Li Dongsheng: TCL Huaxing cultivates new business growth curves such as AR/VR

On November 16, 2021, the 2021 TCL Huaxing Global Display Ecology Conference (DTC 2021) was held in Shenzhen. Li Dongsheng, founder and chairman of TCL, revealed that high-end e-sports is the next point of strength of TCL Huaxing, and TCL Huaxing is continuing to cultivate new growth curves such as AR/VR, Mini LED, and OLED TV. Jin Minzhi, senior vice president of TCL Technology Group and CEO of TCL Huaxing Optoelectronics, said that the development of the digital world is entering a new stage, and the display industry will also undergo drastic changes.

Li Dongsheng, founder and chairman of TCL, said in his opening speech that TCL Huaxing has opened up four major business tracks of TV, IT, Mobile and Shangxian, built a full-size, all-category, all-form product application platform, and achieved leading advantages in multiple subdivisions.

In the first three quarters of this year, TCL Huaxing's operating performance hit a record high, with revenue increasing by more than 1 times year-on-year and net profit also increasing significantly. Li Dongsheng attributed it to the growth of TCL Huaxing's production capacity, continuous optimization of its structure, and high-end product strategy.

It is understood that at present, TCL Huaxing ranks first in the world in several segments such as 8K and 120Hz high-end TV displays, interactive whiteboards, LTPS tablet commercial market share, etc. Li Dongsheng revealed that high-end e-sports has become the next point of strength of TCL Huaxing, and businesses such as AR/VR, Mini LED, OLED TV and so on are the new growth curves that TCL Huaxing continues to cultivate.

For the recent hot topic of "meta-universe", Jin Minzhi, senior vice president of TCL Technology Group and CEO of TCL Huaxing Optoelectronics, mentioned in his speech that Facebook changed its global name to create a new digital world - metaverse, indicating that the development of the digital world has entered a new stage. In the new era, the display industry will also undergo drastic changes. At this conference, TCL Huaxing also proposed the concept of screen universe for the first time.

Jin Said: "In the past, display applications were relatively limited, and we were facing a relatively certain demand and large-scale market. In the future, with the continuous deepening of digitalization, display applications will become more abundant, and the demand for scenarios will put forward higher challenges to the display industry. ”

Taking laptops as an example, laptops that used to only distinguish between different sizes and home commercial occasions have now appeared thin and light books for business travelers, gaming e-sports books for heavy gamers, detachable notebooks similar to surfaces, and folding portable books in order to meet the scenario-based needs of different groups of people.

Kim believes that under the drive of diversified scenes, display technology is also evolving. In the past, consumer demand was greater and clearer, and LCD technology could dominate the world.

"The power saving, lightweight, folding, easy to carry required by users, as well as more integrated functions such as touch and biometrics, various display technologies will bloom and match the needs of different scenes." Kim said that in the future, diversified scenes will need different display technology support.

Jin Minzhi stressed that TCL Huaxing will build three major platforms of products, technologies and solutions, relying on these three platforms to create better experience display products and scene solutions.

It is reported that this year, TCL Huaxing invested in the construction of the T9 factory, which made up for its shortcomings in the medium-size field. In the future, TCL Huaxing will print OLED/QLED, FMM OLED, Mini/Micro LED, lcd Plus as the four core technology directions. Scenario is the key to the development of the future display industry, TCL Huaxing hopes to use the experience of smart transportation, smart retail, smart security, smart home and other fields to make up for the breakpoint of new application scenarios.

At present, TCL Huaxing has built seven production lines, and one is under construction. According to Jin Minzhi, there are more resources in the future in the layout planning, in view of the TCL Huaxing from the past TV TV gradually shifted to medium size, the importance of modules to it is becoming more and more prominent. TCL Huaxing is focusing on promoting the construction of five major module bases, and Suzhou has become the focus of development.

At the DTC 2021 held on the same day, TCL Huaxing and hundreds of partners and industry experts from around the world explored the cutting-edge technology and development opportunities of semiconductor display. TCL Huaxing launched five new products and technologies in the world, including a 49-inch R800 5000+Zones MLED display module, an 8-inch polarized minimal radius 360° folding screen, a 125-inch glass-based transparent direct display MLED screen, a 14-inch inkjet print OLED scroll screen, and a 65-inch 8K inkjet print OLED screen jointly developed by TCL Huaxing and Japan JOLED.