China's OLED industry has certain R & D and industrialization capabilities, and some areas have independent technologies. At present, there are about 40 universities and research institutions engaged in the research and development of OLED technology in China, and many enterprises are involved in the industrialization of OLED. In June 2011, 19 OLED enterprises and institutions in China jointly established the China OLED Industry Alliance. On the LCD display, China has formed five panel industry clusters in Beijing, Tianjin, Hebei, Pearl River Delta, Fujian, Taiwan, Yangtze River Delta, and Midwest. So far, 8 8.5 generation lines have been put into mass production, and another 5 high-generation lines have been contracted or started construction. China has become the world's most important LCD panel manufacturing base.
In 2010, China's first AMOLED pilot line was completed and put into operation in Kunshan; in 2012, Henan Jilan Technology OLED project started; on November 21, 2013, BOE's 5.5th generation AMOLED production line was put into operation in Ordos, Inner Mongolia, which is the second AMOLED in the world The production line will lock in the next generation of small and medium-sized screens. In addition, China has also formed an industrial chain supporting R & D and material production.
China is currently the world's largest OLED application market, of which more than 45% of IT products are related to display devices; mobile phone production in mainland China accounts for more than 50% of global production; in addition, large-scale production will also be gradually mass-produced in the future, AMOLED panels are in NB , Netbooks, monitors and TV applications will gradually increase. In addition, with the further maturity of OLED technology, the yield rate will gradually increase, the production cost will be greatly reduced, the shortcomings of higher product prices will also be gradually eased, the market demand will be greatly released, and the market demand for OLED panels will start from next year. Increase, there is a shortage of supply.
China OLED industry market prospect analysisThe self-luminous characteristics of OLED organic display have made its contrast, black field performance, color gamut, response speed, viewing angle have been revolutionaryly improved compared with the current mainstream LED liquid crystal display on the market, and the color TV industry has gradually formed a consensus, that is, OLED represents The direction of the development of the color TV industry is promising. As a new generation of display technology, OLED also represents the development trend of "green" display technology. Because OLED technology does not contain harmful substances used in traditional display devices such as lead, mercury, cadmium, etc., its outstanding expressive power and low-carbon environmental protection concept have become a globally recognized green low-carbon display device, bringing new vitality to the scientific and technological image market And set off a wave of technological change in the field of display.
Based on the new generation of OLED display technology, an emerging industry that is beginning to take shape is emerging. Because OLED technology has many advantages that are unmatched by other technologies, its industrial prospects are receiving widespread attention from countries around the world. China, as a major consumer electronics production and consumption country, has a huge gap of nearly 2200 times between supply and demand, which also indicates that China's OLED industry has extremely broad development prospects in the next few years.
The OLED panel display structure is simpler, fewer consumables are more environmentally friendly, and it is more likely to have the advantage of low cost popularization after mass production. The OLED display has the characteristics of being flexible and rollable, which is more convenient for transportation and installation, and breaks through the size limitation. In the future, OLED wallpaper can even be used to turn the entire wall into a large display screen. In the current smart car solutions with high market attention, OLED panels have also become the first choice for display devices. According to the "OLED Industry Market Forecast and Investment Prospect Analysis Report" released by the Prospective Industry Research Institute, this market will be close to US $ 60 billion by 2022, becoming the main force in the future display world.
Forecast of China's OLED industry market size in 2017-2022 (Unit: US $ 100 million,%)
Analysis of investment opportunities in China's OLED industry(1) Mainland China has gradually become the focus of OLED investment
Mainland Chinese companies are following up rapidly in the OLED field. BOE, Hehui Optoelectronics, Truly, Huaxing Optoelectronics, Tianma, Kunshan Guoxian (Visionox), etc. are all actively deploying. Prospects predict that by 2018, the planned production capacity of AMOLED companies in mainland China will account for 31% of global production capacity; if the production capacity of LTPSAMOLED is considered separately, by 2018, mainland Chinese companies will account for 50% of global production capacity, surpassing South Korea and ranking first in the world . The rapid expansion of the AMOLED production capacity of mainland Chinese companies will mainly benefit from the mass production of new production lines of Kunshan Guoxian (Visionox), Shenzhen Tianma, Truly, Huaxing Optoelectronics, BOE and other companies, as well as BOE, Truly, and Huiguang each mass-produced a 6th-generation AMOLED line.
(2) Investment opportunities in China's OLED industry
In terms of the global AMOLED industry, domestic companies still have a considerable gap compared with world-class companies, but domestic companies represented by Hehui Optoelectronics have started mass production of AMOLED, and already have a certain industrial foundation, and many Enterprises have plans for multiple production lines in the future, and production capacity will also be greatly improved. At present, China's OLED industry is ushering in the following investment opportunities:
â—† The national strategic level actively supports the development of the AMOLED display industry and has issued a series of supporting policies.
â—† The rise of local companies represented by Hehuaxing Optoelectronics has successfully mass-produced 5 "HD, 5.5" HD AMOLED products, which has laid the foundation of technology, materials and talents for the development of other brands.
â—† The cost advantages of localized procurement for terminal brand customers.
Therefore, domestic companies should seize the opportunity to seek more breakthroughs in yield and technology accumulation. They must grasp domestic industrial policy advantages, huge terminal market demand advantages, localized procurement cost advantages, etc., and actively make efforts in AMOLED. Seize more opportunities when industrial prosperity is coming.
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