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The days are long gone when a single vertically-integrated manufacturer like Ford or General Motors could design and manufacture all or most of the subassemblies and components it needs to make a finished product. Technology is just too complicated, and it is impossible to possess all the skills that are necessary in just one place. Consequently, manufacturers have turned to specialists and subcontractors who narrowly focus on just one area — and even those specialists have to rely on many others. And just as the world has come to rely on different regions for natural resources like iron ore or lithium metal, so too has it become dependent on regions where these specialists reside.

For example, the display is made up of a number of components. At its heart is a thin-film transistor liquid crystal display (TFT-LCD) panel, which is mated with a backlight assembly and bezel. The TFT-LCD panels are made by a handful of Asian manufacturers in large, capital-intensive factories — the most recent of these cost more than $6 billion each to build and equip. These panel makers, in turn, are dependent on others who supply essential raw materials such as optically flat glass sheets, polarizing films, flexible circuit connectors, display driver chips, and a host of other inputs. The display driver chips are made in semiconductor factories (“fabs”) spread around the world.

Capital efficiency — how much capital you have deployed in your business — is another thing that is important to shareholders and Wall Street analysts. Nobody wants to pay for idle or underutilized capacity, and in sectors where the capital expenditures for plant and equipment are extraordinarily high (think semiconductors, flat panel displays, automotive assembly, materials processing), investors applaud the outsourcing or offshoring to someone who is willing to invest or to a geography where they can receive subsidies.

The desire to avoid capital investments also leads to risk aversion to investing in new manufacturing technologies. I worked with a company that was supplying quantum dot backlighting technology for LCD flat-panel displays. Manufacturers were insistent that any new technologies had to fit into their existing capital-intensive workflows. I also heard a leader of a U.S. Department of Energy R&D group worry about how the extensive battery-manufacturing infrastructure in China had moved so effectively down the cost curve that it made it difficult for a potentially superior new technology from several MIT spinoffs to compete let alone raise the capital for a new production facility. The problem for the United States is exacerbated by countries like China that subsidize the construction and equipping of new production facilities.

Ford Territory EV will be the first all-electric model offered by Ford in China. The compact crossover/SUV is promised to enter the market in the second half of 2019, under the Ford China 2.0 plan.

The owner of this website (china.tradeford.com) has banned the autonomous system number (ASN) your IP address is in (20473) from accessing this website.

The updated mid-size SUV features new styling front and rear and a revamped interior with a landscape-oriented 27-inch touchscreen display serving as the infotainment hub.

The updated front end features new headlights and a larger grille with a more rounded shape inspired by a lion"s nose. At the rear, there are new C-shaped taillights that extend across the tailgate and separated by a black strip with the Ford logo sitting center.

Here in the U.S., the Explorer was last redesigned for the 2020 model year and will likely receive an update around 2024, when Ford is expected to introduce an electric Explorer based on a separate dedicated EV platform. An electric Lincoln Aviator is also planned.

SEOUL (Reuters) - Chinese flat screen makers, once dismissed as second-class players in the global LCD market, are drawing envious looks from big names such as LG Display Co Ltd and Samsung.A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak

While the Korean giants were busy developing next-generation organic light emitting diode (OLED) TVs, little-known Chinese companies have started selling a type of display that are sharper than the standard LCD and cheaper than OLED.

Until last year, the UHD market had been almost non-existent, with just 33,000 sets sold in the 200 million-unit LCD TV market. Since then, shipments have soared around 20-fold, thanks to China, data from research firm IHS shows.

Chinese consumers who want brighter and sharper images but can’t afford OLED screens made by LG and Samsung Display, a unit of Samsung Electronics Co Ltd, are turning to UHD.

But its slow introduction into the market and austere prices have thrown open a window of opportunity for UHD makers, in this case Chinese companies like BOE Technology Group Co Ltd and TCL Corp’s LCD unit CSOT.

“We assumed it’ll be too early for this type of display to take off, and thus didn’t think much of having diverse UHD product line-ups, especially in the low end. But I think we are not late just yet and we are working hard to lead the market here.”

By comparison, Japanese flat-screen pioneer Sharp Corp reported a razor-thin 0.5 percent margin. LG Display, the world’s No.1 LCD maker, posted a 5.6 percent margin.

Samsung Display, a unit of Samsung Electronics, had a margin of 13 percent, the biggest in the industry. But excluding its fledging OLED business, its LCD margin is between 3 and 7 percent, according to a Bernstein forecast.

Jolted by the reality of a growing UHD market, Samsung Electronics unveiled a 110-inch UHD TV in January. Interestingly, the UHD displays were not made by Samsung Display, but were produced by Taiwan’s AU Optronics.

“Even with some expansion of the Chinese panel suppliers we do expect Samsung and LG Display to stay dominant and continue production in LCD,” said Sweta Dash, director at IHS.

While Samsung and LG Display are investing billions of dollars in OLED this year, the two giants are also broadening their product lineups to include more popular 50 to 60-inch UHD models.

BOE Technology is now planning to raise 46 billion yuan ($7.5 billion) in the biggest Chinese equity offering this year, to build panel production lines and increase its stake in its LCD venture BOE Display Technology.

One of Tesla’s key suppliers is preparing to set up shop in North America. In a recent statement, AU Optronics, which supplies car displays for companies like Tesla, noted on Tuesday that it would “definitely build or help build a plant in North America.

AUO supplies displays for automakers like Tesla, Ford, Toyota, and BMW. The company is also the world’s second-largest notebook display supplier, boasting clients such as Apple, Dell, and HP. The company is headquartered in Taiwan and operates numerous production sites in Asia, such as Xiamen and Suzhou.

“Supplying the automotive market is highly customized. Display makers generally need to do more assembly work to link displays with other systems and then ship them to customers, so we need to be close to customers and the market, instead of only supplying screens,” Peng said.

Explaining further, Peng noted that displays in vehicles have been growing as of late. Just a few years ago, car displays were typically around 6 inches, but the screens have grown to more than 20 inches in recent years. This, according to the AUO Chair, typically results in more packaging costs.