LCD Industry Development Trends

The LCD industry is expected to maintain growth, with the market size continuously expanding, particularly in the fields of large-sized TVs and smart devices. In terms of technological innovation, high-resolution and large-sized LCD displays have become the mainstream, and flexible LCD technology is gradually maturing. MiniLED, as an upgrade of LCD technology, is gradually gaining popularity in the high-end TV segment. From a competitive perspective, the global LCD market is dominated by a few large enterprises, such as BOE and CSOT, which are increasing their market share through technological innovation and scale expansion. Meanwhile, Korean panel manufacturers are gradually exiting the LCD business, leading to a further expansion of Chinese mainland panel manufacturers' market share. In terms of applications, LCD displays are not only widely used in traditional fields but are also gradually expanding into emerging areas such as automotive displays and digital information displays. Additionally, the LCD industry is paying more attention to sustainable development and environmental protection, promoting green manufacturing and circular economy development.

In summary, the LCD industry will maintain its growth momentum, driven by technological innovation and market competition towards higher quality and wider applications, while emphasizing sustainable development and environmental protection.