OLED Leader Gains Ground with ViP and AI Innovations

Recently, leading domestic OLED manufacturer Viyan (002387.SZ) released its full-year 2025 and first-quarter 2026 financial results. The data indicates the company achieved steady business growth over the past year, with annual revenue reaching 81.44 billion yuan in 2025. Revenue from its core OLED products grew by 5.07%. Despite intense market competition, Viyan's AMOLED smartphone panel shipments remained among the top three globally, while its wearable device panels have led global shipments for two consecutive years. The company successfully supplies the full range of high, mid, and low-tier product lines for mainstream smartphone brands including Honor, Xiaomi, OPPO, and vivo.

Technological Breakthrough: ViP Lithography Process Opens the Mid-Size Market

As the smartphone market matures, the industry's focus is shifting toward larger displays for tablets, notebooks, and automotive applications. Viyan has completely eliminated its reliance on traditional Fine Metal Mask (FMM) technology in OLED production through its proprietary ViP (Vision intelligent Pixelation) process.

Compared to conventional methods, ViP technology utilizes semiconductor-style lithography to define pixels, increasing the effective light-emitting area ratio from 29% to 69% and enabling a maximum pixel density of up to 1700 PPI. This breakthrough not only significantly enhances screen brightness and lifespan but also resolves deformation challenges in large-panel manufacturing. Wearable products featuring ViP technology are already in mass production. Furthermore, the world's first Gen 8.6 ViP production line in Hefei is slated for full-scale operation in 2027, marking a significant step forward for China's OLED competitiveness in the global mid-size display market.

Efficiency Revolution: Proprietary "ViEngine" AI Model Optimizes the Supply Chain

Beyond display technology competition, Viyan has deeply integrated AI across its business operations. The company's proprietary OLED vertical domain large language model, "ViEngine," is the industry's first specialized model trained on internal data related to processes, materials, and manufacturing.

This model establishes a three-tier architecture connecting a comprehensive knowledge base directly to production line operations, precisely covering product development, smart manufacturing, and operational efficiency. For instance, in the brightness uniformity correction (Demura) process, AI algorithms drastically reduce compensation processing time. On the production floor, machine vision systems replace manual inspection, enabling early detection of potential issues. This deep integration of "AI + manufacturing" directly boosted the company's operational efficiency: in 2025, Viyan's cost-to-expense ratio decreased by approximately 10.48 percentage points, and its operating cash flow surged sharply from 366 million yuan to 23.09 billion yuan.

Industry Outlook: Shifting from Capacity to Efficiency Competition

The display industry is currently transitioning from competition based purely on production scale to competition centered on technological pathways and operational quality. Viyan has secured future demand growth through its ViP technology while optimizing internal inventory management using its AI model. Driven by new demand scenarios such as the AI phone upgrade cycle, in-vehicle smart cockpits, and smart homes, this leading Chinese panel maker is demonstrating enhanced resilience and growth potential within the high-end manufacturing sector through its "dual-drive" strategy of technological innovation and operational efficiency.