In the field of LCD, the strength of Chinese mainland Panel Factory is constantly increasing. According to Qunzhi Consulting data, from the perspective of LCD TV panel production capacity pattern, from 2020, Chinese mainland manufacturers will account for more than 50%, and will account for nearly 70% in the future, with highly concentrated production capacity; The proportion of Korean manufacturers has rapidly shrunk to below 20%, or even to below 5%; The share of manufacturers in Taiwan Province Province of China and Japan is stable at around 30%.
20 17 12, BOE Hefu G 10.5 TFT-LCD production line products are delivered to customers offline; In the first quarter of 20 19, TCL Huaxing G 10.5 production line also achieved mass production. So far, two domestic panel companies have operated the G 10.5 production line and started to compete with overseas companies in the field of large-size panels. The improvement of technology and yield has also increased the supply of large-size panels, especially 65-inch and 75-inch panels.
Omdia data shows that in the second quarter of 2020, BOE continued to maintain its leading position in the shipment of large-size LCD panels. BOE leads with 28% shipments and 265,438+0% shipments, followed by Innolux with 65,438+05% shipments and TCL Huaxing with 65,438+03% shipments. TCL Huaxing ranked fifth in terms of shipments of large LCD panels, but ranked second in terms of shipments in the second quarter of 2020. Since TCL Huaxing T6's 10.5 generation production line has increased the output of LCD TV panels, and T7's other 10.5 generation production line will start mass production climbing at the end of this year, in the near future, Huaxing Optoelectronics will become a competitor with a similar scale to BOE.
Korean manufacturers plan to withdraw from LCD production capacity, and the scale of large-size shipments shows a shrinking trend, falling out of the top five. Nowadays, the LCD panel supply of Samsung Electronics and LG Electronics is more dependent on China panel manufacturers, especially JD.COM and TCL Huaxing. To this end, Samsung Display invested in TCL Huaxing's 10.5 generation line panel factory, and TCL Huaxing also invested in Samsung Display's Zhou Su 8.5 generation line factory.
On August 28th, TCL Technology announced that TCL Huaxing planned to acquire 60% equity of Suzhou Samsung Electronic LCD Technology Co., Ltd. and 0/00% equity of Suzhou Samsung Display Co., Ltd. at a price of 65.438+0.8 billion USD (about 7.622 billion RMB). At the same time, Samsung indicated that it would increase the equity of Suzhou Samsung Electronics Liquid Crystal Technology Co., Ltd. by 60% at the price of 739 million US dollars (about 52130,000 RMB) to TCL Huaxing. After the capital increase, Samsung indicated that its share in TCL Huaxing would increase from 5.02% to 12.33%, making it the second largest shareholder of TCL Huaxing. David Xie said that TCL Huaxing, with the financial support of TCL Technology Group, is gradually challenging BOE's leading position in LCD TV panel production capacity. On the other hand, BOE is also considering merging with CLP Panda's LCD factory. This alliance will prevent TCL Huaxing from winning the LCD factory of CLP Panda and expanding its production share.
Different routes of organic light-emitting diodes will compete.
The technical route of large-size organic light-emitting diodes is mainly divided into WOLED which is relatively mature and mass-produced, printed organic light-emitting diode technology which is in the initial stage of industrialization and QD- organic light-emitting diode which is still in the stage of technology research and development. TrendBand data shows that LGD has four production lines, all of which are evaporative organic light-emitting diodes; ; Samsung has two production lines, one is evaporation technology and the other is printing technology. BOE has an evaporation production line; At present, TCL Huaxing has planned three printed OLED production lines.
Samsung Display and LGD are fully turning to the organic light-emitting diode group. Samsung demonstrated the key layout of quantum dot QD- OLED technology route and maintained its leading position. It is reported that Samsung indicated that it will start trial production of QD- OLED panels in the first quarter of 20021,and plans to start formal production in the second quarter, with a planned production capacity of 30,000 pieces per month.
LGD Guangzhou 8.5 generation WOLED panel factory has achieved mass production, with a monthly production capacity of about 60,000 pieces. Together with the monthly production capacity of 70,000 glass substrates in Paju factory in South Korea, the overall monthly production capacity will reach 6.5438+0.3 million.
Samsung Electronics, LG Electronics and TCL TV are also competing in the TV terminal market. David Hsieh said that in terms of quantity, Samsung's QLED TV annual shipments are 5 million units; The goal of LG Display is also 5 million WOLED TV panels every year. Samsung QLED TV has performed well with the support of perforated panels of various display manufacturers, while LGD intends to expand the customer base of WOLED TV panels to achieve long-term sustainable development. In addition, TCL is the top three LCD TV manufacturers in the world. Affected by the low price of LCD TV, the retail performance of WOLED TV in the first half of 2020 was poor, which affected the long-term expansion of LGD WOLED TV panel production capacity.
Therefore, from the TV terminal market to the panel market, although the competition among several giants is fierce, there are also opportunities for cooperation. For example, BOE is also developing WOLED evaporation technology. Omdia estimates that LGD may form an alliance with BOE to produce large-size OLED panels, and both parties will get some financial support through exchange technology.
In the field of printing organic light-emitting diodes, TCL Huaxing and JD.COM are both investing in large-scale printing of RGB organic light-emitting diodes. TCL Huaxing and JOLED Company of Japan have carried out in-depth technical cooperation in the field of printing organic light-emitting diodes. It is reported that TCL Huaxing will invest 46 billion yuan to build the world's first 8.5-generation inkjet printing organic light-emitting diode production line.
From the perspective of potential competition and cooperation in the future, TCL Huaxing and BOE hope to gain a dominant position in the competition with Korean enterprises to seize the innovative heights of organic light-emitting diodes, especially in the field of large-size organic light-emitting diode panels, with the acceleration and efforts of inkjet printing of organic light-emitting diodes. Ouyang Zhongcan, an academician of the Chinese Academy of Sciences, said that printed organic light-emitting diodes are expected to be put into mass production in the next two to three years, and China and South Korea are in a parallel relationship.
Therefore, in the field of large-size organic light-emitting diodes, the competition among Volyd, QD- organic light-emitting diodes and printed organic light-emitting diodes will gradually become obvious in the future.
Expanding the comparative advantage of interests is the focus of competition and cooperation.
The layout of the next generation display technology is also the focus of competition among many manufacturers. Mini LED, mini LED, wound printed organic light emitting diode (IJP-) and transparent display are the key development directions of future display.
Take the mini LED as an example. Recently, there have been frequent movements and the heat has soared. At the beginning of August this year, TCL released the Mini LED backlight TV. Both TCL Huaxing and BOE said that their glass mini LEDs are expected to be mass-produced in the second half of this year. Samsung expects to launch mini LED TV products next year, and plans to produce 2 million units next year. In the next year, mini LED will cause a new round of competition.
Senior analyst of TV panel research of Qunzhi Consulting also said. The formation of LCD "double giant" pattern will make the production capacity gather, and the control flexibility of panel supply side will be stronger and greater. However, the problem of continuous profitability faced by LCD TVs is becoming more and more prominent. It is expected that the production capacity of panel manufacturers will tilt towards products with strong profitability.
In the future, China Panel Factory should continue to increase investment in technology research and development, on the one hand, it can improve the image quality of LCD and narrow the product gap with organic light-emitting diodes; On the other hand, it can increase the research and reserve of organic light-emitting diode technology in the field of large size.
Judging from the competitive relationship, Xie Changting said that Samsung Display may not want LGD to cooperate closely with BOE, and BOE may not like that the alliance between Samsung Display and TCL Huaxing is too strong. Any party's strategic adjustment will have a significant impact on the panel industry ecology and panel supply chain.