Ladies and gentlemen,
Welcome to Display Innovation CHINA 2017/Beijing Summit!
Since 2015, the growth generated by Mobile Internet has been slowing down. The growth rate of display industry decreased from double digits to single digits. Typical a-Si TFT LCD area is seeing a negative growth and the overcapacity issue is looming ahead. Our industry is faced with a new fork in the road where we must contemplate how to go further.
Actually, we have no other choice but keep innovating consistently: Technology innovation promotes application innovation whereas application innovation activates technology innovation. The 4th Industrial Revolution is approaching while artificial intelligence, IoT and Big Data are activating further growth. In IoT era, all things are connected intelligently which provides display industry with new opportunities. In order to realize the opportunities, it is important for the global display industry to cooperate more extensively in terms of technology and application, together creating a new value creation IoT ecology as “Ecoresystem: Open and Connected” .
We should provide new supplies at higher level for the market and create new demands at higher level by means of consistent innovation and close cooperation.
Let’s take “8K+5G”, which I have been advocating for these two years, as an example. Our display industry should actively work together with the partners from other fields such as communication, content and application to promote 8K, popularize 4K, replace 2K and leverage 5G, which I summarize as “8425 Action Plan”. As long as the Plan is effectively implemented, we will have the opportunities to make contributions to future market growth and mitigate the negative influence of overcapacity. We should collaborate with the partners from related industries. The close and coordinated collaboration among government, industries, colleges and research institutions and users are also needed. I would like to take this opportunity to call on all of us joining hands to implement “8425 Plan”.
The theme of DIC summit this year is “Seize the Trends to Achieve Future Success”. The trends include both challenges and opportunities. The key to future success is innovation and cooperation! Hopefully, elites from the industry and friends from various trades present today could share your opinions freely, communicate profoundly and collaborate closely to promote the development of display industry.
Wish “Display Innovation CHINA 2017/Beijing Summit” a great success! And wish you all the best!