Samsung Display will introduce the first 8th generation OLED production line equipment.
Wright Optoelectronics' net profit in the first quarter increased by 66% year-on-year29% to 10583%
TCL Technology will continue to increase its resource investment in the fields of semiconductor display and new energy photovoltaics.
The following is the hot content of the week compiled for you by the Commercial Display World Convergence ** Center, which is divided into:Terminal enterprise products, upstream panel solutions, financial reports and policiesThree aspects.
Terminal enterprise products
TCL Technology will continue to increase its resource investment in the fields of semiconductor display and new energy photovoltaics.
On February 27, TCL Technology issued an announcement on the action plan to promote the "double improvement of quality and return". The announcement pointed out that TCL Technology will continue to increase resource investment in the field of semiconductor display and new energy photovoltaics, and insist on promoting intelligent manufacturing and industry 40, continue to deeply integrate digitalization and advanced manufacturing, and realize the dynamic management of the whole production process and the whole life cycle of products. (Sina Finance).
BOE and Dongchao Technology have reached a strategic cooperation to jointly promote the innovation and development of new display and virtual reality industry
On February 28, Dongchao Technology reached a strategic cooperation with BOE Group and officially signed a cooperation agreement. The two sides will carry out in-depth cooperation in the fields of complete machine equipment procurement, technology research and development, and marketing, and jointly promote the innovation and development of the new display and virtual reality industry to achieve mutual benefit and win-win results. (North Evening**).
Huike restarted its IPO
Recently, Huike Co., Ltd. and China International Capital Co., Ltd. signed a listing counseling agreement to reopen the road to listing. According to the listing guidance arrangement, Huike will prepare for the initial public offering of A shares** and listing application documents before June 2024, and may be successfully listed in the second half of the year. (Oriental Fortune Network).
Upstream Panel Solution
Mega Optoelectronics LED backlight and LCD module project settled in Kunshan Development Zone
On February 26, Kunshan Development Zone and Shenzhen Zhaoji Optoelectronics successfully signed a contract in Shenzhen, with a total investment of 1The $500 million megadisplay optoelectronics high-definition ultra-thin LED backlight and TFT-LCD module intelligent manufacturing project settled in the development zone, which will help the new generation of information technology in the region to achieve strong chain complementation and chain extension, and inject strong momentum into accelerating the construction of a new pattern of collaborative innovation and integrated development of the industrial chain. (People of Kunshan City**).
Samsung Display will introduce the first 8th generation OLED production line equipment this month
In March 2024, Samsung Display will introduce the first 8th generation OLED production line evaporation machine, which will be manufactured by Canon Tokki in Japan. This move marks that SDC's plan to Apple, Dell, and HP and other **8th generation IT OLED panels is gradually advancing. (Tencent.com).
Sunic System announced that it will supply Micro OLED evaporators to Lakeside Optical Core
On February 28, Sunic System announced that it has signed a contract with Jiangsu Meida Technology & Trade in China to produce the first mass production deposition equipment for Oledos. In the end, the first business was Lakeside Optical Core Semiconductor (hereinafter referred to as Lakeside), with a contract amount of 33.2 billion won (about 1 yuan.)800 million yuan), which is expected to be supplied in January next year. (LCD mesh).
Financial reporting policy
Lianjian Optoelectronics: It is expected that the net profit in 2023 will turn losses into profits year-on-year
Recently, Lianjian Optoelectronics announced its financial report. According to the report, it is expected that in 2023, Lianjian Optoelectronics will achieve a net profit of 7.5 million yuan to 11.25 million yuan, a year-on-year turnaround, and a non-net loss of 16.5 million yuan to 24.75 million yuan. Talking about the reasons for the change in performance, the main reason is that during the reporting period, the company further promoted the strategic layout of "focusing on the main business and strengthening the core competence", completed the divestment of the digital marketing business, gradually improved the operating indicators, and focused on the development of the company's LED display core business. In addition, through management measures such as structure adjustment, process optimization, product upgrade, and cost control, the company has gradually highlighted the effectiveness of cost reduction and efficiency increase, thereby further improving the company's overall operational efficiency. (Sina Finance).
Wright Optoelectronics' net profit in the first quarter increased by 66% year-on-year29% to 10583%
Recently, Wright Optoelectronics performance announcement was released. According to the report, the company is expected to achieve operating income of 1$1.3 billion to $14.1 billion yuan, a year-on-year increase of 6006% to 10001%；The net profit was 3911090,000 yuan to 4841250,000 yuan, a year-on-year increase of 6629% to 10583%。During the reporting period, the downstream market demand for OLED continued to grow, and the company's OLED terminal material revenue increased significantly year-on-year. At the same time, the scale effect of new products has gradually improved, the company has actively implemented cost reduction and efficiency increase, and its profitability has been greatly improved. (CBN).