Experts say Display Introduction:
Affected by the suspension of procurement by Samsung and the continued weak demand, the panel market has been set again, and new factories have been shut down. After Caijing previously stated that the progress of the 5.x generation new factory was suspended, AUO also recently announced the suspension of investment plans for subsequent new factories.
Fortunately, panel manufacturers such as Huike Co., Ltd. and Shenzhen Tianma have focused on other technologies and fields, and the latest news has been heard recently.
huike IPO review status changed to "Inquired"
intends to be listed on the GEM
According to the Shenzhen Stock Exchange website message, Huike shares start-up business The review status of the board IPO has been updated to "Inquired" , the update time is July 22, 2022, and the acceptance date is June 24, 2022. plans to raise 9.50 billion yuan. The sponsor of is China International Financial Co., Ltd. , the accounting firm is Tianjian Accounting Firm (Special General Partnership), the law firm is Beijing Junhe Law Firm, and the appraisal agency is Beijing Northern Asia Asset Appraisal Firm.
On June 24, the Shenzhen Stock Exchange officially accepted the application for listing of Huike Co., Ltd. on the GEM. The prospectus shows that the company plans to issue no less than 644.444444 million shares of common shares for the initial public offering. After deducting the issuance fee, all the funds raised will be used for Changsha Huike Zhongdao OLED semiconductor display device R&D upgrade project, Mini LED direct display and backlight production line expansion project , Huike Co., Ltd. Smart IoT display solution project, Mianyang Huike Oxide production and research integration project, and 285,000 million yuan to supplement working capital.
It is reported that Huike Co., Ltd. is the third largest panel manufacturer in China, with four semiconductor display panel production bases, four display terminal production bases, and four display module production bases. At the same time, Huike Co., Ltd. also owns Beihai Hardware, Beihai Plastic, Chongqing Hardware, Hefei Hardware and other display terminal accessories production factories. It can be seen that Huike Co., Ltd. has completed the industrial chain integration from semiconductor display panels to smart display terminals, and is actively exploring the integration with new industries such as the Internet of Things.
This time, Huike Co., Ltd. plans to raise 9.5 billion yuan to invest in Changsha Huike Zhongdao OLED semiconductor display device R&D and upgrade project, Mini LED direct display and backlight production line expansion project, Mianyang Huike Oxide production and research integration project, etc., to achieve the common development of OLED, Mini LED, and Oxide, further enrich product application scenarios, and continuously improve shipment volume and market ranking.
Huike Co., Ltd. believes that the investment projects raised funds implemented in this plan are all carried out around the company's main business. Through the implementation of the fundraising projects, the company further increases investment in research and development and innovation in new products and new technologies, improves innovation capabilities, and further enhances the company's core competitiveness.
According to Huike Co., Ltd., the Mini LED direct display and backlight production line expansion project plans to add a production line for small pitch and Mini LED direct display and backlight, mobile phone and laptop backlight, monitor backlight and TV backlight . Mini LED backlighting and TFT LCD display panel achieve excellent display performance while having lower costs than OLED display technology. It is an important innovative upgrade of TFT LCD display technology.
In addition, with the release of production capacity of the semiconductor display panel industry, the market demand for backlight products has increased rapidly. Huike Co., Ltd.'s existing backlight product production capacity can no longer meet the growing order demand. Therefore, the company will increase production capacity through the implementation of this project to match market demand.
Focus on car display
Tianma MicroelectronicsDisclosures two information
Recently, two information have been sent to Shenzhen Tianma. One is that has received a government subsidy of 200 million yuan ; the other is to focus on car display and disclose relevant information.
According to the Shenzhen Tianma announcement, the company's wholly-owned subsidiary Xiamen Tianma Microelectronics Co., Ltd. (hereinafter referred to as " Xiamen Tianma ") received the "Notice on Allocation of R&D Support Subsidy Funds of Xiamen Tianma Microelectronics Co., Ltd." from the Xiamen Torch High-Tech Industrial Development Zone Management Committee, and the Xiamen Torch High-Tech Industrial Development Zone Management Committee allocated 200 million yuan of R&D Support Subsidy Funds to Xiamen Tianma.
As of the date of this announcement, Xiamen Tianma has received the above subsidies, accounting for 12.97% of the company's audited net profit in 2021 (before retrospective adjustment). The government subsidies received by Xiamen Tianma are related to daily business activities and are sustainable.
August 1, Shenzhen Tianma disclosed important information on vehicle display on the investor interaction platform, and paid great attention to the development of vehicle display.
According to Shenzhen Tianma, its in-vehicle display products are mainly aimed at the front-mounted market, and the products are basically shipped in module form, providing customers with integrated display solutions. Shenzhen Tianma was built in the automotive display R&D center in January this year, committed to improving the R&D capabilities of in-vehicle complex modules and the ability to integrate overall solutions. The company recently announced a joint venture to build a new display module project, which will further enhance the company's overall shipment scale and competitive advantage, and will greatly strengthen the company's ability to specialize in large-size modules in display fields such as automotive, industrial products, and IT, which will help further enhance the company's comprehensive competitiveness in the display field.
In the automotive business, Shentianma covers various smart cockpit products including instruments, central control, HUD, rearview mirrors, rear seat entertainment, etc.; the size range covers 2 inches to 40 inches , and all the above sizes are mass-produced and shipped; in the direction of large-size screens, it can provide a variety of display solutions such as single screen, dual screen, triple screen, etc.
With the promotion of the "new three transformations" of automobiles, large-screen displays in car are gradually becoming a major trend in in-car applications today. According to Shenzhen Tianma, it has long been a layout in the automotive large-screen design, supporting multiple types of combinations such as instruments, central controls, co-drivers entertainment, etc., and has shipped to major domestic and foreign customers; such as the 27+12.3-inch through-type panoramic screen used on Lincoln, the 12.3+8.8-inch instrument + central control screen used on Maserati , and the 21.7+12.3-inch dual-screen products used on domestic important customers, and have made large-scale project breakthroughs in the next generation of automotive central control platforms including 15.6-inch or above, and the world's leading manufacturers' next-generation automotive central control platforms.
Shentianma pointed out that as a core component of the in-vehicle large-screen solution, the instrument has the highest safety performance requirements and the highest entry threshold. The company has maintained a global leading shipment volume in this field for a long time and a leading technical capability in the industry. At the same time, the company is focusing on improving the optical performance, styling capabilities and interactive performance of large screens in the vehicle. The 8.6 generation line and new module production line invested and built this year accurately anchors the advantageous areas and incremental markets including on-board, and is equipped with on-board medium and large-size dedicated lines, which helps the company further meet the order needs of on-board customers, improve the shipment capabilities of on-board medium and large-size on-board display products, and drives technical specification upgrades.
This year, Shenzhen Tianma has also made many investments in display projects with the joint ventures, with the amount of exceeding 40 billion ; related projects all cover the direction of in-vehicle projects.
Shentianma emphasizes that in-car display is a customized market, and its core is the competition of system competitiveness. The development directions of automotive products include but are not limited to large-screen, high-definition, touch-control, and differentiated products. The company has layouts in related fields. In the future, the company will continue to leverage the system advantages of the automotive business from R&D to mass production, and strongly support customers in exploration in all directions, including large-screenization.
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