On February 28, the glory magic4 series was released at the 2022 World Mobile Communication Conference held in Barcelona. The reporter of China Securities Journal learned from the industry chain that Visionox Technology Inc(002387) supplied the ltpo flexible screen carried by glory Magic 4, which is also another supply in the field of high-end flagship mobile phones after Huawei P50 pocket folding mobile phones.
It is understood that ltpo is a new backplane technology for small-size OLED display, which has the advantages of low leakage and low power consumption. Under the background of high refresh rate and high chip operation power consumption, ltpo screen can solve the contradiction between high refresh rate display experience and low power consumption, and is expected to become the standard configuration of high-end smart phones.
After Apple introduced ltpo technology in 2021, a number of Android flagship phones followed up, which greatly improved ltpo penetration. Cinno research, a third-party Market Research Organization, released a report that in 2021, OLED smart machines equipped with ltpo panels accounted for 7% in the Chinese market; It is estimated that by 2025, the flexible OLED products using ltpo technology in China's OLED smart machine market will surpass the flexible OLED products using LTPS technology, and the ltpo penetration rate is expected to reach 43%.
At present, Visionox Technology Inc(002387) Hefei production line reserves 20K / month ltpo capacity and is at the leading level in the effective ltpo capacity of Chinese panel manufacturers. In December 2021, Visionox Technology Inc(002387) said that the company's Hefei 6th generation line has the capacity of mass production and shipment of ltpo OLED, and Visionox Technology Inc(002387) will maintain its advantage in China's ltpo OLED capacity in 2022.
