Transformation of precision coating business: Both Crystal-optek and WFOE Optoelectronics cut production of mobile phone IRCF filters and shift focus to narrow-band filter coatings for automotive cameras and laser ranging coatings. Domestic OCA optical adhesive has achieved mass production for mid-to-low-end applications, while the high-end segment remains monopolized by 3M and manufacturers from Japan and South Korea.
Downward pressure on display optical films: Affected by the sluggish LCD panel market, prices of backlight brightness enhancement films and diffusion films keep falling. Shuangxing New Materials has shifted its R&D focus to MLCC release films and high-end PET base films.