1. Development Status
In 2016, the output of the citywide new display industry was RMB 183 billion, with a year-on-year growth of 1.2%, and accounted for 61.2% of the city's total electronic output. More than 60 new display enterprises are of RMB 100 million scale, accounting for 24% of the total number of citywide electronic enterprises, forming the following pattern: Chinese enterprises represented by Nanjing CEC Panda LCD Technology Co., Ltd. and Jiangsu Hecheng Display Technology Co., Ltd., Korean-invested enterprises represented by LG Display and LG Chem (Nanjing), Japanese-funded enterprises represented by Sharp Electronics, and Taiwanese-funded enterprises represented by Nanjing Innolux Optoelectronics Ltd. and HannStar Display (Nanjing) Corporation. In 2016, enterprises with a gross output of more than RMB 10 billion included Nanjing LG Xingang Display, Sharp Electronics, LG Display, Compal Communications, Nanjing CEC Panda LCD Technology, HeeSung Electronics, LG Chem, and HannStar Display (Nanjing). Their output scale accounted for 90.7% of the city's total new display output. The new display industry mainly includes LCD, laser display, and OLED industries.
As the leading industry in Nanjing, the LCD industry has more than 60 various LCD R&D and production enterprises such as Nanjing CEC Panda LCD Technology, LG Display, HannStar Display (Nanjing) Corporation, Sharp Electronics, Nanjing LG Xingang Display, Hannspree, and CQ Laser Technologies Co., Ltd., with a total investment of more than USD 4.5 billion. There are more than 50 supporting enterprises, with a total investment of more than USD 1 billion. Main auxiliary products include polarizers, back light modules, light guide plates, PCBs, SMT, stamping parts, injection moldings, industrial gas, liquid crystal glass thinning, environment-friendly purification materials, and packaging materials. At the same time, the capacitive touch panel industry chain has developed rapidly, and supporting projects such as capacitive touch sensors, cover glass, touch panels, and touch modules are under intensive construction. Nanjing is now actively building a complete industrial chain. Currently, the Air Liquide project, with a total investment of USD 50 million, and the equipment industrial park project, with a total investment of RMB 3.5 billion, have been completed and put into operation. The glass substrate project invested by Nippon Electric Glass and CEC Panda's logistics supply chain and hazardous waste recycling projects are under construction. Polarizers, robots for electro-optic display, and smart terminal products are being further negotiated and promoted.
CEC Panda's 8.5-generation LCD panel production line project was launched in April 2013. The total investment of the project was RMB 29.15 billion, and the registered capital was RMB 17.5 billion. In July 2013, the pile foundation construction began. In October 2014, equipment was moved into the project site, installed, and commissioned. In March 2015, the project was completed and put into operation. In 2016, CEC Panda's 8.5-generation LCD panel production line successfully developed IGZO-based 4.7", 7", 10.1", 13.3", and 55" Ultra HD TFT-LCD panels for smart phones, mobile PCs, and TVs. The company's flat panel display engineering technology R&D center project passed inspection and was accepted in the middle of October 2016.
2. Development Advantages
(1) Nanjing is one of China's top three electronics industrial bases and has made dozens of brilliant achievements ranking No.1 in China.
(2) The new display industry scale ranks No.2 in China. The main products have significant competitive strengths in scale. The production volume of advanced-generation LCD panels exceeds 10 million pcs. The shipment quantity of liquid crystal modules exceeds 0.2 billion pcs, ranking No.1 in China.
(3) Nanjing provides supportive policies for talent. See document No.84 (2016), Nanjing Talent Development Plan for the 13th Five-Year Plan Period, issued by the General Office of the CPC Nanjing Municipal Committee for supportive policies.
3. Development Goals and Priorities
(1) Industrial Development Goals
Develop the new display industry into the important strategic guiding and pillar industry of Nanjing. Build Nanjing development zones into China's leading, global first-class new display industrial base. By 2020, the yield of the new display industry in Nanjing will reach RMB 245 billion, with an average annual growth of 5%.
In terms of economic development, strive to achieve the following goals during the 13th Five-Year Plan period: Develop one enterprise with annual sales revenue of more than RMB 20 billion, one enterprise with annual sales revenue of more than RMB 10 billion, and four enterprises with annual sales revenue of more than RMB 5 billion. Moreover, make the annual yield of Nanjing LCD Valley exceed RMB 50 billion and have it become the new growth point of Nanjing's strategic emerging industries.
(2) Development Priorities
Take development of major advanced-generation LCD panel projects as the key step and accelerate the synergetic development of products and technologies such as glass substrates, polarizers, liquid crystal materials, and smart terminals. Accelerate the R&D and industrialization of key LCD technologies such as IGZO metal oxides, quantum dot display, and new optical alignment. Form an industrial development system with scale development of LCDs, industrialized applications of OLEDs, and breakthroughs in key laser display technologies. Build a national new display industrial base with scale advantages and leading core technologies.
4. Supportive Policies
The State issued a series of policies and regulations such as the Decision on Accelerating the Cultivation and Development of Strategic Emerging Industries, Restructuring and Revitalization Plan for the Electronic Information Industry, and duty-free import material policies for new-type display devices in the 13th Five-Year Plan period (TFT-LCD policies).
Nanjing provides the new display industry with favorable policies in terms of site guarantees, financial support, accreditation for new and high technology enterprises, talent introduction, infrastructure, labor employment, and management services.
5. Primary Vehicles
Nanjing Economic and Technological Development Zone