The record first. On January 16, 2024, Wuhan China Star Optoelectronics Semiconductor Display Technology was granted US11874999B2, "Display panel with under-screen camera and manufacturing method thereof" (CPC H10K 59/40 and H10K 59/879). The named inventor is Simin Peng. The claim covers both the panel structure and the manufacturing method for placing a camera under the display — the integration that eliminates the notch and the punch-hole.

Follow the premium. The uninterrupted full-display front is a visible premium feature; consumers and reviewers reward it, and it justifies higher device prices. The panel maker that can manufacture an under-screen camera at acceptable yield sells a higher-value module and captures the value of an aesthetic the brand advertises.

The business framing is the BOM trade-off. Under-screen camera integration is expensive and yield-sensitive — the camera must see through the panel without ruining image quality, which complicates manufacturing. The maker that owns the method (including, here, the manufacturing process) is positioned to capture the premium while managing the cost. The grant fences both the structure and the process.

Comparability discipline applies. "Full-display" approaches span notch, punch-hole, and true under-screen camera, with escalating cost and aesthetic payoff. The filing pins this claim to the under-screen approach including its manufacturing method — useful for tracking who can actually produce it, not just design it.

What the document does not disclose is the economics. It is a structure-and-method claim, not a margin figure. It will not tell you module ASPs, yield, or design wins. The grant establishes a premium-aesthetic position; the financials are undisclosed.

For investors, the throughline is this: the full-display aesthetic is a premium a panel maker can monetize if it can manufacture it, and the patent record shows who owns the structure and the process.