The semiconductor display industry has invested hundreds of billions of yuan in investment and China has taken the lead in reaching international standards

Recently, during the group meeting of the Guangdong Delegation held at the First Session of the 13th National People's Congress, the NPC deputy and Chairman and CEO of the TCL Group, Li Dongsheng, were interviewed by a reporter from China Electronics News. He said that semiconductor display devices are one of the basic devices in the electronics industry. Compared with integrated circuits, the semiconductor display industry will take the lead in reaching the international advanced level. He suggested that the semi-conductor display industry is likely to become competitive at the investment level of more than 100 billion yuan, and it needs to enter other than the enterprise itself, attracting multiple capital strengths to help enterprises overcome the investment threshold.

This year's government work report calls for accelerating the building of a strong manufacturing nation, in which integrated circuits, as a manufacturing powerhouse, ranks first in the industry, causing the industry to pay close attention. Li Dongsheng told reporters that integrated circuits and semiconductor display devices are one of the basic components of the electronics industry. Common features are high technical thresholds and large investments. In terms of investment, as of now, the Chinese government has done a lot of work, such as the establishment of two IC industry development funds, and also has some policy support for semiconductor display projects. In addition, semiconductor display projects have strong competitiveness in many electronic subdivision industries, and investment returns are guaranteed. Therefore, many local government industrial funds will also participate in the investment in the semiconductor display industry.

Li Dongsheng said that investment in integrated circuits or semiconductor display industries is 100 billion yuan. If there is no investment of 100 billion yuan, it will be difficult to become competitive. As a result, companies alone will have difficulty in capital investment. Therefore, in addition to the companies themselves, they also hope to help raise funds through other means.

“At present, in these two industries, China is in a stage of rapid catch-up. I think that the semiconductor display industry will be the first to achieve an internationally advanced industry,” said Li Dongsheng.

Regarding how high-quality development is understood, Li Dongsheng believes that high-quality development is driven by product technology innovation for enterprises, and that enterprise competitiveness is driven by efficiency, speed, and cost control, and it is driven by technological innovation and brand power. The current scale and efficiency issues in the competitive environment. At present, the expansion of enterprises needs to be accumulated and there needs to be better returns. This benefit lies in the improvement of operating efficiency, and its core is to enhance product technology innovation capabilities, management capabilities, and innovative business models. High quality development is the requirement of overall economic development and is also a requirement for the development of enterprises.

How to achieve high quality development? How to enhance product innovation and innovative business models? For TCL, the development of 4K industry chain is a great opportunity.

Last year, Guangdong Province issued the nation’s first policy document on encouraging the development of the 4K television industry chain, which was highly concerned by the industry. In recent years, the television industry has been affected by the substitution of smart phones and other alternative products, and the development space is increasingly pressing. On the other hand, the penetration rate of 4K TV in the Chinese market is about 60%, and it can be said that it has been basically popularized, but the pace of upstream and downstream links such as 4K content production and content operation is inconsistent. It will be the TV industry that will be driven by 4K TV and 4K industry chain development. Reshaping a big opportunity in the industry value chain.

TCL is a leading brand in China's color TV industry and understands the challenges and opportunities faced by the TV industry in recent years. Li Dongsheng believes that TV is the main business of TCL, and Guangdong is the first to promote the development of the 4K industry chain in China, which will play a great role in supporting the development of TCL.

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