Latest Display Tech In Focus Amid Fastexpanding Product Applications

China will increase resources to further expand its efforts to build a more modern industrial system, such as 5G communication, artificial intelligence, the Internet of Things, new energy vehicles and next-generation display technologies such as metaverse. The country's top industry regulator said Thursday.

Zhang Yunming, Vice Minister of Industry and Information Technology, said more efforts are needed to improve the stability of the industry and supply chain, promote the role of enterprises in technological innovation, and develop key areas of the new display industry.

Zhang made the remarks during a speech at the opening ceremony of the 2023 World Display Industry Conference in Chengdu, capital of Sichuan Province, on Thursday.

He noted the importance of the new exhibition sector to accelerate the country's rise in manufacturing, cyberspace and digital China, and called for better policy guidance and stronger international cooperation in the development of strategic sectors.

The country will accelerate the industrialization of new display technologies, including micro-light-emitting diodes, organic light-emitting diodes and three-dimensional displays, and increase budget support to promote innovation in the new display industry.

According to official data, China's new display industry will exceed 490 billion yuan (US$66.9 billion) by 2022, which is the highest in the world and accounts for 36% of the global total.

Display devices shipped last year amounted to 160 million square meters, and China's production capacity of smartphones, TVs, laptops and tablets has reached the highest level in the world.

New display products are accelerating integration with new industries such as 5G, AI, and IoT, and major breakthroughs have been made in industrial control, automotive, telemedicine, and smart cities. Zhang added.

Compared to traditional liquid crystal displays, new display technologies offer significant improvements in image contrast, brightness, and color gamut.

BOE Technology Group Co Ltd, one of China's leading display panel manufacturers, is doubling down on next-generation display technologies, including flexible OLED displays and micro/mini LEDs, which have great application potential in fields as diverse as smartphones. Vehicles and portable devices. provocation

Company president Chen Yanshun said BOE has invested more than 100 billion yuan in Sichuan and aims to build a dynamic OLED industry cluster in southwest China. It currently has flexible active matrix organic light emitting diode (AMOLED) production lines in Chengdu, Mianyang and Chongqing.

According to Beijing-based consultancy Sigmatel, BOE shipped 76.65 million units of flexible OLED panels used in mobile phones last year, dominating the domestic market and becoming the world's second-largest OLED producer after South Korea's Samsung. show me

Yan Nuyuan, Visionox Technology Inc. According to the president of a Chinese display panel supplier, the industry-wide supply of OLED panels will exceed 1 billion units by 2028, and the revenue will exceed $55 billion. .

Yan said that by 2023, the penetration rate of AMOLED panels in mobile phones will reach 50%, and he estimates that this figure could reach 60-70% in the next 3-5 years. Meanwhile, demand for OLED panels in medium-sized display products such as laptops and tablets is increasing.

Visionox presents technological innovations for OLEDs, which can find many applications in computers, on-board devices, augmented reality, virtual reality and smart TVs.

China will surpass South Korea by 2024 as Chinese companies invest heavily in new OLED production lines, said Zhou Hua, an OLED panel consultant.

According to Chen Jun, vice president and senior analyst at Sigmatel, the supply of flexible OLED panels used for mobile phones in China will exceed 220 million units by 2023, representing a 40% year-on-year increase.

fanfeifei@chinadaily.com.cn

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