In 2025, the market scale of PMIC chips of local panel factories in Chinese Mainland is expected to reach 600million US dollars
Time:2022-05-08
Views:2173
Source: Zhitong Finance
According to cinno research data, the market scale of PMIC chips for local panel manufacturers in Chinese Mainland is expected to reach 600million US dollars in 2025. In addition, the share of PMIC in the whole display power management chip market will also increase from 65% in 2021 to 72% in 2025.
According to the survey data, the global shipments of medium and large-size panels increased by 9.4% year-on-year in 2021. At the same time, the new display industry in Chinese Mainland has grown rapidly in recent years and has become the manufacturing center of the global new display industry. BOE, a local representative enterprise, realized an operating revenue of 219.31 billion yuan in 2021, with a year-on-year increase of 61.79%; In smart TVs, desktop monitors and notebooks, the market share of shipments of medium and large-size panels is close to 28%, ranking first in the world, and has become a leading enterprise in the global new display industry. At the same time, the industrial chain of the new display industry in Chinese Mainland has been gradually completed, and the market of power management chips and drive chips for display panels has also shown explosive growth.
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