Chinese mini LED manufacturers progressing and almost on par with the “leader”

Looking back on the past, Chinese mini LED manufacturers play the role of chasers and followers in the display industry.

from CRT to LCD, and then to OLED, every change in display technology will trigger a new round of industrial transformation and reshaping of the competitive landscape on a global scale.

From “follower” to “leader”, Chinese manufacturers must bet

In the history of the development of the LCD panel industry in China, this is a very special transition period.

The fate of traditional CRT (cathode ray tube) monitors being replaced by LCD(liquid crystal display) is a foregone conclusion.

However, as the world’s largest TV producer, China cannot be self-sufficient in its core component, the LCD panel.

mini led tv wall
mini led tv wall

In 2010, the Chinese government invested heavily in display manufacturers

Until around 2010, encouraged by policies and promoted by the market, a large number of panel manufacturers emerged in China:

  • Boe
  • China Starlight
  • China Electronic Panda
  • Shenzhen Tianma and other LCD manufatures

After ten years of efforts, the above-mentioned Chinese enterprises broke through the blockade of Japanese and South Korean panel enterprises and gradually showed their leading position in the industry.

The LCD panel industry in China has gradually bid farewell to the difficult “following” stage and gained the ticket of “equal footing” with the global panel manufacturers.

A landmark event is that in 2015, BOE started construction of the 10.5th generation TFT-LCD production line in Hefei.

One year later, the TFT-LCD production line of the 11th generation line of Shenzhen Huaxing Optoelectronics started construction.

The establishment of the two highest-generation production lines in the world has given BOE and China Star a favorable market share,

but also allowed China to stand on the global commanding heights of the ultra-large-size LCD panel market.

In the entire LCD field from small to large sizes, my country’s panel manufacturers have achieved a comprehensive lead.

A set of data closely related to this is: China’s market share in the global panel field is constantly rising.

In terms of revenue, Chinese panels will account for 41.5% of the global market in 2021, beating the former overlord South Korea with 33.2%.

Specifically, in terms of LCD panels, Chinese manufacturers have won 50.7% of the global market share.

In recent years, under the influence of policy incentives and investment of industrial capital, as well as the increasing demand in the end application field,

Chinese mini LED manufacturers have built and shipped AMOLED production lines.

In terms of overall sales, the global AMOLED production capacity is mainly concentrated in Samsung, LG and other companies.

Samsung dominates the field of small-size OLED panels, and LG is flourishing in the field of large-size OLED panels.

Fortunately, in the new wave of display technology, Mini LED is still a infancy technology in the world, and foreign enterprises have not yet formed a technology monopoly.

For domestic enterprises, Mini LED has undoubtedly become an excellent breakthrough to seize development opportunities.



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