July 4, 2024, 1:21 p.m.

Business

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Japanese LCD panel giants have come to an end Chinese manufacturers can laugh last?

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The Japanese LCD panel giant successively announced the suspension of LCD panels, marking a new round of reshuffle in the global LCD panel market. Sharp's subsidiary Sakai Display Products plant will stop production by the end of September this year, while JDI, another Japanese LCD panel giant, has also announced it will end production at its Tottori plant in 2025. This series of shutdown news has undoubtedly thrown a bombshell into the global LCD panel market.

Sharp, which once led Japan's liquid-crystal panel industry to glory, is now struggling with losses. Its Sakai plant in Osaka, once one of the world's most advanced LCD panel production lines, is now facing a shutdown. Sharp's plight is just a microcosm of the decline of Japan's LCD panel industry. With the intensification of competition in the global LCD panel market, the disadvantages of Japanese manufacturers in technological innovation, cost control and market expansion have gradually emerged, and their market share has been eroded by Chinese and South Korean manufacturers.

Meanwhile, JDI's situation is equally bleak. The LCD panel company, formed by the merger of SONY, Toshiba and Hitachi, was once seen as the star of hope for Japan's LCD panel industry. However, after ten consecutive years of losses, JDI has also had to choose to abandon the LCD business and seek breakthroughs in new display technologies such as OLED. However, in the face of the strong strength of Chinese and Korean manufacturers in the OLED field, JDI's transformation road is full of challenges and uncertainties.

In stark contrast, the rise of Chinese manufacturers in the field of LCD panels. In recent years, with the rapid development of Chinese manufacturers such as BOE, Huaxing Optoelectronics, Huike, the pattern of the global LCD panel market has undergone earth-shaking changes. Chinese manufacturers have gradually dominated the global LCD panel market by virtue of their advantages in technological innovation, cost control and market expansion. Today, Chinese manufacturers not only account for the vast majority of the global LCD panel market, but also have made major breakthroughs in new display technologies such as OLED.

The success of Chinese manufacturers is no accident. Over the years, the Chinese government has continuously increased its support for the display industry, providing a good development environment and policy support for enterprises. At the same time, Chinese manufacturers are also actively invested in research and development, and constantly improve their technical strength and innovation ability. In the market competition, Chinese manufacturers with efficient production efficiency, high-quality product quality and flexible market strategy, won the favor of customers and market recognition.

Of course, the rise of Chinese manufacturers does not mean that the global display industry has been completely dominated by China. Korean and Japanese manufacturers still have strong strength and influence in the upstream segment of the display industry. However, with the continuous progress of technology and the constant change of the market, Chinese manufacturers are expected to continue to expand their influence in the global display industry in the future.

Looking forward to the future, the global display industry will usher in more intense competition and a broader space for development. Chinese manufacturers need to continue to strengthen technological innovation and market expansion, and constantly improve their core competitiveness. At the same time, it is also necessary to strengthen cooperation and exchanges with international counterparts to jointly promote the healthy development of the global display industry.

In this era of change, the rise of Chinese manufacturers has undoubtedly injected new vitality and hope into the global display industry. People have reason to believe that in the coming days, Chinese manufacturers will continue to lead the development trend of the global display industry and create a better future for human society.

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