Automotive onboard panel display due to high technical specifications, good profit, has always been the LCD panel display suppliers-related manufacturers of a competitive place. In the first half of 2020, the global auto industry was in a depressed market due to coVID-19, lockdowns, and factory shutdowns. However, as economic activity gradually restarts and auto factories resume production, the industry is very positive about the recovery of the automotive panel display market in 2021. Among them, the trend of electric vehicle growth is more concerned.
At present, Taiwan LCD panel display manufacturers, including Au, Qunchuang, and Caijing, have set up the automotive panel market, and cooperate with the first-line big manufacturers to continuously and stably deliver products. Tpk-ky, a big manufacturer of touch panels, is the supplier of Tesla, a big manufacturer of electric cars. Gs-ky has also been working in the Japanese and European car markets for many years.
On the panel component manufacturers side, polarized light-sheet da chang MMG is currently focusing on the electric vehicle battery three-layer isolation film (PP/PE/PP). In addition to having started shipping to Chinese customers last year, it has also recently made gains in the Japanese market. Dachang Ruiyi in recent years began to put into the vehicle panel backlight module, this year also entered the Supply chain in Europe and the United States.
Au has cultivated the automotive panel market for many years, and its TFT-LCD panel has entered into the supply chain of many European brands and also introduced products into electric locomotives. According to statistics, AU has accounted for 13%-15% of the global automotive panel market this year.
At present, the company is more active in the research and development of Micro LED display technology. It is optimistic that Micro LED has such characteristics as high brightness, high reliability, fast response time, and no need for a backlight, which can replace a large number of LCD screens in the future and become the mainstream of vehicle display technology.
Following the launch of au's first 12.1-inch full-color active Micro LED panel in 2019, au will add two new production lines of automotive panel modules in the second quarter of 2020. It is reported that the European and American automobile manufacturers have been contacted so far, and it is expected that Micro LED panel screens will be adopted by automobile manufacturers in 2022 at the earliest.
Qunchuang also spared no effort in the layout of the automotive panel market. At present, its main customers include first-tier European car manufacturers and Tesla, a major ELECTRIC car manufacturer in the United States. According to statistics, it accounts for about 10% of the global automotive panel market this year.
In addition to the original TFT LCD technology, the company has also started to introduce Mini LED technology into vehicle panels in recent two years. It is reported that the company has obtained orders from European and American automobile manufacturers, and is also expected to ship in large quantities in 2022.
At the same time, the group of the vehicle and continued toward the larger screen product development, has announced the introduction of corning laser automatic large size glass laser cutting system of science and technology, main is to be used in manufacturing advanced automotive touch panel, providing customers with high design flexibility, high precision cutting, process more optimized for the touch panel.
Having previously focused on small and medium-sized mobile devices, especially mobile phones, the company has recently accelerated its shift to niche applications such as industrial controls, medical care, and automotive applications. Among them, vehicle panels have been successfully produced in the past two years. Currently, vehicle panels account for about 30% of its revenue.
In the beginning, there were many customers in the supply chain of Chinese automobile manufacturers. Later, it gradually entered the supply chain of Japanese automobile manufacturers and other international automobile manufacturers. Affected by the us-China trade conflict, Caijing moved a vehicle panel module production line from China's Nanjing plant back to Taiwan's Nanke Plant in 2019.
In the future, the Nanjing plant will mainly supply Chinese customers and the domestic markets, while the Taiwan Nanke plant will mainly supply Japan and new orders from European and American customers.
Ling Ju's largest shareholder is Japanese topographies with a stake of nearly 35 percent. Its main production lines are located in Taoyuan, Miaoli, Hsinchu, and Kunshan. In recent years, the company has also focused on the development of niche application panels for automotive, industrial control, medical, home appliances, etc.
Among them, automotive panels now account for about 30% of the revenue. The existing product line includes instrument panels, temperature control panels, head-up displays, etc., and it continues to launch the sample submission certification of new products. It is expected to see new product benefits as soon as 2021.
Tpk-ky, a major touch panel manufacturer, has cooperated with Tesla, a major American electric vehicle manufacturer, for many years. Although the orders for pen and mobile device applications are large and the proportion of touch panel in TPK-KY's revenue is low so far, the company is still quite optimistic about the future development of electric vehicles.
In August 2020, the company announced that it would invest $100 million in Hennessy Capital Acquisition Corp. IV (HCAC) private equity for indirect investment in Canoo, an electric vehicle startup company, and acquire a 4.29% stake. The main purpose is to further expand the electric vehicle sales business.
Gis-ky cultivates the automotive touch panel market with many years of experience. A few years ago, it launched the automotive curved touch panel products with 3D fully fitting technology. However, due to the large orders of other product lines such as mobile devices, and the addition of on-screen fingerprint identification and LAPTOP LCD module NB LCM products recently, the proportion of vehicle touch panel revenue has been low so far.
At present, GS-KY's application of vehicle touch panel products includes the center console, indoor light, instrument panel, driver's seatback control, etc., promising the future development of the vehicle touch screen. In recent years, it has expanded the business of customers in Japan and Europe simultaneously.
The separation film of electric vehicle battery pushed by the substrate material; Rui - an instrument for the vehicle backlight module
Dachang Ming Base Material has been engaged in the field of automotive electronic materials for 10 years. At present, its main product is the three-layer isolation film (PP/PE/PP) for the battery use of electric vehicles. It has been shipped in the second half of 2019 with the initial customer being Chinese battery cell manufacturers.
With the completion of the certification of the first Japanese car factory customer, it is expected that the electric vehicle battery isolation membrane products of Minsubstrate will also be on the market by the end of 2020, along with the customer's new vehicle models. Products from the second Japanese customer are expected to be introduced in the second half of 2021. It is estimated that the percentage of automotive electronic materials revenue in 2021 is expected to reach 3%-5%.
Ruiyi used to focus on IT application panel backlight module products. In recent years, due to the increasing penetration of OLED panel in the mobile phone screen market, the company has strengthened its layout in other application fields such as automotive and regards automotive panel backlight module products as one of the business priorities in the next few years.
Due to the successive certification of panel customers and first-tier automobile manufacturers, it is estimated that Ruiyi's vehicle product shipments in 2020 are expected to grow significantly compared with 2019, and even have the opportunity to challenge double, and the revenue contribution of vehicle products in the future is also expected to gradually increase.
Despite the recent strong rebound in large LCD panel prices, it is estimated that large LCD panel display manufacturers could return to profit as soon as the end of this year. But consumer applications, with their short life cycles and demand that often come and go quickly, remain wary.
For automobile LCD display panel suppliers and display groups related vendors, including industrial control, medical treatment, public displays, automotive displays, and so on niche products, while customers certification for a long time, but due to long product life cycle, high technology content, good profits relative also is still the major panel factory and monitor the supply chain manufacturer Mohican.