[small Metal Summit] Development of ITO targets and downstream applications

Published: Jul 24, 2020 10:31 (GMT+8)

SMM7 March 24: today, at the "2020 small Metal Industry Summit" hosted by SMM, Huang Xinying, General Manager of sales and Business Development of pilot thin Film Materials (Guangdong) Co., Ltd., brought a speech with the theme of "Development of ITO targets and downstream applications", mainly from the market application of ITO targets, the progress of downstream applications of ITO targets, and the development trend of target market.

Market Application of ITO Target


 

Comparison between ITO Planar Target and Rotary Target

Specification requirements for targets in downstream applications

1. Strength: high mechanical strength, good toughness, high density

2. Composition: conventional SnO2 of In2O3:10% with a mass fraction of 90% (can also be 95Unix, 93ax 7, 97max 3, etc.)

3. Density: relative density greater than 99.7%

4. Purity 99.99% (4N): impurity concentration less than 0.5/10000

5. Size specification G2.5-G13

6. High uniformity of composition

7. The binding rate is more than 97%.

8. Batch stability is good

Progress in downstream Application of ITO targets

Layout of global panel production line

In 2022, there are 33 over G8 in the world, of which 7 are G8.6 and 6 are G10 and above.

Among them, the number of high-generation panel production lines (G8.5/8.6&G10.5) completed in the mainland will reach 22.

Development trend of HJT heterojunction solar cells

ITRPV2018 predicts that the market share of HJT batteries will reach 10% in 2022, reaching 14.4GW/ year, and 15% in 2028, reaching 52GW/ year. The demand for ITO targets will increase by 800t / year.

From 2017, the average growth rate of the HJT battery market over the next decade is 122%.

Market estimation of Global ITO Target demand

The growth rate of global ITO target demand from 2019 to 2021 is estimated to be 5% and 8%.

With an average growth rate of more than 15%, mainland China is about to overtake South Korea to become the largest country in ITO demand.

New applications of HJT solar cells, smart glass and other products bring new demand.

The demand of Japan, South Korea and Taiwan panel industry gradually slows down, and even shows negative growth.

Development trend of target market

Develop IGZO, IGTO,Ln-IZO oxide targets for 4k/8k ultra-high definition display.

On March 1, 2019, the Ministry of Industry and Information Technology, the State Administration of Radio and Television and the Central Radio and Television General Station issued the Action Plan for the Development of Ultra High definition Video Industry (2019-2022). The action plan clearly puts forward the overall technical route of "4K first and giving consideration to 8K", as well as the goal of achieving comprehensive popularization of 4K TVs, 200 million UHD users and 4 trillion yuan of UHD industry by 2022.

Ln-IZO target: Ln-IZO target is prepared by magnetron sputtering technology. As the (TFT) active layer of thin film transistor, it has good mobility and stability, and can meet the needs of high-end display, such as high-resolution LCD, AMOLED, electronic paper, and so on. Compared with LTPS active layer, it has the advantages of simple process, low cost, good uniformity and so on.

Lanthanide rare earth doped metal oxide (Ln-IZO) target is a new generation of TFT semiconductor channel layer material. Its advanced properties can meet the application requirements of channel layer materials for ultra-high definition display and flexible display in the future.

IZO target: composition adjustable: multiple physical and chemical properties, low temperature preparation: good plasticity, high mobility, high work function: reduce anode hole barrier and improve hole injection efficiency.

With a large number of smart phones and other electronic products on the market, indium tin targets have enhanced signals, a metal sense in the shell, and solve the problem of highlight in installation and coating through the application of conductive vacuum evaporation technology. it can replace the advantages of hydroplating of plastic parts, not only increase beauty, but also make up for the shortcomings of plastics, give new surface properties to plastic parts, and are also used in electronic appliances, automobiles, household products and so on.

Scan the code to apply to join the SMM industry communication group:

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
European APT Offers Drop to $2,700-3,100/mtu Amid Weak Demand and Lower Scrap Prices
3 hours ago
European APT Offers Drop to $2,700-3,100/mtu Amid Weak Demand and Lower Scrap Prices
Read More
European APT Offers Drop to $2,700-3,100/mtu Amid Weak Demand and Lower Scrap Prices
European APT Offers Drop to $2,700-3,100/mtu Amid Weak Demand and Lower Scrap Prices
[SMM Tungsten Express] European APT offer ranges shifted down to $2,700-3,100/mtu this week, retreating from previous levels. Some offers were heard at $2,700-2,750/mtu, with more low-priced quotes emerging, though actual transactions remained thin with no new spot deals concluded. Smelter long-term contract prices held above $3,000/mtu, with existing output largely pre-sold and limited spot availability. Scrap and ore prices fell in tandem, with buyers leaning bearish and a strong wait-and-see atmosphere. Some traders noted that as long as China cannot export feedstock, no new low-priced spot material will emerge, keeping the market in a stalemate. Overall, the APT offer center moved slightly lower, with near-term prices facing downward pressure amid weak demand and softer scrap and ore prices.
3 hours ago
More than 6,500 Madagascar residents file QMM pollution claim
3 hours ago
More than 6,500 Madagascar residents file QMM pollution claim
Read More
More than 6,500 Madagascar residents file QMM pollution claim
More than 6,500 Madagascar residents file QMM pollution claim
[SMM Titanium Flash] More than 6,500 people in Madagascar have filed a claim in London’s High Court against Rio Tinto over alleged contamination linked to its QIT Madagascar Minerals (QMM) ilmenite operation, Reuters reported on 30 September. The claimants, represented by Leigh Day, allege wastewater exposed communities to lead and uranium and seek compensation and remedial orders. Rio Tinto said it had been notified but had not received the claim documents. It said its water monitoring found uranium samples below detection limits and most lead samples below detection limits. QMM produces ilmenite for the titanium dioxide supply chain. The case places water management and community relations at a major African mineral sands operation under renewed scrutiny. The allegations remain unproven, and the filing itself does not establish any change in QMM production.
3 hours ago
【Flash | Outokumpu Trims October Surcharges for Several Moly-Bearing Stainless Grades】
3 hours ago
【Flash | Outokumpu Trims October Surcharges for Several Moly-Bearing Stainless Grades】
Read More
【Flash | Outokumpu Trims October Surcharges for Several Moly-Bearing Stainless Grades】
【Flash | Outokumpu Trims October Surcharges for Several Moly-Bearing Stainless Grades】
Outokumpu’s October 2026 North American coil alloy surcharges edged lower across several molybdenum-bearing grades. The surcharge for 316L 2.5% Moly fell 0.5% MoM to $4,291.96/t, while 316L/4404 declined 0.7% to $3,886.31/t. Duplex 2205 was broadly flat at $4,225.83/t. Surcharges for 904L and 254 SMO fell 0.8% and 0.6% to $8,236.48/t and $8,914.62/t, respectively. These are alloy surcharges rather than full steel prices and reflect nickel, chromium and other alloy inputs as well as molybdenum.
3 hours ago