On December 16, TCL Technology stated on its investor interaction platform that Guangdong Juhua, a subsidiary of the company, is the only national-level flexible display innovation platform. It has successfully manufactured 32-inch printed OLED products and integrated resources from all links of the industrial chain from materials, processes, and processes to application verification.
TCL Technology pointed out that the company's mid-size business is growing rapidly in the high-end market segment, and has been introduced to many leading domestic and foreign customers in the automotive industry, with shipments increasing rapidly. The t4 flexible OLED production line has completed the second and third phases of capacity construction, and is committed to creating differentiated competitive advantages such as flexible folding and under-screen cameras. However, due to the impact of early R&D investment and fixed expenses during the production line ramp-up period, t4's operating pressure has increased month-on-month. The company will focus on improving product technology capabilities, meet the needs of strategic customers, and gradually improve operating efficiency.
In addition, in terms of research and development, in the first three quarters of 2021, TCL Technology invested 6.5 billion yuan in research and development, a year-on-year increase of 51.1%. TCL Huaxing focused on the development of new display technologies such as MiniLED, MicroLED, printed OLED, and QLED; mobile phone OLEDs carried out customer expansion and product research and development and production around high-end technologies such as folding screens, under-screen cameras, and narrow bezels, and cooperation with domestic and international brand manufacturers progressed smoothly. Zhonghuan Semiconductor focused on the improvement of the leading photovoltaic technology platform combining G12 large silicon wafers with shingled 3.0, the process improvement of 8-inch and 12-inch semiconductor materials, and the pre-research, collaboration, and establishment of industrial ecological alliances for core nodes upstream of the industrial chain.
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