The realm of display technology is perpetually evolving, and at its forefront are the materials that give screens their vibrant hues and life-like qualityOne of the recent advancements in this field comes from Visionox Technology Co., Ltd., a company that is carving out a significant niche in the OLED (Organic Light Emitting Diodes) sectorWith a commitment to continuous technological development, Visionox has unveiled a new luminous material system that marks a substantial upgrade over its predecessorThis breakthrough not only enhances light efficiency but also extends the lifespan of the devices while significantly reducing color deviationsThese improvements contribute to more refined visual experiences at low brightness and increased consistency at high brightness, which is essential for modern display applications.
Founded with a vision to innovate, Visionox is a pivotal player in the OLED display landscape
The company has amassed an impressive portfolio of over 17,000 OLED-related patents, with a staggering 88% of these being invention patentsThey have also played a crucial role in setting or amending five international OLED standards and have led the establishment of eight national standards and nine industry standards in ChinaTheir dedication was acknowledged when the organization participated in a project that won the First-Class National Technology Invention Award, underscoring their commitment to advancing display technologies on multiple fronts.
At the helm of Visionox is Zhang Deqiang, the chairman and president, who emphasizes the importance of technological accumulation as a fundamental pillar for the company’s inceptionHe notes, “Sustained technological innovation is our inexhaustible driving force for growth.” Since its genesis in the OLED research group of Tsinghua University, Visionox has traversed the journey from fundamental research to practical applications in the industry
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Zhang recalls the year 1996 when the OLED project group started, stating that China’s display technology largely depended on imported models and processesIdentifying the inherent advantages of OLED—such as self-emission, light weight, high contrast, and flexibility—the group foresaw a vast potential market, prompting them to invest heavily in this technology.
A key aspect of Visionox's acceleration is their technological head startThey have moved swiftly from basic research through pilot tests to mass production, allowing them to swiftly convert innovative ideas into tangible productsWith the fast-paced expansion of the new display technology industry, Visionox faces both opportunities and challengesZhang explains, “As a foundational core industry of the new generation of information technology, the new display industry is fiercely competitive with rapid technological iterations and an abundance of new products and models emerging.” He believes that for companies to thrive over the long term, they cannot rely solely on past accomplishments
Instead, ongoing dedication to technological advancement is crucial for capturing future opportunities.
Aligned with these insights, Visionox passionately pursues innovation at multiple levels, overcoming critical technological barriers and enhancing its market competitivenessThey have established various research and development platforms, such as academicians' workstations, technology innovation centers, and post-doctoral innovation practice basesCollaboration with esteemed institutions like Tsinghua University has further strengthened their research capabilitiesThe company is not merely content to rest on its laurels; it continuously amplifies research and development investments and systematically explores development pathways through foundational research, pilot projects, and mass production stagesNotably, their research budget reached an impressive 1.327 billion Chinese yuan in 2023.
Innovation at Visionox is not just a buzzword; it's a practice
Their dual-directional dynamic bending screens, which can withstand over 200,000 bends, as well as foldable screens with adjustable refresh rates across different regions, are testament to their cutting-edge technologiesZhang highlights a notable development in intelligent pixelization technology that the company has engineeredAmidst the growing demand for mid-to-large-sized displays driven by expanding application scenarios, the firm has tackled multiple technical challenges, addressing optical design issues and manufacturing processes to propose solutions with proprietary intellectual property rightsThis technology leverages semiconductor photolithography processes to enhance product performance, paving the way for comprehensive coverage across various display application fields.
By taking a proactive approach to safeguard its technological advantages, Visionox is not only advancing OLED technology but also exploring new territories
The company is strategically expanding its intellectual property landscape within critical technology domains such as Micro-LED mass transfer and TFT backplates while pioneering innovations in driving circuitsBy laying a strong patent groundwork in these areas, Visionox positions itself to discover new growth points amid the evolving market dynamics.
The results of Visionox’s mission are evident in their financial performanceIn the first three quarters of 2024, the company recorded revenues of 5.847 billion yuan, a remarkable year-on-year growth of nearly 42%. Zhang articulates a philosophy of enduring persistence, stating, “The fastest pace is not a sprint but a steady progression.” Visionox intends to stay the course of self-driven innovation, amplifying R&D investments, fortifying its technological backbone, and actively pursuing new breakthroughs in technology and application scenarios as they inch toward greater heights.