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Shares of the Chinese display panel giant surged to the maximum allowable daily limit after announcing an upcoming collaboration with a leading American materials company to develop new materials. The company’s stock closed with a 10% increase at CNY4.69 (about 68 US cents) in Shenzhen.
The two firms plan to jointly explore technological advancements and market opportunities with promising commercial potential over the next three years. Their focus will be on four pioneering application technologies: glass-based packaging substrates, foldable glass, perovskite glass substrates, and optical interconnects. Foldable glass is essential for foldable display products, while perovskite glass substrates serve as the foundation for solar perovskite cells.
When integrated into optical interconnect modules, glass substrates embedded with micro light-emitting diode chips can meet the high-speed data transfer requirements of artificial intelligence high-performance computing chips, offering ultra-high bandwidth, low latency, and reduced power consumption.
The partnership has been longstanding, with the two companies working together for more than two decades. This collaboration embodies a mutual dedication to leveraging their respective strengths to pursue new opportunities in next-generation consumer electronics and digital infrastructure technologies.
While foldable displays are already in use by several global brands, currently in stable mass production and supply, the other three product categories are still progressing toward large-scale manufacturing.
The company stands as the world’s top display manufacturer and a major contender in producing display panels, modules, and advanced manufacturing processes. The American partner holds key patents and technical barriers in high-end glass materials, which find applications across various fields such as displays, semiconductors, and optical communications.
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