According to IT House's news on October 26, BOE announced that it has made important progress in the field of LED transparent display, and has developed an ultra-high transmittance active-driven MLED transparent display product with a transparency of more than 65% and a brightness of more than 1000nit.

According to reports, BOE's MLED "see-through screen" not only ensures the transparent display quality of actively driven MLED, but also makes the items displayed behind the screen unobstructed. It can be used in commercial exhibitions, vehicle HU displays, AR glasses and other scene applications.

According to the data, MLED is obviously superior to the current mainstream LCD display technology in terms of picture quality and lifespan, and has become the mainstream of the next-generation display technology. It is reported that MLED technology can be subdivided into Micro LED and Mini LED. The former is direct display technology and the latter is backlight module technology.

CITIC Securities said that in the medium and long term, Mini LED is expected to benefit from the mature technology and cost reduction (annual decline is expected to be 15%-20% in three years). The penetration rate of backlight TV/laptop/Pad/vehicle/e-sports display is expected to reach 15%/20%/10%/10%/18% respectively.

According to Konka data, the global MLED display compound annual growth rate will reach 31.9% from 2021 to 2025. It is expected that the output value will reach 100 billion in 2024, and the potential market scale is huge.