News
TCL Just Banked $644M in Display Profits And It’s Only Halfway Through 2025
TCL Technology expects its semiconductor display business to post a net profit of 4.6 billion yuan (~$644 million) for the first half of 2025, marking a year-on-year increase of more than 70%. This performance highlights TCL’s strong position in a recovering panel market.
Other manufacturers are also reporting positive projections. Rainbow Display forecasts a net profit between 410 million and 480 million yuan ($57 million–$67 million), while Shenzhen Tianma anticipates a 10% rise in H1 revenue and over 138% growth in net profit, signaling a return to profitability. BOE has not yet released its H1 guidance, but its Q1 net profit rose 64% to 1.6 billion yuan ($224 million), pointing to a potentially strong half-year result.
Analysts note that the panel industry has been on a steady path to recovery over the past two years. Major players with advanced production lines and broad product portfolios have maintained strong financial stability. TCL’s recent acquisitions, LG Display’s Guangzhou plant, and a 21.53% stake in Shenzhen Huaxing Semiconductor, further strengthened its position. The company consolidated the Guangzhou plant in Q2 and will consolidate Huaxing from July 1.
Industry consolidation continues to reshape the market. BOE acquired a 30% stake in Rainbow Display, and Innolux recently shut down its 5.5-generation line. Analysts believe these moves reflect a shift toward higher concentration and more efficient resource allocation.
They also expect panel prices to remain relatively stable, with utilization rates now part of more mature production strategies. DSCC projects prices will stay at profitable levels, while Omdia data shows panel makers averaged 83% utilization in Q1 and are likely to maintain 75-80% rates through August.
On the demand side, upcoming government trade-in subsidies and new product launches in the fall may drive panel shipments and pricing. Analysts expect second-half profits to match or exceed first-half results, with TCL likely to continue leading the sector in both scale and year-on-year growth.
In related news, Xiaomi and TCL have taken a major step toward challenging Samsung’s OLED dominance, while TCL CSOT is reportedly planning to launch its first OLED monitor panel in 2026.
(Via)
News
RayNeo Air 4 Launches as World’s First HDR10 AR Glasses with B&O Audio
RayNeo, the TCL-backed brand, has officially introduced the RayNeo Air 4 AR display glasses. The new wearable starts at 1,599 yuan ($224) for the standard edition and 1,699 yuan ($238) for the Pro version. Both variants are now available on platforms including JD.com.
RayNeo Air 4 Specifications
The RayNeo Air 4 is the world’s first pair of AR glasses to support HDR10 display technology. It uses a 0.6-inch dual-layer Micro-OLED panel with a peak brightness of 1200 nits, a 200,000:1 contrast ratio, and 10-bit color output. The display renders over a billion colors and offers an effective 135-inch virtual screen at a 4-meter distance. The system supports both 2D and 3D video playback with resolutions of 1920×1080 and 3840×1080, respectively.
The device features real-time SDR-to-HDR conversion using the Vision 4000 display chip, co-developed by RayNeo and Pixelworks. This chip dynamically enhances brightness, contrast, and tone mapping across scenes. The display also integrates TCL’s second-generation Peacock Optical Engine 2.0, achieving 98% DCI-P3 and 145% sRGB color accuracy. The glasses operate at 120Hz and support 2D-to-3D video conversion.
RayNeo collaborated with Bang & Olufsen on the audio system, featuring four spatially tuned speakers for balanced mids and consistent volume. It sports a new sound-guiding fin design that directs audio toward the ears, reducing leakage by up to 80%. It also includes a Whisper Mode for quiet environments, while the Pro version adds a Surround Mode for immersive listening.
The display system includes TÜV Rheinland-certified eye protection, with low blue light, flicker-free viewing, and 3840 Hz high-frequency PWM dimming. Three visual modes: Standard, Cinema, and Eye Comfort, allow users to optimize brightness and tone based on viewing conditions.
The device weighs 76 grams and features an ergonomic frame with adjustable temples and nose pads. It supports prescription lens installation. For connectivity, it includes USB-C and HDMI, enabling compatibility with smartphones, laptops, tablets, and game consoles. The glasses also support 100W PD passthrough charging for extended use.
The glasses come equipped with an accelerometer, gyroscope, geomagnetic sensor, and proximity sensor. The retail box includes the glasses, a protective case, cleaning cloth, user guide, and warranty card. The Pro variant additionally includes a light-blocking shield.
In related news, a new $4 billion OLED factory could reshape how next-generation screens are produced, while the Xiaomi 18 Pro is expected to retain its rear display, with TCL CSOT reportedly supplying the panels.
News
This $4 Billion OLED Factory Could Change How Your Next Screen Is Made
TCL CSOT has officially started construction of its T8 project in Guangzhou. The project marks the world’s first large-scale mass-production G8.6 printed OLED line. It is backed by a ¥29.5 billion ($4.13 billion) investment from TCL CSOT, the Guangzhou Municipal Government, and the Guangzhou Economic and Technological Development Zone Administration.
According to TCL Technology Senior Vice President and CSOT CEO Zhao Jun, the T8 project positions Chinese display manufacturers to lead the high-generation AMOLED segment. The project aims to move the industry beyond traditional LCD and evaporation-based OLED manufacturing by adopting printed OLED technology on a larger scale. This advancement allows for higher material utilization and lower production costs.
TCL CSOT plans to process approximately 22,500 glass substrates per month. The line will use 2290 × 2620 mm G8.6 glass, which is better suited for producing larger panels. Initial applications will focus on mid-to-high-end monitors, tablets, and laptops. TCL CSOT also plans to expand printed OLED applications to other premium display categories once production stabilizes.
The T8 factory will incorporate automation, industrial robotics, AI large model algorithms, and new energy applications. TCL CSOT expects these technologies to improve operational efficiency and support the development of a next-generation display manufacturing ecosystem.
Cao Weiran, Director of TCL CSOT’s Printed OLED Center, said the company gained valuable experience from the T12 pilot line in Wuhan. That G5.5 line achieved mass production and product delivery in November 2024. Lessons learned from the T12 line will help accelerate the deployment and optimization of the T8 project.
TCL CSOT has already secured cooperation from multiple global suppliers of materials and equipment. These partnerships will support the full build-out of a printed OLED industrial chain that includes upstream materials, panel production, and downstream device integration.
In related news, TCL has completed the full acquisition of LG Display’s China operations. Meanwhile, China’s TV market continues to decline, with Q3 shipments down 10.4% and deeper cuts expected in Q4.
(Via)
News
Xiaomi 18 Pro will retain the rear display with TCL CSOT expected to supply panels
Xiaomi has confirmed that its next-generation (likely Xiaomi 18 Pro) smartphones will continue to feature a rear display design. Lu Weibing, President of Xiaomi Group and head of the smartphone division, made the announcement during a recent livestream. He also revealed that the Xiaomi 17 Pro will introduce new interactive features on the rear display, including real-time translation.
Lu emphasized that the rear screen is not only for visual appeal but will also serve functional purposes. Xiaomi plans to release monthly updates to enhance the rear display experience, with the first set of features arriving by the end of October. The company is actively working on new use cases and has invited feedback from users through Lu’s recent post on Weibo.
The Xiaomi 17 Pro and 17 Pro Max both use displays supplied exclusively by TCL CSOT. The 17 Pro includes a 6.3-inch front screen, while the 17 Pro Max features a 6.9-inch panel. The rear display also matches flagship standards, using TCL’s M10 luminescent material and supporting peak brightness of up to 3500 nits. Xiaomi has equipped the series with Dragon Crystal Glass for added durability.
TCL CSOT remains a key display partner for Xiaomi’s flagship lineup. With the company supplying both the main and rear displays on the 17 series, it is likely that TCL will continue its role with the Xiaomi 18 Pro. As Xiaomi pushes forward with dual-screen functionality, TCL’s display technology will play a central role in enabling new features and maintaining high visual performance.
Xiaomi aims to turn the rear display into more than a secondary screen. The upcoming updates could mark the beginning of a broader shift toward dual-display interaction across its premium smartphone line.
In related news, TCL has completed the full acquisition of LG Display’s China operations. Meanwhile, China’s TV market continues to decline, with Q3 shipments down 10.4% and deeper cuts expected in Q4.