Institution: By 2025, the market for large-size panel power management chips (PMIC) in mainland China is expected to reach nearly 26 billion yuan, with the market share of top manufacturers continuing to expand.

According to CINNO Research, currently, the core driving force of growth in the PMIC industry is focused on the dual drivers of expanding production capacity on high-generation production lines and technological iteration. In the LCD field, high-generation lines such as G10.5/11 and G8.5/8.6 continue to release capacity, further enhancing the supply capability of large-size televisions and commercial display panels, driving the demand for high-current, multi-channel, and highly-integrated power management chips. By early 2026, the investment intensity of the four major panel manufacturers in high-generation OLED production lines continues to increase, with BOE's production line reaching a total investment of 63 billion yuan, TCL's Huaxing t8 project investing 29.5 billion yuan in the first phase, Samsung Display's SDC-related production line investing 22.4 billion yuan, accelerating the penetration of OLED technology in medium and large-size fields, driving power management chips towards high precision and low power consumption, becoming the key engine of a new round of industry growth. Among them, BOE's Chengdu G8.6 AMOLED production line successfully lit up its first product by the end of 2025 and plans to start mass production in 2026, TCL's Huaxing t8 printing OLED line, Visionox's Hefei 8.6 ViP OLED line are progressing steadily, and at the same time, Samsung Display's SDC is also advancing the construction of the G8.7 IT OLED production line, starting trial operation by the end of 2025 and planning to start full production in the second quarter of 2026.