In 2010, China's first AMOLED pilot line was completed and put into operation in Kunshan; in 2012, the Henan Blue Technology OLED project was started; on November 21, 2013, the 5.5th generation AMOLED production line of BOE was put into operation in Ordos, Inner Mongolia. This is the second AMOLED in the world. The production line will lock the next generation of small and medium-sized screens. In addition, China has also formed an industrial chain for OLED R&D and material production.
OLED industry
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, future large-size production will also be gradually mass production, AMOLED panel in NB The application of netbooks, monitors and televisions will also gradually increase. In addition, with the further maturation of OLED technology, the yield will gradually increase, the production cost will be greatly reduced, and the disadvantages of higher product prices will also be gradually eased. Market demand will Released greatly, the demand for OLED panel market will increase sharply from next year, and it will be in short supply.
China OLED Industry Market Analysis
OLED organic display self-luminous features, make its contrast, black field performance, color gamut, response speed, viewing angle compared to the current market mainstream LED liquid crystal display has a revolutionary improvement, color TV industry has gradually formed a consensus, that OLED representatives The development direction of color TV industry is promising. OLED is a new generation of display technology and represents the development trend of 'green' display technology. Because OLED technology does not contain harmful substances used by traditional display devices such as lead, mercury, cadmium, etc. The outstanding performance and low-carbon environmental protection concept have become globally recognized green low-carbon display devices, bringing new vitality to the technology and imaging market and setting off a wave of technological changes in the field of display.
Based on OLED's next-generation display technology, an emerging industry that is beginning to take shape is emerging. As OLED technology has many other technical incomparable advantages, its industrial prospects are receiving widespread attention in all countries. China as a consumer electronics production and consumption of large countries, The huge gap of nearly 2200 times between supply and demand indicates that China's OLED industry will have a very broad prospect in the coming years.
OLED panel display structure is simpler, less consumables and more environmentally friendly, and it is more likely to have the advantage of low cost and popularity after large-scale mass production. The OLED display has a flexible and curlable feature, which is more convenient for transportation and installation, and breaks through the size restrictions. Even the OLED wallpaper can be used to turn the entire wall into a large display screen. In the current smart car solutions with a high degree of market attention, OLED panels have also become the preferred display device. According to the prediction of the OLED industry market, The investment outlook analysis report predicts that by 2022, this market will be close to 60 billion U.S. dollars, becoming the main force for the future display of the world.
2017-2022 China OLED Industry Market Forecast (Unit: Billion US Dollars, %)
China OLED Industry Investment Opportunity Analysis
(I) Convergence of OLED Investment in Mainland China
Mainland Chinese companies are rapidly following up in the OLED field. BOE, Hefei Optoelectronics, Xinli, China Star Optoelectronics, Tianma, and Kunshan Guoxian (Weixin Nuo) are actively planning. Looking ahead, by 2018, the Chinese enterprises AMOLED plan Production capacity will account for 31% of global production capacity. If LTPSAMOLED's production capacity is considered separately, Chinese companies will account for 50% of global production capacity by 2018 and will surpass South Korea's number one in the world. The rapid expansion of AMOLED production capacity in Mainland China will be the major factor. Benefited from the mass production of new production lines of Kunshan Guoxian (Weixinuo), Shen Tianma, Xinli, Huaxing Optoelectronics, BOE etc., and mass production of a 6-generation AMOLED line in BOE, Truly, and Huiguang in 2017 respectively. .
(II) Investment Opportunities for China's OLED Industry
In the global AMOLED industry, there is still a big gap between domestic companies and world-class companies. However, domestic companies represented by Hefei Optoelectronics have begun mass production of AMOLEDs, and they have already achieved a certain industrial base and many In the future, there will be plans for multiple production lines, and the production capacity will also be greatly improved. At present, China's OLED industry usher in the following investment opportunities:
◆ The national strategic level actively supports the development of the AMOLED display industry and introduces a series of supporting policies.
◆ With the rise of local companies represented by China Star Optoelectronics, the company has successfully mass-produced AMOLED products of 5'HD and 5.5'HD, laying the foundation for technology, materials and talents for the development of other brands.
◆ The cost advantage of terminal brand customers' local procurement.
Therefore, domestic companies should seize the opportunity to seek more breakthroughs in yield and technology accumulation. They must firmly grasp domestic industrial policy advantages, huge demand for terminal market advantages, and cost advantages of localized procurement, and actively exert their efforts in AMOLED. Industry prosperity will soon take more opportunities.