1. Shenzhen Tianma plans to invest RMB 14.5 billion to build the second phase of the 6th generation AMOLED production line;
According to the micro-network news, June 1st, Shen Tianma announced that according to the development strategy plan, the company plans to expand the 6th generation based on the 6th generation LTPSAMOLED project of Wuhan Tianma Microelectronics Co., Ltd., a wholly-owned subsidiary. LTPSAMOLED production line capacity scale, namely the construction of the sixth generation LTPSAMOLED production line Phase II project (Wuhan) (hereinafter referred to as 'second phase project').
On the same day, Shen Tianma and Wuhan East Lake New Technology Development Zone Administrative Committee (hereinafter referred to as the 'East Lake Development Zone Management Committee') signed the “Language Cooperation Agreement for the 6th Generation LTPSAMOLED Production Line”. It is reported that the second phase project The total investment is estimated to be 14.5 billion yuan. The second-phase project construction period is expected to be 25 months. After completion and production, the 6th-generation LTPS AMOLED production line project and the 6th-generation LTPS AMOLED production line 2 project will collectively form 37,500 flexible AMOLED displays per month. The ability of the panel.
Up to now, Hubei Provincial Science and Technology Investment Group Co., Ltd. (hereinafter referred to as “Hubei Ketou”) holds 6.14% shares of Shenzhen Tianma, and the Administrative Committee of Donghu Development Zone is the controlling shareholder of Hubei Ketou. According to regulations, this time the cooperation agreement is signed. Constitute a company's related transactions.
Shen Tianma stated that the company's investment in the second phase of the 6th generation LTPS AMOLED production line project (Wuhan) will help further enhance the company's market position in the medium and small size high-end displays, especially in the AMOLED field, and accelerate the realization of the strategic goals of leading companies in the global display industry. The sub-passing cooperation with the Administrative Committee of Donghu Development Zone will help the smooth implementation of the company's second-phase project by giving full play to the local government's advantages in policy support and resource integration.
It is worth mentioning that Steven Liu, Marketing Director of Tianma, attended the 2018 Strait New Exhibition Industry Summit Forum on the two sides of the Taiwan Strait (Nanjing). He also revealed a lot of heavy news about his 6th-generation AMOLED production line. Steven at the meeting Said that Tianma's sixth-generation AMOLED production line in Wuhan (phase 1 project) is gradually progressing as planned, and will be officially mass-produced in June.
It is understood that the Tianma G6 AMOLED production line can not only produce advanced LTPS substrates, but also has complete core process capability such as OLED evaporation and packaging, and can support production from rigid AMOLEDs, flexible AMOLEDs, and flexible touch screens, and can be used for smart phones. High-quality AMOLED planes and curved displays are available in mobile smart terminal products such as tablet PCs, emerging market products such as VR and AR, and smart wearable and foldable devices.
2. Foxconn will provide millet OEM TVs in India next month;
Tencent Technology relies on cost-effective red rice, Xiaomi has become the leader of the Indian smart phone market. Xiaomi is not satisfied, ready to spoil the Indian TV market. According to foreign media latest news, as early as July, Foxconn Group will be India to OEM millet TV.
According to the Indian Economic Times website quoted several industry executives as saying that Xiaomi is currently negotiating with Foxconn, the negotiations have entered a later stage. If it goes well, Foxconn will start from July July and create TV sets for Xiaomi. These India TVs made will also be listed in the retail season of the Hanukkah end of the year in India.
The Hanukkah holiday in India is also the most important retail season before the end of the year. It is also an excellent opportunity for Chinese manufacturers to increase hardware sales.
Foxconn is already a senior partner of Xiaomi. In India, Foxconn has factories that manufacture mobile phones for Xiaomi, which significantly reduces the overall cost of Xiaomi’s mobile phones.
An industry executive stated that Xiaomi’s goal in India is to become the largest TV manufacturer on the Internet and will later enter multi-brand retail stores. If local manufacturing is implemented, Xiaomi TV can not only reduce costs, but also better understand supply. Chain, quickly meet market demand.
In April of this year, Xiaomi’s chief Lei Jun had stated that he would manufacture television sets in India, possibly in 2018, when Xiaomi did not have a concrete plan.
Lei Jun told Indian media that Xiaomi will become a 'catfish' in the Indian TV market, stirring up the market, just as the wealthy Albanian company Jio has brought a subversion to the Indian telecommunications industry.
Lei Jun also said that the Indian government also needs to reduce the tax burden in order to reduce the retail price of television sets.
At present, millet TVs have been sold in India, but they are all imported from China. Not long ago, Xiaomi also increased the price of some TV models, mainly due to the increase in tax burden of the Indian government and the devaluation of the Indian currency.
It is reported that India has increased the tariff on imported televisions from the previous 15% to 20%. For TV panels, the import tariff is 20%. For unfinished semi-finished panels, the import tariff is 5%.
Sony is a world-famous TV manufacturer. Before that, Sony had already commissioned Foxconn OEM TV in India to avoid the adverse effects of tariff increase. In addition, some television brands that are mainly retailed on the Indian network have also begun to consider domestic manufacturing. .
In the global smart phone market, Xiaomi’s main low-end and cost-effective mobile phones have an average price of less than RMB 1,000. The Red Mobile has been warmly welcomed by consumers in India and other Asian, African and Latin American countries. Recently, Xiaomi has also entered the market. Europe, further expand product coverage.
In the Chinese market, Xiaomi has become an influential TV maker, further driving down the price of TV sales and posing a great threat to traditional TV manufacturers. (General/Dawn)
3. JDI's share price fell! Analysts: Apple will not fully use OLED in 2019;
Recently, the South Korean media quoted so-called informed sources that the iPhone, which will be launched by Apple in 2019, will be replaced with an OLED panel to replace the LCD panel. The news immediately caused a major Apple LCD supplier, the Japanese monitor. The stock price of the company (JDI) fell sharply. However, Wall Street analysts now report that it is impossible for Apple to fully adopt OLED panels in such a short period of time to further hit South Korean media reports.
"Bloomberg" quoted JPM Korgan analyst Jay Kwon's report that the use of cheaper LCD LCD panel is an important strategic key for Apple in 2018. Due to the affordable price, the new model will be It helps Apple to expand its mid-priced users and further increase market share. Therefore, once the full replacement of higher-priced OLED screens, the pricing range of its product lines will also become smaller, which will affect the sales strategy. Therefore, by 2019 Apple will It is not likely to suddenly change such a strategy.
In addition, the report also quoted the report of Jeff Pu, an analyst at Yuanda Securities, saying that Apple will use OLED screens on 3 new mobile phones in 2019. To achieve sufficient OLED panels, the number will face a bottleneck. Because, in 2017, Apple sold 216 million iPhones. South Korea's Samsung Display is currently the exclusive supplier of iPhone's OLED screens, given that Samsung’s flagship smartphones also use OLED screens. The output of Samsung monitors may be difficult to meet the needs of Apple's 3 iPhones to adopt OLED screens. In addition, in the case of other suppliers, including LG Display, it is still difficult to achieve the mass production capacity of Samsung monitors. Using OLED screens will be very challenging.
Daiki Takayama, an analyst at Goldman Sachs, also believes that recent reports from multiple vendors have shown that Apple will continue to adopt LCD LCD screens in 2019 and will not fully adopt OLED screens. Therefore, these two days are relevant. The panel company's stock price is in fact overreacting. Although some survey institutions stated that Apple will eventually adopt the OLED screen completely, it will not be in the upcoming 2019. However, these two days were impacted by this bad news. JDI's stock price From the highest point of 139 yen per share, it fell to a minimum of 117 yen, a decrease of more than 15%. technews
4. Apple passes the curved screen technology to surface;
Apple ploughed the curved display screen. According to foreign media reports, Apple laid out an iPhone curved display screen that allows the display screen to be curled on both sides.
Apple and South Korea's Samsung (Samsung) in the curling of mobile phone screen technology is frequently competing. Foreign media previously reported that Samsung's new generation of Note smart phone screen may use a curly design, the screen is not only displayed in the front of the fuselage, but also can be extended to bend The back of the fuselage shows, so that the entire front and back of the fuselage, has a screen display.
Apple also did not make much effort to actively invest in technology that can fold the iPhone. Foreign technology site Patently Apple reported that Apple continued to plunge iPhone curved display screen technology, so that the display screen is bent on both sides, may use liquid metal material.
Foreign media previously reported that Apple designed a rollable screen that can be rolled into a cylindrical hollow shape like paper or folded into a triangular shape.
From the material point of view, the report pointed out that including sapphire substrates or other crystalline materials and transparent materials, etc., can also be used to form a hollow-shaped screen design.
Apple also announced the development of flexible organic light-emitting diode (OLED) screens and flexible alloy technology, so that the iPhone can be folded outwards, but also to wear clothing.
The report pointed out that in order to make the folded iPhone feasible, Apple relied on a variety of bendable component designs. In addition to the flexible OLED screen with a metal structure, Apple is also developing flexible nickel-titanium shape memory alloy (nitinol) technology. , And other technologies that include bendable chemical polymers.
5. Lianmei Holdings: Subsidiary companies provide technical support for Xiaomi 8 mobile phones;
In the micro-message news, May 31, Lianmei Holding stated on the investor interaction platform that the newly released Xiaomi 8 mobile phone is the first attempt of Android mobile phone for 3D structured light technology. This technology is invested by the shares of the United States holding the Israeli MV The company provided technical support. In January 2018, Lian Mei Holdings invested in Israeli MV Corporation and became its largest shareholder.
6. Global smartphone panel or structural price increase in the third quarter of 2018
In the first half of 2018, the market demand was sluggish, panel demand was low, and the supply of smart phone panels was in an oversupply situation. In the second half of the year, with the arrival of the market peak season, it is expected that the supply and demand ratio of the panel will be further narrowed, and affected by the shortage of DDIC (driving chips). , The panel price began to move toward a stable or partial specification of the pressure of price increases.
Demand side: It is expected that the total demand for global smart phone panels in the third quarter will be about 530 million units, an increase of approximately 31.4% from the previous quarter.
From the perspective of demand, in the first half of 2018, the global smartphone growth remained weak. According to statistics from Sigmaintell, global smartphone shipments reached 320 million units in the first quarter, down 2.6% year-on-year; It is still difficult to get rid of the year-on-year downward trend. In the second quarter, global smart phone shipments were estimated to exceed 330 million units, down 0.4% year-on-year. The market demand did not improve significantly. At the same time, due to the development of full-screen and special-shaped screens, panel customization was high. In order to avoid inventory risks, terminal manufacturers are also more cautious about stocking the panel, resulting in weak overall panel demand.
After the first half of the slack season, market demand will start to pick up in the second half of the year. Sigmaintell expects total global smartphone panel demand in the third quarter to be approximately 530 million units, an increase of 31.4% from the previous quarter. In particular, active stocking of new Apple products Driven by the demand, panel demand began to strengthen. In the third quarter, Apple's total demand for panels is expected to be close to 100 million, which is more than double the chain growth. Other brands will also actively prepare for the arrival of the season.
Supply side: In the third quarter, the supply and demand ratio of global smart phone panels narrowed, and the overall trend became more balanced, alerting to structural risks.
From the supply side, due to the impact of irregular screen yields and other factors, the supply of panels has declined slightly. With the increase in yield and stability, the supply of LCD panels and rigid AMOLED panels in the third quarter has been affected by the overall size expansion. There is a slight increase in stability. Among them, the flexible supply capacity of AMOLEDs continues to increase. The supply growth is the most obvious. According to Sigmaintell's estimate, the overall supply capacity of smart phone panels in the third quarter increased by 8% month-on-month, in which flexible AMOLED supply capacity The increase of nearly 30% mainly responds to the growth of Apple's demand.
It can be seen that in the third quarter, the global smartphone panel demand growth is much higher than supply growth, and the supply-demand ratio is narrowing. Sigmaintell's supply and demand model analysis believes that different technology categories present varying degrees of supply risks:
(A) Supply and demand of LCD panels and price trends:
1) The price advantage of a-Si LCD panel makes it still occupy a major share of low-end smart phones. With the arrival of the peak season in the second half of the year, the supply and demand in the third quarter is expected to be tight. With the rising pressure of DDIC (driving chip), a -Si cell phone panel prices have upward pressure.
2) The LTPS LCD panel was in a state of oversupply for a long period of time. With the development of a full-screen, the proportion of LTPS projects in each terminal has increased, demand has grown significantly, and Apple’s new LCD demand this year has remained strong. It is estimated that LTPS LCD panels will be available in the third quarter. Supply and demand tend to balance, the oversupply situation has been significantly improved.
In general, for LCD panels, it is worth noting that the development of full screen has also been driving the growth of incell solutions. Currently, the driver IC has been out of stock due to capacity constraints. In particular, the TDDI driver IC is the most serious, and the overall display scheme has been advanced in advance. In a stressful atmosphere, IC prices have started to rise, and are affected by cost shifts. The panel module price is also expected to usher in price increases.
(B) AMOLED panel supply and demand and price trends:
1) Rigid AMOLED is actively following up on the development of full-screen in both price strategy and product strategy, stabilizing and striving for more customer orders. The most prominent is Samsung Display (SDC)'s successful introduction of Xiaomi's rice series project this year, customer orders Blessing. However, due to the poor performance of the Samsung Electronics market, the panel demand for rigid AMOLEDs declined year-on-year; and the new capacity of the mainland panel makers was released in the third quarter. Based on the above factors, Sigmaintell believes that the overall supply and demand of rigid AMOLEDs in the third quarter is relatively stable. Balance, the basic balance of prices.
2) Flexible AMOLED will mainly be affected by Apple's demand. In the third quarter, Apple's new machine will be released. The demand will increase and the overall supply will tend to be tight.