Domestic OLED industrialization problem: $5 billion 500 million temptation

After more than two years of depression, China's organic light-emitting Technology (OLED) industry seems to usher in the dawn.

At the beginning of October, Beijing visionox Technology Co., Ltd. developed China, first OLED mass production line - Kunshan weixinnuo project was officially put into operation. The production line can achieve an annual output of about 12000000 pieces of small size OLED display, the 1-3 inch multicolor and full color display can be used for mobile phone, MP3, car monitor, industrial instrumentation and other industries, if everything goes smoothly, the company also plans to build a large scale production line in the next year, to develop products to more than 10 inch full-color OLED products.

Since its first discovery 30 years ago, OLED has brought about a revolution in the global display industry. As CRT, TFT-LCD and other flat panel display technology to replace OLED, known as the next generation of the "dream show" technology, because of its excellent surface light source technology, OLED has become the best choice for environmental protection lighting, including Samsung, LG, PHILPS, OSRAM and other global industry giants have increased investment in research, China join in the OLED layout.

It is reported that Kunshan weixinnuo projects a total investment of more than 500 million yuan, the project is the production line 863 projects of transformation of high-tech achievements, but also in the mainland display field first rely on self-control technology to achieve mass production.

Nevertheless, CIGNA founder and CTO Qiu Yong expressed their worries to reporters, "closer to the large size development of foreign advanced production technology and key technology on the backplane to be overcome, and more importantly, if no more downstream firms cannot quickly join the industrialization, OLED will not be able to obtain cost in order to gain market advantage. "

Late mover advantage?

CIGNA predecessor in 1996 began the Tsinghua University OLED team engaged in research and development of OLED, while Qiu Yong was the person in charge of the project group.

According to Qiu said, in the trial production experience of research and development has accumulated more than 10 years and 5 years after, CIGNA has mastered the OLED manufacturing technology, the production process of OLED materials, devices and modules have set, and apply for the 100 domestic and foreign patents, the key technology of red material, single layer structure and color etc. in the world's advanced position. In 2003, small batch production line in Beijing used in OLED industry, Chinese weixinnuo, became the only company to carry out small batch production of the manufacturers in the production line.

March 2006, Yeebo (International Holdings) Limited (0259.HK) Development Co. Ltd., Shenzhen Tsinghua force and Kunshan Wu Songjiang venture investment and Venture Investment Co., Ltd. established a joint venture in Kunshan visionox Technology Co. ltd.. Kunshan weixinnuo a total investment of 750 million yuan, registered capital of 400 million, of which 47.5% are holding billion shares accounted for 30% of Kunshan; entrepreneurship; Shenzhen Tsinghua Holdings 22.5%.

In Kunshan weixinnuo project put into operation on the eve of CIGNA has reorganised its largest shareholder. In October 2nd, Yidu announced the reduction of 6.95% of the shares, while Kunshan weixinnuo affiliates Beijing weixinnuo Technology Co. Ltd is a wholly owned subsidiary of Kunshan weixinnuo. In January 2004, billion have acquired Beijing weixinnuo Technology Co., Ltd. 34.45% stake.

From the earliest contact OLED to build China's first large-scale OLED production line, Qiu Yong has been in the industry for 12 years. In his view, OLED not only in the display effect is better than that of other technologies, and the market is widely used, but the key is, OLED will become the domestic flat-panel display an opportunity to catch up with the industry technical level of international industry, because the independent research and development of the OLED industry chain once formed, will completely change our country technology introduction of passive technology development pattern and situation.

According to Qiu Yong introduction, at TFT-LCD and PDP after the maturity of six or seven years, had a monopoly on the display industry for nearly 70 years, CRT has lost its monopoly, the current occupancy rate is less than 30%; and is on the rise of the TFT-LCD will reach the peak in 2010; OLED will be in 15-20 years after gradually mature, the to catch up with domestic enterprises full time, "because the current international for OLED research and development is also at the initial stage of development, the domestic technology gap and little research. "

"In the past, the development of flat panel display industry has a profound lesson. "Qiu Yong summed up a few lessons to reporters: first of all, in the CRT industry in the development of new technology peak, the rapid rise of the national level is also a lack of sufficient attention to the design and deployment of the corresponding; secondly, the national development of the core technology of the investment is not enough, the industrialization of transformation mechanism is not perfect, resulting in the display industry core the key technology and raw materials are still subject to countries such as Japan and South Korea; in addition, the overall financing difficulties, the government is not large enough for investment guidance and financial support, and fall into" the introduction but was always behind the vicious circle ".

"If the passive development does not reverse the introduction of technology dependent on foreign, domestic science and technology development will always be heteronomy. "Ouyang Zhongcan Chinese academician told reporters, Kunshan OLED production line is the first tablet Chinese from basic research to independent design, R & D and production of display production line, play a role in changing the situation.

5 billion 500 million dollar market

Although the introduction of the industry to reverse the wind is not a company can decide, but the recent shift in the direction of the OLED market will undoubtedly attract more companies to join the camp.

The global OLED industry really took off in 1997, when Japan tokoku pioneer launched the first OLED product and for car audio; subsequently, Samsung, China Taiwan area RiTdisplay and other manufacturers have investment and production. From 2001 to 2