It is reported that Chongqing Huike Jinhao Optoelectronics will invest 40 billion yuan ($6.37 billion) to build an 11G LCD factory in Zhengzhou, China, mainly producing 65-150-inch 4K / 8K panels.
Global large-size LCD TVs are booming
The global LCD panel industry has entered the 10.5 / 11G era, in which BOE began mass production of the 10.5G product line in March 2018. According to industry sources, although it still faces learning curve and yield problems, it is expected that BOE will become the top supplier of 65-inch and 75-inch TV panels in 2019.
More 10.5 / 11G product lines will be launched in 2019 and beyond, including Huaxing Optoelectronics (CSOT) 11G product line, Foxconn's 10.5G product line and Huike Electronics' new 11G factory.
Huaxing Optoelectronics' 11G plant will be put into mass production in March 2019, producing 90,000 glass substrates per month, mainly producing 43-, 65- and 75-inch TV panels.
Foxconn's 10.5G production line in Guangzhou, China is also expected to begin commercial production in 2019, with production focus on 65-inch and 75-inch 8K IGZO panels.
Including the new 11G factory of Huike Electronics, 65-inch and 75-inch panels will become mainstream products within three years.
At present, the global shipment of 65-inch TV panels reaches about 1 million pieces per month, among which Samsung Display, LG Display, AU Optronics and Innolux are the main participating companies in the market. At the same time, shipments of 75-inch panels reached about 150,000 pieces per month, mainly from manufacturers in South Korea and Taiwan.
In 2017, Samsung Electronics, LG Electronics and Sony were the top three suppliers in the 65-inch TV market. According to sources, Samsung Electronics and LG Electronics plan to ship 4.5 million units and 2.1 million units of 65-inch TV sets in 2018, up from 3 million units and 1.2 million units in the same period last year. In 2017, Samsung and Sony are also in the leading position in the 75-inch TV field.