Five years ago, the Outline of the Plan for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area (the Outline) was released to the public, opening a new chapter in the promotion of the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Over the past five years, the grand blueprint is turning into reality step by step, and the Greater Bay Area is accelerating towards the set goal of building an international first-class Bay Area and a world-class city cluster.The total economic output of the Greater Bay Area is expected to exceed 13.6 trillion yuan in 2023, an increase of about 3.8 trillion yuan from 2018. On this 56,000 square kilometers of hot land, the Guangdong, Hong Kong and Macao Greater Bay Area in full bloom is moving forward with greater boldness, and is continuing to write more exciting stories on the coast of the South China Sea. And LED display industry as one of the most representative productivity of the big bay area, also under the guidance of the policy to deliver high-quality development of the wonderful "answer sheet".

Policy first, LED industry system continues to improve

Guangdong, Hong Kong and Macao Bay Area is located in China's coastal opening front, location advantages are obvious, with strong economic strength, innovation factors gathered, internationalization level leading development advantages. The construction of an international science and technology innovation center with global influence is the national strategic positioning of the Greater Bay Area. After more than 20 years of development, the Greater Bay Area has formed industrial clusters of communication and electronic information industry, new energy automobile industry, drone industry, robotics industry, etc. It is an important spatial carrier for China to build a world-class urban agglomeration and participate in global competition.

Over the past five years, from the central government to the local authorities, a number of important special plans and policy documents have been issued, focusing on the overall situation and making a good top-level design. According to the statistics compiled by the Guangdong Provincial Office of the Greater Bay Area, since the release of the Outline of the Plan, 602 policies related to the Greater Bay Area have been publicly released by various units at all levels, of which more than 100 have been released by the State and nearly 200 at the provincial level, covering such areas as the business environment, cooperation platforms, modern industries, scientific and technological innovations, infrastructures, and high-quality living areas.

With the support of various plans and policies, the Greater Bay Area is facing unprecedented development opportunities. It has the world's largest manufacturing base and the world's most active financial center. At the same time, it has a large number of colleges and universities, scientific research institutions, entrepreneurial parks and human resources, with the national policy support and investment in the Greater Bay Area to strengthen, as well as infrastructure construction and connectivity enhancement, the LED display industry in this context the development of full power. Now in the big bay area has brought together a number of new display device industry cluster, which covers specialized special new "small giants" enterprises, small pitch LED, module and other key components, materials and panel manufacturing equipment and other areas with strong competitive advantage, the formation of LED display large and medium-sized enterprises to integrate the development of ecosystem.

At the same time, the big bay area LED display industry development also faces some challenges. On the one hand, the homogenization competition between the cities in the big bay area still exists, for example, dongguan and shenzhen, zhongshan and foshan, etc. LED industry structure similarity is high, there are a lot of industrial layout overlap and crossover; On the other hand, the circulation of innovation factors is not sufficiently unimpeded still exists, the mainland and hong kong and macau region scientific research fund management way difference is big, intellectual property rights regulations and management system is different limit the innovation elements of the The free flow of innovation factors is limited by different intellectual property regulations and management systems.

Adding magnetic attraction, LED vitality continues to be stimulated

Open up new fields and new tracks, forging new kinetic energy and new advantages, accelerating the development of new quality productivity, the modern industrial system of the Greater Bay Area is constantly improving, closely around the growth of enterprises, optimize policies, build platforms, releasing the "magnetic attraction" of the near and far. In addition to policy support, Guangdong, Hong Kong and Macao Bay Area strategy in the development of new display device industry cluster is more inseparable from the active input of enterprises, upstream, midstream and downstream agglomeration is obvious. Especially in recent years, the LED industry, many technologies have made breakthroughs in the development of infrared broad-spectrum light source array research, organic light-emitting diode research to the calcium titanium oxide LED, Mini LED, Micro LED, LED display form continues to change, from the Internet of everything 5G to the smart city, LED display industry is always a constant refreshing his views.

In fact, the LED display industry has been saving up for a long time the layout of the final results is inevitable, the display industry, especially Mini/Micro LED field project signing, construction, capping/completion/put into production and other related dynamics of the announcement of a large number of typical projects through the industry's entire chain, it can be said that a long time to build up the momentum. As a new generation of display technology, compared with the LCD and OLED technology that has been mass production, Mini/Micro LED has very superior performance advantages in almost all technical dimensions. mini LED technology is relatively mature, has entered commercialization in advance, and with the breakthroughs and gradual maturation of the key technology of Micro LED, the commercialization and industrialization costs have been greatly reduced, the chip yield has been further reduced, and the chip yield has been further reduced. With the breakthrough and gradual maturity of key technology of Micro LED, the cost of commercialization and industrialization will be greatly reduced, and the yield rate of chip will be further improved.

The further deepening of Guangdong, Hong Kong and Macao big bay area is conducive to the injection of international capital, for LED screen enterprises to deepen the maturity of Mini/Micro LED application to reduce worries, so as to accelerate the advancement of Mini/Micro LED technology. In addition, with the maturity of China's LED display technology, LED display form can be varied, to further broaden and extend the application of the scene, so more and more digital creative landing equipment are creative LED display, as one of the embodiment of creativity. Guangdong, Hong Kong and Macao Bay Area interoperability, not only conducive to intelligent medical, conference all-in-one machine, creative LED display flow to each nationalized Hong Kong and Macao, for LED display enterprises to provide a new development doorway, but also the introduction of capital, talent, etc., to accelerate the development of the LED display as well as LED screen enterprises.

Development of digital economy, Guangdong, Hong Kong and Macao Bay Area has obvious advantages

The digital economy is becoming the core driving force of world-class Bay Area and even global industrial innovation. In Guangdong, Hong Kong and Macao Bay Area "" Digital Bay Area "construction of three-year action plan" is also clearly put forward to promote digitalization to become a new engine to promote the high-quality economic and social development of the Bay Area.

Moreover, the digital economy in the development of the Greater Bay Area has a deep foundation, and the added value of Guangdong's digital economy will reach 6.4 trillion yuan in 2022, accounting for 12.8% of the national added value of the digital economy, ranking first in the country for six consecutive years. As the Loop Cooperation Zone has pressed the "accelerator button" as the new engine of the digital economy in the Greater Bay Area, a new wave of science and technology and new industrialization will sweep through the Greater Bay Area on a wider and deeper scale, and innovative technologies and clusters will continue to emerge and proliferate, giving rise to cross-boarder fusion and ecological restructuring of multiple technologies and fields.

Therefore, the application of interactive visual art under the digital economy also makes the LED display screen powerful interactive function has been greatly improved, LED display interactive technology innovation is also in full swing, not only the communication carrier as well as the advertising form has undergone radical changes, in the municipal engineering of major cities, sports events and architectural facades, there are LED display screen innovation figure. From a certain point of view, LED display has stepped into the new stage of "intelligent interaction". Especially in 3D, 5G, digital technology, is triggering a new round of intelligent interaction boom.

Five years in the long river of history is only a moment, but the land of Southern Guangdong has been renewed. In building a new development pattern, with the differentiated system of the big bay area, the mainland and Hong Kong and Macao can complement each other, and jointly build a smooth domestic and international double cycle of the strategic pivot, for the development of the LED industry in the big bay area to provide a strong kinetic energy. With the national economic development as well as Guangdong, Hong Kong and Macao big bay area blueprint unfolding, industry reorganization, technological development, cross-border and intelligent and other new elements will be more and more injected into the LED industry to create more possibilities.