The LCD display industry is entering a stage of broader, deeper, and more diverseapplications.

1. Overview of the LCD Display Industry

Display products serve as the interface for information transmission and human-machine interaction, making them ubiquitous in the digital age. Among flat-panel display technologies, LCD (Liquid Crystal Display) is the most mature and widely used. LCD products are known for their adaptability to diverse environments, high reliability, long lifespan, and low power consumption. Their production process benefits from high flexibility and economies of scale, meeting the extensive demands of modern industries and everyday life. As the market evolves, the industry is characterized by increasing diversification of customer needs, more segmented product categories, rapid iteration, and a growing demand for customization.

2. Industry Chain Analysis of the LCD Display Sector

The LCD display industry features a complex and tightly integrated supply chain, divided into upstream, midstream, and downstream segments. The upstream comprises raw material and component suppliers, providing key materials like glass substrates. These materials significantly impact product quality, requiring advanced technology. Domestic production is gradually improving. The midstream includes LCD panel and display module manufacturers, a capital- and technology-intensive sector that forms the core of the industry. Manufacturers in this segment need strong R&D and management capabilities to meet customized demands. Downstream, the display terminals cover numerous application fields, where changing market demands influence industry growth and create more diversified performance requirements.

3. Development Trends in LCD Technology and Products
   
(1) The Era of the Digital society and loT (internet of Things) Will Drive Broader, MoreDiverse, and Customized Applications of LcD Displays

With the rapid development of the digital society, and the continuous decline in the cost ofhardware such as loT chips, LCD display technology continues to mature, and productioncosts are falling, The era of the loT, where human-machine interaction is central, isprogressing rapidly, pushing the LCD display industry into a stage of broader, deeper, andmore diverse applications.

In this world of loT and ubiquitous displays, the demand for more diversified andcustomized LCD products is becoming more pronounced among downstream customersLCD display companies need to quickly respond to customer requirements and integratecustomization into the entire process-from product research and design to raw materiaprocurement, sample production, product testing, and mass production-to delivercustomized LCD display products that meet specific customer needs.

(2) New LCD Products Like Touch Display Modules and Integrated smart screens HaveSignificant Application Potential and a Vast Market
In the era of loT and enhanced human-machine interaction, there is ample growth space forloT products to become smarter, while human-machine interaction experiences still reguireimprovement, New LCD products, such as touch display modules and integrated smartscreens, have broad application prospects in human-machine interaction, For instance, inindustrial control, there is a need for these products to display data in real time, enabletouch control, and manage data efficiently, In smart homes, touch functionality andintelligent modules are essential for connecting devices in the loT, In healthcare, wheredemand continues to rise, touch displays and smart interconnected systems are needed tomonitor health data, The wide application of these new LCD products is becoming a cleartrend in the industry.