Invest in a big year!In 2023, China s new display production line will exceed 100 billion yuan

Mondo Finance Updated on 2024-01-31

On December 28, Visionox (Hefei) flexible AMOLED module production line was lit. On December 27, Tianma Microelectronics' new display module production line project with a total investment of 8 billion yuan in Wuhu was lit. On December 14, Shanshan Co., Ltd. invested about 6 billion yuan to build a polarizer production line ......project with an annual output of 40 million square meters for high-end display in Yangzhou

After experiencing the "test" in 2022, 2023 will become a big year for investment in China's display industry, with new production lines aimed at high-end, OLED, Micro LED and other cutting-edge technology projects continue to expand production capacity, and extend to high value-added fields such as upstream glass and polarizers. It is estimated that the total scale of new production lines in 2023 will exceed 100 billion yuan, and the high-quality development of China's display industry will reach a new level.

Most of the new production line projects are aimed at high-end

In 2023, the production line construction of panel manufacturers will invariably aim at the high-end display field.

In February, BOE's 6th generation new semiconductor display device production line project with a total investment of 29 billion yuan started in Beijing, using LTPO technology to produce 1850mm*1500m substrates, focusing on the layout of VR, mini LED and other high-end display technologies, preparing for the global VR industry to enter the "metaverse" era. The reporter learned from BOE that LTPO technology can meet the needs of VR products for further improvement of pixel density on the basis of increasing limited costs, and achieve higher PPI (pixel density), which is one of the important development trends of glass-based VR product driving technology.

TCL Huaxing No. 8Mass production of 6th generation oxide semiconductor new display device production line project (Guangzhou T9 project).

In April, the 8th was built by TCL Huaxing with an investment of 35 billion yuanThe 6th generation oxide semiconductor new display device production line project (Guangzhou T9 project) was officially mass-produced and rolled off the production line. It is reported that TCL Huaxing will invest more than 5 billion yuan in 2023 and will start the construction of the production line of PH2 of the Guangzhou T9 project. Li Dongsheng, founder and chairman of TCL, said that the T9 project is expected to become a competitive LCD panel production line in the world with the advantages of high-mobility oxide technology with independent property rights to explore the industrialization of next-generation display technology.

BOE Construction 8Announcement of the 6th generation AMOLED production line project.

In November, BOE announced an investment of 63 billion yuan in Chengdu to build 8The 6th generation AMOLED production line project is mainly produced in high-end touch displays such as notebook computers and tablet computers, promoting the penetration of OLED in high-end medium-size IT products, and opening up a broad market for medium-size OLED screen products.

In December, TCL Huaxing announced at its Global Display Ecology Conference that the world's first production line using printed OLED technology to produce display screens was built in TCL Huaxing's Wuhan factory, and will be mass-produced and shipped in the second half of 2024, mainly producing displays for IT, medical and other fields. Tianma Microelectronics has a new display module production line project with a total investment of 8 billion yuan in Wuhu, which is mainly for the three major application markets of vehicle display, IT display (flat panel, notebook, display, etc.) and industrial display. Visionox's flexible AMOLED module production line in Hefei is lit, with an annual output of about 26 million pieces of 6 12-inch flexible AMOLED module products.

According to Omdia data, the total demand for IT display panels will be about 600 million pieces in 2023. In particular, with Apple's announcement that it will use OLED screens for iPads in 2024 and MACBs in 2026, and Audi announced that it will use 2.7 million OLED in-vehicle displays from 2027 to 2030, the market demand for medium-sized OLED panels is growing rapidly.

Chen Yan, a senior analyst of Qunzhi Consulting IT panel, told reporters that in the medium and long term, with a number of G8The X OLED IT line plan has been implemented, and the OLED IT production capacity** will increase exponentially, and it is expected that the OLED IT production capacity area** will increase by nearly 10 times in 2028.

Upstream glass and polarizer investment continues to grow

With a total investment of 20 billion yuan, Rainbow (Xianyang) G8The 5+ substrate glass production line was ignited and put into operation, the ultra-thin flexible glass project of Dongxu Group with a total investment of 15.5 billion yuan landed in Quzhou started, and China's first one-time molding ultra-thin flexible electronic glass (UTG) production line was put into operation in Aksu, Xinjiang......

In 2023, display glass manufacturers will set their sights on the hot high-generation cover glass and ultra-thin glass cover.

With the increasing demand for display products, panels are also evolving towards large size and ultra-high definition. The larger the size of the glass substrate, the more difficult it is to produce. China has become the world's most influential terminal manufacturing and demand country, and the demand for glass cover is also expanding year by year.

From the G6 generation span to the G8Gen 5 is a huge challenge for glass manufacturers. Li Miao, general manager of Rainbow Display Devices, said that G8The area of the 5th generation glass is twice that of the 6th generation glass, and the thickness is reduced to 05 mm, its manufacturing difficulty can be imagined. It is reported that in 2022 Rainbow G8The production speed of 5+ large-tonnage liquid crystal glass substrates has reached the best level of international counterparts, and it will be ignited and put into production in 2023, breaking the bottleneck of China's high-generation substrate glass key process technology.

According to a report by TrendForce, the market penetration rate of UTG in foldable phones has exceeded 90%, and the output value of UTG will reach 3$600 million.

The construction of the production line of Dongxu ultra-thin flexible glass is to take a fancy to the broad market prospect of UTG glass. It is reported that its ultra-thin flexible electronic glass (UTG) production line adopts its self-developed one-time molding technology, which can directly generate original glass sheets with performance comparable to imported products, and promote the localization process of the folding display industry chain.

In 2023, the polarizer industry will also be very lively, with many companies successively increasing the production capacity of high-end polarizers and ultra-wide production lines, injecting new momentum into the development of local high-end polarizers.

In May, Sanlipu invested 10 billion yuan to build two wide 1720mm and two 2520mm ultra-wide polarizer production lines in Hubei, with a design capacity of 1400 million square meters per year. In June, Shanjin Optoelectronics' Zhangjiagang polarizer project with a total investment of 3 billion yuan was put into operation, which is the world's leading ultra-wide polarizer production line independently developed and built by Shanshan Co., Ltd. after the acquisition of LG chemical polarizers. In December, Shanshan Co., Ltd., the parent company of Shanjin Optoelectronics, announced that it would invest about 6 billion yuan to build a polarizer production line project with an annual output of 40 million square meters for high-end display in Yangzhou, targeting high-end notebooks, mobile phones, and automotive fields.

Shanjin Optoelectronics Zhangjiagang polarizer project was put into operation.

Omdia data shows that in 2023, the proportion of China's LCD panel production capacity and China's OLED panel production capacity will exceed 70% and 40% of the global production capacity respectively, but there is still a large gap in the local supporting of polarizers, especially in high-end notebooks, mobile phones, vehicles and other fields. According to the Blue Book of Display Industry Polarizers (2022), with the rapid development and expansion of display panels and terminal products in recent years, the demand for display polarizers in China will increase to about 41.5 billion square meters, an increase of about 20% compared with 2021.

The reporter learned from the LCD Branch of the China Optics and Optoelectronics Industry Association that in the first three quarters of 2023, China's display materials revenue scale was 35 billion US dollars, an increase of nearly 10% year-on-year, and the global market accounted for 45%, an increase of nearly 5 percentage points year-on-year. The main reason why China's new display industry has shown strong resilience in the global industrial downturn is that China's panel factories have achieved certain competitive advantages by increasing the localization and localization of upstream materials and equipment, as well as the continuous efforts of upstream manufacturers.

Next-generation display technology projects are accelerating

As a next-generation display technology, Micro LED will enter a new stage of development in 2023, with the output of technological achievements and the progress of new projects accelerating.

In July, BOE HC Semitek's Micro LED wafer manufacturing and packaging and testing base project with a total investment of 5 billion yuan started in Zhuhai, which will form an annual output of 5The production capacity of 880,000 pieces and 45,000KK micro LED pixel devices. In September, Chenxian Optoelectronics laid the foundation stone for the TFT-based micro LED production line in Chengdu, and in the same month, it lit up the world's first 102-inch P05 (pixel pitch 0.)5mm) TFT-based Micro LED splicing screen. This production line is all self-designed, and uses a number of "first sets" of micro LED mass production equipment.

Chenxian optoelectronics lights up the world's first 102-inch P05 TFT-based micro-LED splicing screen.

Based on the maturity of technology research and development and the judgment of the industrial environment, Chenxian Optoelectronics has launched the world's first TFT-based micro LED production line, with a total investment of 3 billion yuan, and will take the lead in the layout of large-size commercial display fields, and is expected to achieve product shipments by the end of 2024. Huang Xiuqi, general manager of Chenxian Optoelectronics, told reporters.

In December, China's first large-size silicon-based micro LED micro display production line independently designed by Xi'an Saifuls Semiconductor Technology Co., Ltd. was officially completed in Shaanxi, with a total production capacity of 600,000 pieces, which will not only meet the demand for large-scale micro display shipments, but also provide support for the development of smart phones, AR VR, tablet computers and other fields.

Xi Kerui, vice president of Tianma Micro LED Research Institute, said that 70% and 80% of the mass production process technology of the micro LED production line invested by Tianma Xiamen has been opened, and the production line will be officially lit in 2024, and it is expected that small batch mass production will be achieved in 2025 and 2026.

Industry insiders said that as the micro LED production line enters a new stage, the next step will be to promote technology development and product development go hand in hand, and strive to open up the underlying technologies such as substrate drive, mass transfer, and IC drive algorithmIn terms of product development, we will continue to improve product yield and production efficiency to reduce costs.

TrendForce**, in 2024, wearable devices will become the driving force for the growth of the micro LED market, and the overall micro LED market is estimated to reach 12US$4.4 billion, with a compound annual growth rate of 146.

Author丨Lu Mengqi.

Editor丨Qiu Jiangyong.

American editor丨Mary.

Producer丨Lian Xiaodong.

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