During the first half of 2026, the investment in China’s optoelectronic display industry amounted to roughly 17.8 billion yuan, marking an 80.3% decline compared to the same period in the previous year. The sluggish revival in demand for consumer electronics, coupled with relatively stable panel prices, has contributed to a deceleration in expansion initiatives. Simultaneously, production lines that garnered substantial investment over the past two years have now entered a phase of capacity release, diminishing the necessity for constructing new factories. Nevertheless, the investment landscape has become more focused and concentrated, channeling funds into core sectors characterized by high technical barriers and a pressing need for domestic substitution. Consequently, the industry has transitioned from a scale-centric approach to a technology-driven one.