Recently, it was reported that the shareholder controller of Dalian Zhiyun Automation Co., Ltd. announced the transfer of its 5.37% shares in the Xiaomi Group. From this, Xiaomi Group will become the 4th largest shareholder in this company.
The Dalian Zhiyun Automation company is currently leading in local Chinese display module production equipment. Its core production is the display screen module segment, which includes LCD, OLED, and mini LED technologies.
It is also reported that foldable OLED screen module equipment such as bonding, bending, dispensing, and lamination is exclusive in China. This has already broken the monopoly of Japan and South Korea in the display segment.
Zhiyun’s production equipment has entered domestic display production factories, including BOE, Huaxing, Tianma, and Visionox. It is an indirect display supplier to big brands such as Apple, Huawei, and Xiaomi.
Zhiyun has become the leader of domestic OLED equipment. In the LCD era, it broke the monopoly of Japanese and Korean companies on the binding equipment of LCD module core production equipment. At that time, it became an indirect supplier of Apple and Huawei.
From 2018 to 19, Zhiyun did a lot of research and development on OLED equipment. Currently, manufacturers in China are keeping pace with Samsung. Local OLED equipment participates in the construction of OLED production lines, which leads to a great future for OLED in China.
The whole focus of the mobile display industry has shifted from Japan and South Korea to China, the local OLED equipment investment is greater, and it has many morphological changes such as flexibility and folding. The equipment industry is ushering in a great development. OLED screen technology is more complicated as compared to LCD technology.
Currently, it is reported that Xiaomi is deeply supporting local display production. In 2019, Xiaomi CC9 Pro was the first phone to achieve large-volume shipments of OLED flexible screens with Visionox and sold them in the European market. In 2020, it was reported that Xiaomi will introduce Huaxing Optoelectronics on a high-end flagship like Xiaomi 10.
Xiaomi will jointly develop new technologies and processes with display companies in the future. Currently, they have invested billions of dollars in more than 300 companies to produce hardcore technologies in the areas of smart manufacturing, industrial robotics, advanced equipment, and semiconductors.