TCL Huaxing said yesterday that the company’s profit in 2021 will increase by about 340%. Previously, TCL Technology released a performance report on March 10. The total operating income for the year was 163.5 billion yuan, a year-on-year increase of 112.8%; the total profit was 17.58 billion yuan, a year-on-year increase of 206.6%.
In the large-size field, TCL CSOT said that multiple large-size production lines t1, t2, and t6 have maintained full production and sales, achieving continuous and stable growth in production capacity.
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In the field of small and medium-size, TCL Huaxing t3 is transforming to medium size, increasing the shipment of high-end notebooks, tablets, and automotive products; the first phase of the t4 flexible OLED production line focusing on high-end OLED panels such as folding screens and under-screen cameras has been realized full production, the second and third phase of production capacity construction is also gradually accelerated.
In addition, in order to solve the bottleneck of medium-sized production capacity, TCL Huaxing invested in the construction of t9 in Guangzhou while expanding t5, mainly focusing on small and medium-sized high-end display products such as vehicles, laptops, tablets, and VR display high-value-added IT screens.
In terms of onboard screens, TCL CSOT ‘s current on-board products are mainly t3, and the AMOLED factory has also made related layouts on-board. Among them, the 47-inch Mini LED vehicle screen has been commercialized and has been introduced to global head customers.
In terms of folding screens, TCL CSOT is currently developing sixth-generation products. Wuhan Huaxing’s t4 factory is a special factory for folding screens laid out by TCL Huaxing, focusing on high-end OLED panels such as folding screens and under-screen cameras, and will reach a design capacity of 45K in 2022.
