From following to leading, China's new display ind

2022-08-06
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From "following" to "leading", China's new display industry will still grow at a high speed

2017, under the influence of the continuous growth of display panel capacity, the steady and tight market supply and demand, the continuous increase of display size, the accelerated expansion of new product and new technology application fields, etc., or the poor circulation system endangering the actual bending effect and good temperature precision, China's display industry has achieved remarkable good results. Several high generation lines have been put into operation, the profits of panel enterprises have increased significantly, supporting enterprises have developed rapidly, emerging display technologies represented by AMOLED have made significant progress, and social capital and local governments still pay high attention to the industry and investment enthusiasm

looking forward to 2018, driven by the lighting up and putting into operation of many domestic production lines, the scale of China's display industry will continue to maintain a high growth rate. In terms of area, the production capacity scale will surpass that of South Korea and become the world leader. The upsurge of production line construction will drive the rapid development of supporting industries. Investment and construction in materials, special equipment and other fields will become the focus of the next development of the industry. At the same time, attention to emerging display technologies represented by AMOLED will continue to increase

China's production capacity will become the world leader

2017, under the influence of the continuous growth of display area and the stable panel price, the market demand of the global display industry will continue to grow, and the growth rate of panel shipping area will continue to be higher than the growth rate of panel shipping amount

looking forward to 2018, the global display market will continue to grow. Under the influence of the continuous growth of the size of traditional markets such as TV, display, notebook computer, tablet computer and smart, especially driven by the demand of emerging markets such as vehicle mounted, public display and smart home, it is expected that the annual panel shipment area will reach more than 219million square meters. As the center of display industry development, China is expected to surpass South Korea to become a leading country in global panel production capacity in 2018. The world's leading 10.5 generation LCD panel production line will enter mass production. Two 8.6 generation lines of China Electronics Xianyang and Chengdu will be lit up and put into production. China's display panel production capacity will reach 90million square meters. From the perspective of enterprises, BOE and csot will rank third and fifth in the world with the capacity of 46.6 million square meters and 20.2 million square meters respectively. In the next few years, with the planned generation 10.5/generation 11 high generation line put into operation, several leading enterprises in China will continue to improve in the global panel capacity ranking and their strength will also be further improved

vigorous production line construction provides good opportunities for supporting industries

in 2017, the construction of several high-generation LCD panel production lines and AMOLED production lines began, and the market demand of upstream key materials, equipment and other supporting industries grew rapidly. The upstream and downstream system of the new display industry chain, led by panel enterprises and supported by a number of small and medium-sized enterprises manufacturing materials and equipment, has taken shape

in 2018, the fields of materials and equipment will continue to be the focus of the development of China's new display industry. Foreign leading enterprises will further accelerate the pace of investment and factory building in Chinese Mainland. It is expected that enterprises such as target materials, mask plates and glass substrates will build factories in the mainland to improve the localization level. Domestic enterprises will also actively introduce, joint venture or independently research and develop the core technology of supporting materials through independent innovation, strategic cooperation and patent authorization, so as to improve the localization production capacity of key materials such as glass substrates, polarizers and photoresists. The revenue of domestic materials and equipment will continue to grow rapidly. The revenue of materials will exceed 70billion yuan, an increase of more than 50%. The revenue of equipment is expected to reach 8billion yuan, an increase of more than 30%. The supporting industry as a whole will enter the track of rapid growth. With the commencement of the construction of the 10.5/11 generation TFT-LCD production lines in BOE Wuhan, csot Shenzhen and Foxconn Guangzhou, as well as the LGD Guangzhou AMOLED production line, the investment in equipment and materials enterprises will be further stimulated. It is estimated that the global equipment investment in 2018 will reach US $13billion, of which Chinese Mainland accounts for more than 60%

technology popularity continues to rise

in 2017, the global market paid more and more attention to AMOLED panels. Apple's adoption of AMOLED panels has become a wind vane for industrial development, further accelerating the application of AMOLED in intelligent terminal products

looking forward to 2018, the rapid progress of emerging technologies will still be the theme of industrial development. AMOLED panels will further occupy the smart and other small and medium-sized markets. It is estimated that AMOLED panel shipments will reach US $35billion, and the penetration rate in Smart will exceed 35%. The production capacity of AMOLED panels in China is expected to be significantly increased in 2018. The gap between the yield of hard screen AMOLED panels and Korean enterprises will be rapidly narrowed and will occupy a place in the domestic market. In terms of flexible panels, the improvement of yield is relatively slow, and there is still a gap between the core competitiveness and the international advanced level. The establishment of the national printing and flexible display manufacturing innovation center has improved the top-level design, and the environment for common technology research and development and open cooperation of Chinese enterprises will be further optimized. Micro LED will attract more attention in 2018, and there will be enterprise level and product level phenomena, which is expected to jump out of the scope currently limited to research and forward-looking layout

industrial investment continued to grow

in 2017, under the influence of the panel price remained stable and the market supply and demand was always tight, China's new display industry investment continued to grow rapidly. Leading enterprises expanded their production scale through technological transformation and actively expanded their investment in new display fields such as AMOLED

looking forward to 2018, after the release of the new industrial development guidance policy, the development direction of the domestic industry will be more clear. China shows that the development goals of enterprises will change from domestic production line construction to resource agglomeration, upstream and downstream construction, industrial transformation and upgrading, etc. The investment in new technologies and products will be further increased. Flexible screens, full screens and folding screens have become the development hotspot with high cost of such fixtures. The investment in new AMOLED flexible production lines, related modules and upstream and downstream supporting facilities will continue to be active. Panel enterprises will accelerate the implementation of the industrial chain integration and layout plan through overseas enterprise mergers and acquisitions, joint investment, or local enterprise training. Affected by the good overall market, investment and financing channels will be further enriched. It was announced that the total amount of new investment throughout the year will exceed 100billion yuan

facing the dual pressures of "continuing to make up lessons" and "accelerating catch-up and Surpassing"

with the acceleration of the agglomeration of the display industry to the mainland of China, local governments and enterprises are full of expectations for the construction of panel production lines, the scope of investment areas has expanded rapidly, and the number of cities participating in the investment in the display industry has increased rapidly. However, as the long axis of the sample and the stretching direction through the fixture centerline tend to be scattered, the industrial agglomeration effect is weakened, the content of value projects is seriously homogenized, and even some projects are undertaking foreign backward production capacity, which may have an adverse impact on the follow-up development of China's display industry. The display industry is a resource intensive industry. The development experience of the display industry power shows the importance of long-term, high-intensity and advanced centralized support. In contrast, after a period of "make-up" investment, China's industry status has been upgraded from "follow-up" to "parallel", the supply capacity has been greatly enhanced, and the business situation of enterprises has significantly improved. However, there is still a large but not strong reality in the industry as a whole. A little carelessness will exhaust the possible advantages, and the follow-up development of the industry is facing the dual pressure of "continuing to make-up" and "accelerating catch-up"

at the same time, Chinese enterprises are in the catch-up position in the field of new technologies and new products. They should not only ensure the product supply of mature technologies, but also continuously narrow the gap with the international advanced level in new technology R & D and application. The imbalance between the continuous expansion of scale and the lack of innovation ability is becoming increasingly prominent, which has brought great challenges to the business efficiency and R & D investment of enterprises. Chinese enterprises need to increase R & D investment, speed up the pace of catch-up, and speed up the narrowing of the gap with advanced technology, so as to ensure the safe supply of downstream end markets and consolidate the leading position of the overall scale of the industrial chain

with the increasing capacity of China's display industry, the global display industry pattern has undergone significant changes. The focus of industrial development has shifted from capacity expansion to technology upgrading. Market supply and demand have maintained a dynamic balance, and the competitive environment has become more complex. There is still a big gap between China's display industry and the world's advanced level in terms of basic patent reserves. The patent layout of Chinese enterprises in the display field is still in its infancy. Compared with the rapidly expanding industrial scale, the construction of intellectual property attack and defense system is imminent. 2018 is a key year for China's display industry to leap to global leadership. In order to take the lead in industrial development and occupy a competitive position, competitors are more likely to use intellectual property rights as a competitive tool to attack China's weak links. Therefore, we should speed up the improvement of the patent conversion rate of China's new display industry, flexibly use the rules and skills of confrontation game in the intellectual property attack and defense war, and pay attention to independent research and development Accumulating core patent achievements will become a new task for the intellectual property construction of China's new display industry

in addition, at present, the key materials and equipment of China's display industry are controlled by enterprises in the United States, Japan and South Korea, and more than 90% of the equipment and more than 70% of the spare parts and key materials of domestic high-generation panel production lines depend on imports, which seriously threatens the industrial safety. Supporting facilities mainly focus on the parts with low added value and low fineness requirements, while most of the materials are low purity and low generation production lines. In the R & D of key equipment such as photolithography, ion implantation, chemical vapor deposition, sputtering, laser annealing and laser stripping, and the industrialization of key materials such as glass substrates, wet chemicals, organic light-emitting materials and packaging materials, as well as key components such as mask plates, targets and drive chips, China still does not have the strength and level to compete with the international advanced countries. In 2018, after several advanced generation panel production lines enter the mass production stage, the market supply will change from short supply to oversupply, and the supply-demand ratio of LCD products will increase from - 2.1% in 2017 to 3.2%, indicating that the possibility of products experiencing a downward price cycle has increased, and the enterprise's operating conditions are facing challenges. In this case, the high construction and production costs will have a great negative impact on the industrial competitiveness

taking multiple measures to boost industrial upgrading

to solve the above problems, it is necessary to ensure industrial support through multiple channels. Fully understand the key basic role of display technology in the digital economy era, thoroughly implement the new industrial guidance policies, define the medium and long-term development goals of the industry, establish a national new display industry investment fund, follow the operation mode of the integrated circuit industry investment fund, and increase support for key enterprises and key projects. Continue to increase financial support, make overall use of industrial transformation and upgrading funds, industrial foundation projects, special construction funds and other financial channels, strive for technological transformation funds, and focus on supporting enterprises with innovative strength and industrial advantages. On the one hand, we will complement the weak points and consolidate the industrial foundation, on the other hand, we will strengthen industrial advantages and seize the commanding heights of the industry. Flexibly apply tax policies, give play to the role of tariff leverage, timely adjust import and export tariff items and tax rates, continue to implement the policy of adding and deducting R & D expenses of new display enterprises, and revise the tax on imported materials and major equipment

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