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Company News >> OLED is becoming a trend. Chinese panel companies are taking over the technological commanding heights. 20th,Sep,2018
                                                 OLED TVs account for more than 50% of the global high-end TV market, representing that this technology is becoming a trend. China's second largest panel company Huaxing Optoelectronics announced that it is preparing to build a second 11th generation panel production line and will introduce OLED technology. In the future, OLED TVs will quickly seize the technical commanding heights.

OLED is becoming a trend, Chinese panel companies seize the technical commanding heights

LGD holds a leading position in the OLED TV panel industry

Among the global OLED panel manufacturers, Samsung and LGD are the leaders. Samsung is dominant in the small and medium-sized OLED panel industry, which is dominated by consumer electronics such as smart phones. The market share of small and medium-sized OLED panels is over 90%.

LGD has an advantage in the large-size OLED panel industry for TV. It has a market share of more than 90% in this industry. At present, more than a dozen TV companies in the world have formed an alliance with LGD to promote the development of OLED TV. Most TV companies choose OLED. It means that OLED TV will become the mainstream of global OLED TV.

At present, LGD is investing in the construction of the 8.5-generation OLED panel production line in Guangzhou, which is expected to be put into production next year. This will help to consolidate its leading position in large-size OLED TVs. It is also building an advanced OLED panel production line in the Chinese market. For Chinese TV companies, after all, China is the world's largest TV market. Two of the world's top four TV brands are Chinese brands, namely TCL and Hisense.

Chinese panel companies are rising rapidly

Ten years ago, Chinese panel companies were still insignificant in the global market. Until 2009, China's BOE and Huaxing Optoelectronics began to invest in 8/8.5 generation LCD panel production lines. China's LCD panel production capacity has grown rapidly, and China's mainland China surpassed China in 2016. Taiwan has become the world's second largest producer of LCD panels.

After the scale of the LCD panel production capacity of BOE and Huaxing Optoelectronics began to build more globally the most advanced 10.5/11 generation panel production line, the BOE 10.5 generation line was put into operation last October, and BOE has surpassed LGD to become global last year. The largest LCD panel manufacturer.

The 11th generation line of Huaxing Optoelectronics will be put into production next year. It is forming a benign competition with BOE. It is expected that China will surpass South Korea to become the world's largest LCD panel production site after the 11th generation line of Huaxing Optoelectronics is put into production next year.

Chinese panel companies change from big to strong

After China's panel companies are rapidly expanding, they also need to be stronger to obtain better profits for technology research and development. Therefore, they have begun to invest in panel technology. Nowadays, OLED panel technology that has become the global panel technology trend is the focus of Chinese panel companies. .

In the small and medium-sized OLED panel technology, the domestic market is full of flowers, BOE's 6th generation OLED panel production line has been successfully put into production, Huaxing Optoelectronics is also building its 6th generation OLED panel production line in Wuhan, in addition to Hehui Optoelectronics, soft Small and medium-sized panel manufacturers such as Yu Technology will start production of small and medium-sized OLED panel production lines, which will partially meet the demand of domestic mobile phone companies for OLED panels.

In the large-size OLED panel industry, the 11th generation OLED panel production line built by Huaxing Optoelectronics will become the first OLED panel production line for TV in China, which shows the determination of Chinese panel manufacturers to be aggressive.

Huaxing Optoelectronics expects to start production of 11-generation OLED panel production line by 2021. In 1989, OLED TVs accounted for about 1% of the global TV market. With the launch of LGD's 8th generation OLED panel production line in Guangzhou, OLED TV will become more popular next year. The production of 11-generation OLED panel production line of Huaxing Optoelectronics should catch up with the peak of OLED TV popularization.

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