TCL's second 11th generation ultra-high definition new display device production line planned in Shenzhen was finally finalized and officially signed on May 22, 2018. The ceremony was held in Huaxing Optoelectronics G11 Industrial Park in Shenzhen Guangming New District. The goal of Huaxing Optoelectronics t7 project is Shenzhen Guangming New District invests and builds a 11th-generation ultra-high-definition new display device production line that processes approximately 90,000 3370mm x 2940mm glass substrates in one month. It mainly manufactures and sells 65-inch, 70-inch, 75-inch 8K ultra-high-definition displays and 65-inch screens. OLED, 75-inch OLED display, etc. The total project investment is approximately 42.683 billion yuan. This project was jointly invested by TCL Corporation, China Star Optoelectronics and Shenzhen Major Industrial Development Fund. It is planned to officially mass production in March 2021.
Although the display industry is still concerned about excess panel production capacity, the t7 project that has long been under planning is still optimistic because it is part of the TCL semiconductor display business and meets the needs of the new display industry, with TCL. Multimedia is an important outlet for production capacity. In addition, Wu Rongbing, a senior analyst at IHS Markit, believes that the highlight of the t7 project is the printing of OLEDs. Huaxing Optoelectronics has exhibited a 31-inch printed OLED panel with a certain level of technical strength. Even after three years, it will print OLEDs. Yield is not ideal, but also can maintain a certain pilot production capacity, is the necessary basis for the rapid maturation of printing OLED.
Card size large size 8K TV
Previously, TCL has already had a 11th-generation line project under construction - t6, and it plans to achieve mass production in early 2019. The re-investment and construction of 11-generation panel production lines is obviously promising for large-size, ultra-high-definition panels.
With the upgrading of consumption and the drive of new display technologies, the TV panel market is shifting to large-scale, ultra-high definition displays. The demand for high-end color TVs with 65-inch and higher size is growing rapidly. The year 2017 is the first year of super-large size. Various panel makers are rushing to invest. More resources to produce more than 60-inch products, but the overall size of the large-scale production capacity increased significantly, and wait until the 20th to the 2020 year 10.5/11 generation line out to increase the supply. Wu Rong-Bing said that the t7 project will further promote the TV panel Larger size, probably in a few years, 55 inches will become the largest single size.
It is predicted that the average size of global television in 2021 may reach 50 inches, and the size of over 60-inch oversized TVs will also reach 44 million, accounting for 15.4% of the total in 2016 from 6.9% in 2017.
At the same time, it is expected that 8K products will enter a period of rapid development after 2018. Public information indicates that Japan has announced that it will achieve 8K video broadcasting at the 2020 Olympic Games. TV terminal manufacturers have successively released 8K televisions, and China will become the largest of 8K televisions. Consumer market. TCL Group expects that by 2021, domestic shipments of 8K TVs will reach 4.68 million units, accounting for 77% of global shipments. In shipments of 65-inch and larger TVs, the proportion of 8K will increase to 21%. TCL chose to invest in the second 11th-generation line project at this time. It is obviously the demand for the card-based domestic 8K TV.
It is estimated that with the completion of the Huaxing Opto-electronics t6 project and the t7 project, the market share of Huaxing Optoelectronics in the large-size products will increase to the top three in the world, with an occupancy rate of 14%, second only to LGD and BOE.
Printing OLED production test field
TCL emphasized in the announcement that the t7 project has also planned the production capacity of some OLEDs in order to achieve a breakthrough in domestic large-size OLED products and to guide the trend of new technology trends in the industry.
Currently, OLED panel production capacity is mainly controlled by Korean panel makers. Samsung, represented by small- and medium-size OLEDs, produces RGB OLEDs mainly through high-temperature evaporation. Currently, the process technology is relatively mature, and the yield rate is relatively high. Domestic panel makers have followed suit in investment; For large-size OLEDs, W-OLEDs, which are produced by LGD through high-temperature evaporation, are currently produced at a significantly higher cost than LCD TV panels. Market acceptance is low. In 2017, OLED TV panels shipped 1.7 million units in TV panels. The market share is less than 1%. The scientific community seeks to break through the bottleneck of large-scale OLED mass production in other ways. The printing display is one of high expectations.
The printing shows the use of organic, inorganic, nanomaterials that can be solubilized and processed by printing or coating techniques instead of traditional semiconductor technology/vacuum technology. Compared to evaporated OLEDs, printed OLEDs are light, thin, flexible, large-area, and low-density. The characteristics of cost, green manufacturing, etc., are a revolution in industrial technology and are the direction of future development of new display industries. Samsung in South Korea, JOLED in Japan, and Huaxing Optoelectronics in China are all actively developing R&D of printed displays, but Huaxing Optoelectronics is the world's No. A company that invests in printing OLED panel production lines.
In terms of technology reserves, Huaxing Optoelectronics uses Guangdong Juhua as a platform to establish joint printing and display labs upstream and downstream of the industrial chain to speed up the development and mass production of printing process and technology. Guangdong Juhua as a national printing and flexible display innovation center ', is the first national innovation center in the display area, has successfully developed a 31-inch printed OLED display and a 5-inch printed quantum dot (QLED) display. Industry experts expect that the printing display will reach mass production conditions by 2020 , To be printed, showing that key technologies are mature and industrialized and applied will greatly reduce the production cost of large-screen OLEDs and promote the rapid development of the large-size OLED panel market. Wu Rongbing believes that even if the print OLED yield is not ideal after three years, it can be maintained. A certain pilot production capacity.
Still have to be alert to the overcapacity of the entire industry
The development history of LCD shows that the 'partial productivity' of the 'reserved' production line of the calendar production line can only be used for testing. The main force of the Huaxing Opto-electronics t7 project is still large-size LCD. At present, the global panel manufacturers are investing nonstop 10.5/11. On behalf of the line, the t7 project is once more overweight. Li Yaqin, deputy general manager of Quzhi Consulting, pointed out that t7 will be the 6th 10.5/11th generation line for global investment confirmation. The previous five 10.5/11th generation lines are the 10.5 generation line of the BOE Hefei. , BOE Wuhan 10.5 generation line, Foxconn Guangzhou 10.5 generation line, China Star Optoelectronics t6 project, LG Display Pao 10.5 generation line.
Investing in so many 10.5/11 generation lines will continue to push up the panel production capacity in the next few years. According to Quzhi Consultation, the global 10.5/11 generation line capacity will reach 64 million square meters per year by 2022, equivalent to the global 8.5 generation line. 50% to 60% of the production capacity. And these capacities are all rapidly increasing during the four years from 2018 to 2021. Although the large size of TV panels does require more generational production capacity to meet, this rapid expansion of production investment is likely to bring about As a result, capacity supply is growing faster than demand, which may be the main contradiction faced by the TV panel market in the coming years. For China Star Optronics, with its good customer structure and TCL Multimedia backing, it is possible to have two The 11th-generation line operates very well, but from the perspective of the industry as a whole, practitioners must be cautious about capacity issues. Li Yaqin emphasized that the oversupply brings rapid declines in prices. Although the overall brand cost has declined, it will also bring customers and consumption. The wait-and-feel sentiment of holding the currency to buy is not conducive to the sound development of the market, and the upstream suppliers will also face pressure to reduce costs.
With the deepening development of the Internet of Things and the growth of large-size TV market demand, the market needs a higher generation line. However, any new investment should be measured from the perspective of the whole and individual, otherwise it will not only harm the sound development of the entire industry, but also the individual can not be very good. Profit. Li Yaqin appealed that we should also guide the local government and enterprises to conduct rational and orderly investment from the perspective of policy, and avoid disorderly development of the industry.