Industry News
China's display industry continues to rank first in the world in terms of scale

At the press conference of the 2023 World Display Industry Conference held in Beijing on August 22nd, Yang Xudong, Deputy Director of the Electronic Information Department of the Ministry of Industry and Information Technology of China, introduced that China's display industry continues to rank first in the world in terms of scale. In 2022, the output value of display panels in China exceeded 360 billion yuan, accounting for 48% of the global market; The shipment area of display panels is 160 million square meters, accounting for 68.6% of the global market, with a year-on-year increase of 5 percentage points, firmly occupying the world's first place.

Yang Xudong introduced that the important position of China's new display industry in the world has gradually been established, and its technological capabilities have been greatly enhanced. In the field of TFT-LCD (Thin Film Transistor Liquid Crystal Display), China has already possessed international leading advantages, and the production capacity of AMOLED (Active Matrix Organic Light Emitting Diode, a type of display screen technology) has gradually increased. Electronic paper, quantum dots, Mini/Micro LEDs (Sub millimeter Light Emitting Diodes/Micro Light Emitting Diodes) Various display technologies such as printing display and laser display are accelerating their growth.

In terms of innovation, China has made significant progress in areas such as ultra-thin, flexible, transparent displays, and 4K/8K ultra high-definition displays, and has successively launched multiple global debut products. The global proportion of display panel patent applications has reached 35%, ranking first in the world.

Yang Xudong stated that China has become one of the countries with the most diverse display types, the most active technological innovation, and the richest downstream applications. In addition to providing high-quality and affordable products worldwide, it also attracts upstream and downstream enterprises from the global industrial chain to invest and build factories in China, deeply participating in the construction of China's industrial chain.

Source By: Daily China

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