer superior color, smaller pixels and a more refined picture. For the same pitch, indoor screens are cheaper. For all these reasons, we recommend indoor panels, unless you actually need to use an outdoor screen.
3) Wall Mounted: Some panels can be drilled and mounted into the wall. This is a great option if you’re looking for an aesthetically clean look with easy maintenance features, but it will add cost to the panels.
We offer high refresh rate panels. If you broadcast online, you’ll want to ensure your panels have a refresh rate no less than 3840 hz. Low refresh rate panels will result in wavy lines that will distract your audience.
Most LED Panels are rated for 60,000 to 100,000 hours. You’ll have these panels for a long time and will get a lot of life out of them. In case something malfunctions, you can get in contact with us and we will give you all the information to properly service and maintain your panels.
Among the world famous brands, the screen of South Korea"s samsung and LG is known to be produced and sold by themselves.Display screens of other niche brands, and those brands capable of self-production and self-marketing, also have an unassailable position in their own segments, facing various brands.For buyers, how to find suitable suppliers from these LCD panel manufacturers?
The world-renowned LCD panel production line is mainly controlled by several enterprises: au optronics in Taiwan;Chi mei electronics in Taiwan, China;Sharp, Japan;South Korea samsung, South Korea LG;Philips;Boe, etc.These companies supply the world"s main demand for liquid crystal displays.
LG Display is currently the world"s first LCD panel manufacturer. It is affiliated to LG group and headquartered in Seoul, South Korea.Its subsidiaries are: LG electronics, LG display, GS caltex, LG chemistry, LG life and health, etc., covering the fields of chemical energy, electronics and appliances, communication and service.LG Display"s customers include Apple, HP, DELL, SONY, Toshiba, PHILIPS, Lenovo, Acer and other world-class consumer electronics manufacturers.LG"s manufacturing base in China is in nanjing, shenyang.
Innolux is a tft-lcd panel manufacturing company founded by foxconn technology group in 2003.The factory is located in longhua foxconn technology park in shenzhen.Innolux has a strong display technology research and development team, coupled with foxconn"s strong manufacturing capacity, to effectively play the vertical integration benefits, to improve the level of the world plane display industry will have a pointer contribution.In March 2010, it merged with chi mei electronics and tong bao optoelectronics.
Au optronics, formerly known as acer technology, was founded in August 1996. It was renamed au optronics after the merger of au optronics and united optronics in 2001.Au optronics is the world"s first tft-lcd design, manufacturing and development company to be publicly listed on the New York stock exchange (NYSE).
Boe, founded in April 1993, is the largest display panel manufacturer in China and a provider of Internet of things technology, products and services.At present, boe has reached the world"s first place in the field of notebook LCD, flat LCD and mobile LCD. With its success in joining the apple supply chain, boe will become the world"s top three LCD panel manufacturers in the near future.
Sharp is known as "the father of LCD panel".Since its founding in 1912, sharp corporation has been developing the world"s first calculator and liquid crystal display, represented by the live pencil, which is the name of the company. At the same time, sharp corporation has been actively expanding new fields, contributing to the improvement of human living standards and social progress.Sharp is already owned by foxconn.
The company has set up tft-lcd key materials and technology national engineering laboratory, national enterprise technology center, post-doctoral mobile workstation, and undertakes national development and reform commission, ministry of science and technology, ministry of industry and information technology and other major national special projects.The company"s strong technology and scientific research capabilities become the cornerstone of the company"s sustainable development.
Founded in 2012, as a LED display brand of Unilumin which is focusing on channel distributions.Lamp is the world’s leading provider of large-screen digital display systems and comprehensive solutions for big data information visualization.Focus on new display panels, big data information visualization, optical electronics, image processing, signal transmission, etc. In the field of technology, it is committed to improving the visual experience of human display technology.Products mainly in HD LED screens,fixed LED screens,rental LED screens and creative LED screens.
(Yicai Global) June 13 -- BOE Technology Group, TCL China Star Optoelectronics Technology and other big Chinese liquid crystal display manufacturers are reducing output starting from this month to try and stop a freefall in prices caused by a global glut.
Panel makers are cutting production by 16 percent on average from this month, Rong Chaoping, senior researcher at market research firm AVC Revo, told Yicai Global. Television panel makers are expected to ship 3.6 million less panels than last month.
Panel makers will reduce capacity by between 15 and 20 percent this month, said Wu Rongbing, chief analyst at Chinese semiconductor intelligence service Omdia.
LCD TV display shipments from China’s five largest panel manufacturers accounted for 68.5 percent of the global market in April, a new high, and they were expected to exceed 70 percent this year, according to Omdia.
The global panel industry is expected to slash production by about 20 percent this year, according to Beijing-based Sigmaintell. It is the first time since 2013 that the worldwide sector has implemented such a large-scale and wide-ranging cut in manufacturing. But it should help to slow the fall in prices, Li said.
“Tumbling prices are squeezing profits,” Li said. “The price of a TV panel is now below cost price and that of some data panels is also below the manufacturing cost.”
“Panel makers are facing rising liquidity pressure and bigger losses as prices are now below cost price, so the display industry is likely to undergo another big reshuffle,” Rong said.
Panel prices are likely to stop dropping this month or next as output falls, Wu said. Whether prices will start to pick up soon depends on when demand improves.
Over the years, with the wider and wider application of LCD screens, more and more brand products have been favored by the people. Together, more and more LCD manufacturers have emerged. Of course, the most popular brands in China are BOE, INNOLUX, CHIMEI, AUO, CSOT, etc. So, Which is the best brand of
It is better to say who is more professional than good or bad. In fact, the above mentioned LCD screen manufacturers are very professional, and the quality is guaranteed. But the most popular must be BOE and INNOLUX, these two panel manufacturers are also obvious to all. They all have multiple distributors, but not every distributor has the best size and price.
SZ XIANHENG TECHNOLOGY CO., LTD. is the agent of AUO, BOE, INNOLUX, SHARP, IVO and Mitsubishi, and other domestic and foreign well-known brands of small and medium-sized LCD display; specializing in customized production of touch screen display, LCD and industrial touch display and other high-tech products. According to the needs of customers, we can provide various LCD products: high-brightness LCD screen, LCD driver board, touch screen, booster board, all kinds of LCD special wires, etc. to produce industrial displays.
What brand of LCD screen is good? If you choose BOE, INNOLUX, CHIMEI, AUO or CSOT, you can buy them from us. 18.5 inch LCD screen, 21.5 inch LCD screen and other small and medium size, our price is the lowest in the industry.
In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years.
Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.
LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.
Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world"s few large-, medium -and small-sized product lines.
AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.
Now Sharp is still top 10 TV brands all over the world. Just like BOE, Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.
Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.
Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China.
Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines.
Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.
In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share.
Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world"s top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.
Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).
The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.
TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.
TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.
In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.
EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.
Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM).
After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.
JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables.
Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).
► When the leading Korean players Samsung Display and LG Display exit LCD production, BOE will be the most significant player in the LCD market. Though OLED can replace the LCD, it will take years for it to be fully replaced.
► As foreign companies control evaporation material and machines, panel manufacturers seek a cheaper way to mass-produce OLED panels – inkjet printing.
When mainstream consumer electronics brands choose their device panels, the top three choices are Samsung Display, LG Display (LGD) and BOE (000725:SZ) – the first two from Korea and the third from China. From liquid-crystal displays (LCD) to active-matrix organic light-emitting diode (AMOLED), display panel technology has been upgrading with bigger screen products.
From the early 1990s, LCDs appeared and replaced cathode-ray tube (CRT) screens, which enabled lighter and thinner display devices. Japanese electronics companies like JDI pioneered the panel technology upgrade while Samsung Display and LGD were nobodies in the field. Every technology upgrade or revolution is a chance for new players to disrupt the old paradigm.
The landscape was changed in 2001 when Korean players firstly made a breakthrough in the Gen 5 panel technology – the later the generation, the bigger the panel size. A large panel size allows display manufacturers to cut more display screens from one panel and create bigger-screen products. "The bigger the better" is a motto for panel makers as the cost can be controlled better and they can offer bigger-size products to satisfy the burgeoning middle-class" needs.
LCD panel makers have been striving to realize bigger-size products in the past four decades. The technology breakthrough of Gen 5 in 2002 made big-screen LCD TV available and it sent Samsung Display and LGD to the front row, squeezing the market share of Japanese panel makers.
The throne chair of LCD passed from Japanese companies to Korean enterprises – and now Chinese players are clinching it, replacing the Koreans. After twenty years of development, Chinese panel makers have mastered LCD panel technology and actively engage in large panel R&D projects. Mass production created a supply surplus that led to drops in LCD price. In May 2020, Samsung Display announced that it would shut down all LCD fabs in China and Korea but concentrate on quantum dot LCD (Samsung calls it QLED) production; LGD stated that it would close LCD TV panel fabs in Korea and focus on organic LED (OLED). Their retreats left BOE and China Stars to digest the LCD market share.
Consumer preference has been changing during the Korean fab"s recession: Bigger-or-not is fine but better image quality ranks first. While LCD needs the backlight to show colors and substrates for the liquid crystal layer, OLED enables lighter and flexible screens (curvy or foldable), higher resolution and improved color display. It itself can emit lights – no backlight or liquid layer is needed. With the above advantages, OLED has been replacing the less-profitable LCD screens.
Samsung Display has been the major screen supplier for high-end consumer electronics, like its own flagship cell phone products and Apple"s iPhone series. LGD dominated the large OLED TV market as it is the one that handles large-size OLED mass production. To further understand Korean panel makers" monopolizing position, it is worth mentioning fine metal mask (FMM), a critical part of the OLED RGB evaporation process – a process in OLED mass production that significantly affects the yield rate.
Prior to 2018, Samsung Display and DNP"s monopolistic supply contract prevented other panel fabs from acquiring quality FMM products as DNP bonded with Hitachi Metal, the "only" FMM material provider choice for OLED makers. After the contract expired, panel makers like BOE could purchase FFM from DNP for their OLED R&D and mass production. Except for FFM materials, vacuum evaporation equipment is dominated by Canon Tokki, a Japanese company. Its role in the OLED industry resembles that of ASML in the integrated circuit space. Canon Tokki"s annual production of vacuum evaporation equipment is fewer than ten and thereby limits the total production of OLED panels that rely on evaporation technology.
The shortage of equipment and scarcity of materials inspired panel fabs to explore substitute technology; they discovered that inkjet printing has the potential to be the thing to replace evaporation. Plus, evaporation could be applied to QLED panels as quantum dots are difficult to be vaporized. Inkjet printing prints materials (liquefied organic gas or quantum dots) to substrates, saving materials and breaking free from FMM"s size restriction. With the new tech, large-size OLED panels can theoretically be recognized with improved yield rate and cost-efficiency. However, the tech is at an early stage when inkjet printing precision could not meet panel manufacturers" requirements.
Display and LGD are using evaporation on their OLED products. To summarize, OLED currently adopts evaporation and QLED must go with inkjet printing, but evaporation is a more mature tech. Technology adoption will determine a different track for the company to pursue. With inkjet printing technology, players are at a similar starting point, which is a chance for all to run to the front – so it is for Chinese panel fabs. Certainly, panel production involves more technologies (like flexible panels) than evaporation or inkjet printing and only mastering all required technologies can help a company to compete at the same level.
Presently, Chinese panel fabs are investing heavily in OLED production while betting on QLED. BOE has four Gen 6 OLED product lines, four Gen 8.5 and one Gen 10.5 LCD lines; China Star, controlled by the major appliance titan TCL, has invested two Gen 6 OLED fabs and four large-size LCD product lines.
Remembering the last "regime change" that occurred in 2005 when Korean fabs overtook Japanese" place in the LCD market, the new phase of panel technology changed the outlook of the industry. Now, OLED or QLED could mark the perfect time for us to expect landscape change.
After Samsung Display and LGD ceding from LCD TV productions, the vacant market share will be digested by BOE, China Star and other LCD makers. Indeed, OLED and QLED have the potential to take over the LCD market in the future, but the process may take more than a decade. Korean companies took ten years from panel fab"s research on OLED to mass production of small- and medium-size OLED electronics. Yet, LCD screen cell phones are still available in the market.
LCD will not disappear until OLED/QLED"s cost control can compete with it. The low- to middle-end panel market still prefers cheap LCD devices and consumers are satisfied with LCD products – thicker but cheaper. BOE has been the largest TV panel maker since 2019. As estimated by Informa, BOE and China Star will hold a duopoly on the flat panel display market.
BOE"s performance seems to have ridden on a roller coaster ride in the past several years. Large-size panel mass production like Gen 8.5 and Gen 10.5 fabs helped BOE recognize the first place in production volume. On the other side, expanded large-size panel factories and expenses of OLED product lines are costly: BOE planned to spend CNY 176.24 billion (USD 25.92 billion) – more than Tibet"s 2019 GDP CNY 169.78 billion – on Chengdu and Mianyang"s Gen 6 AMOLED lines and Hefei and Wuhan"s Gen 10.5 LCD lines.
Except for making large-size TVs, bigger panels can cut out more display screens for smaller devices like laptops and cell phones, which are more profitable than TV products. On its first-half earnings concall, BOE said that it is shifting its production focus to cell phone and laptop products as they are more profitable than TV products. TV, IT and cell phone products counted for 30%, 44% and 33% of its productions respectively and the recent rising TV price may lead to an increased portion of TV products in the short term.
Except for outdoor large screens, TV is another driver that pushes panel makers to research on how to make bigger and bigger screens. A research done by CHEARI showed that Chinese TV sales dropped by 10.6% to CNY 128.2 billion from 2018 to 2019. Large-size TV sales increased as a total but the unit price decreased; high-end products like laser TV and OLED TV saw a strong growth of 131.2% and 34.1%, respectively.
The demand for different products may vary as lifestyles change and panel fabs need to make on-time judgments and respond to the change. For instance, the coming Olympics is a new driving factor to boost TV sales; "smart city" projects around the world will need more screens for data visualization; people will own more screens and better screens when life quality improves. Flexible screens, cost-efficient production process, accessible materials, changing market and all these problems are indeed the next opportunity for the industry.