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Monday, 24 Apr 2017

China panel manufacturers making strong investments in OLED manufacturing

The investment is being driven by the growth in AMOLED panel demand which could reach 2,600,000 m2 in 2016

13 Dec 2016 | Editor

According to a report by Digitimes Chinese panel manufacturers are making big investments in OLED technology, with EverDisplay Optronics (Shanghai) kicking off construction of a Gen-6 AMOLED factory.

In addition to EverDisplay Optronics, China-based display panel manufacturer BOE Technology is constructing a Gen-6 factory for flexible OLED panels in western China at an investment of CNY46.5 billion, and fellow panel manufacturers - China Star Optoelectronics Technology, Tianma Micro-electronics, Truly Opto-Electronics, Royol and Visionox set to invest in setting up or expanding AMOLED production capacities.

EverDisplay's construction of a Gen-6 AMOLED factory will have a monthly production capacity of 30,000 1,500 mm x 1,850 mm glass substrates (including flexible units) in Shanghai City, eastern China, at an estimated total investment of CNY27.278 billion (US$3.95 billion).

Trial production to begin in January 2019 and full utilisation of capacity to be reached in 2021, according to the company.

With a total floor space of 460,000 square metres (4.95 million square feet), the factory will have three main manufacturing processes - array, OLED evaporation and module assembly. The factory will produce 1- to 15-inch AMOLED panels and modules.

Everdisplay - Breakground at new Gen-6 AMOLED facility

Figure: Everdisplay - Breakground at new Gen-6 AMOLED facility

According to China-based Sigmaintell Consulting, there were 260 million smartphone-use AMOLED panels with a total area of 1.9 million square meters shipped globally in 2015 and the shipments will increase to 380 million units with a total area of 2.6 million square meters in 2016.

www.digitimes.com    www.visionox.com    www.royole.com    www.everdisplay.com    www.trulyopto.com    www.szcsot.com    www.tianma.cn   

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