Shulou(Shulou.com)11/24 Report--

CTOnews.com, January 30 news, Shen Tianma said in a recent investor survey that in terms of industry competition, the global display industry is mainly distributed in Chinese mainland region, South Korea, Taiwan of China and Japan. With the maturity of new technologies such as LTPS-TFT LCD and AMOLED and the raising of investment barriers for related industries, South Korea and Chinese mainland regions have begun to lead the industry development.

Deep Tianma said that South Korea is withdrawing from the field of TFT LCD and will focus on the field of OLED, domestic panel companies in the LCD industry has gradually grasped the market voice, and continue to increase investment and research and development in the field of OLED, is currently in rapid catch-up.

CTOnews.com learned that when talking about the next market demand, Shen Tianma said that in terms of business areas, the product cycle of the professional display business based on vehicles and industrial products is longer, the demand visibility is relatively stable, and the medium-and long-term development trend is good; due to the influence of factors such as macro-economy and relatively low consumer demand, the consumer electronics market is still under adjustment.

With regard to new energy vehicles, Shen Tianma pointed out that the company has maintained good cooperation with mainstream global manufacturers, including new energy vehicle factories, in the field of on-board display. The growth rate of new energy vehicles in the industry is obvious at present, and the company is also actively developing, and the new energy vehicle business will also become one of the important growth directions of the company's vehicle business in the future. In terms of domestic new energy vehicle companies, the company has a good customer base and project competitiveness. At the same time, the company also continues to cooperate with traditional car companies in new energy models, and multi-screen and large-screen display products have been applied in the first models. For the new energy vehicle business, the company set up a special business team, will increase market development efforts, in-depth exploration of cooperation opportunities with new energy customers, continue to improve customer project coverage and share, and strive for a rapid increase in share.

Upstream localization, Shen Tianma said that in the display field, with the gradual maturity and stability of domestic resources, the current degree of localization of LCD raw materials is relatively high, but the layout of core raw materials and key equipment upstream of AMOLED, foreign suppliers still have a strong say, and it still takes time to improve the localization rate. With the continuous development of the display industry chain and the increasing maturity of AMOLED display technology, and the continuous improvement of domestic key raw materials, equipment quality and capacity, the localization rate of AMOLED raw materials and equipment is expected to be gradually improved. The company has established friendly cooperative relations with thousands of suppliers around the world, maintains and seeks long-term and deep cooperation, and has always supported and encouraged the development of domestic materials and equipment suppliers. The company will continue to promote the localization of the supply chain, diversified procurement, and constantly strengthen the resilience of the supply chain.

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