In recent years, LCD TVs have been moving toward larger sizes and higher resolutions. The global market has seen changes in the size of mainstream LED, and demand for large-size LEDs is expected to grow at more than 20% per year. Once mass production of Huaxing Optoelectronics' 11th generation line will make TCL's product portfolio on large-size LCD TV panels more abundant.
The establishment of the 11th generation line is a strategy developed by TCL based on future market competition and also TCL LED price in Pakistan. From the current international competition system. China's upstream industry is also in a gap with international benchmarking companies. Therefore, we need a forward-looking vision, focus on market demand trends, layout in the upstream industry, and improve manufacturing capabilities.
The Group has a different emphasis on the two major industries, but both industries are very important. As the core industry that TCL controls upstream competitive advantage and enhances the right to speak, Huaxing Optoelectronics is the key to enhance the competitiveness of TCL from the upstream of the whole industry. Huaxing Optoelectronics is also an important part of TCL's basic and forward-looking technology research and development. The good development of Huaxing Optoelectronics will be more conducive to the development of high-quality products for downstream industries such as multimedia and communication. On the other hand, TCL pays more attention to building the advantages of the industrial chain and enhancing the overall advantage.
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