ITIF2024中国电子显示行业创新研究报告英文版30页

itif.org How Innovative Is China in the Display Industry? STEPHEN EZELL | SEPTEMBER 2024 Chinese companies have become leading innovators in display technologies, in addition to becoming the largest global producers. China’s display industry has grown as a result of extensive subsidies, rampant intellectual property theft, and economies of scale. KEY TAKEAWAYS  Chinese enterprises’ global share liquid crystal display (LCD) production has reached 72 percent, while their share of organic light-emitting diode (OLED) production has now surpassed 50 percent, both starting from under 1 percent the decade before.  From 2020 to 2027, analysts expect China’s global share of capital expenditure (CapEx) investments in display technologies to average about 85 percent, with Chinese companies accounting for over 90 percent of the sector’s CapEx by 2027.  Chinese LCD and OLED makers, long second fiddle to South Korean leaders, are increasingly winning innovation awards in the sector with novel d