According to an article on the Digitimes news website Chinese display panel maker BOE Technology is working with the government of Hefei City, in central China, to establish an OLED manufacturing platform in the city to boost development OLED technology and production of OLED panels.
The platform is reported to benefit from a total investment of CNY1 billion (US$145 million) and BOE will invest CNY600 million for a 75% stake.
The platform will be operated by BOE's subsidiary based in the city. Through the platform, BOE will cooperate with upstream and downstream partners to develop OLED technology.
The platform in Hefei will focus on development of medium- to large-size OLED panels.
The news report also said that BOE has decided to halt any further investment to set up additional TFT-LCD panel production capacity and instead to invest CNY46.5 billion to set up a Gen-6 AMOLED factory for smartphone and tablet panels.
In addition, to BOE, China Star Optoelectronics Technology is setting up OLED production capacity at its Gen-11 manufacturing factory which is expected to be completed in mid-2019.