BOE to build a 6-Gen AMOLED fab in Chengdu in a $3.6 billion investment

According to a new report from China, BOE Display will build a Gen-6 LTPS AMOLED fab in Chengdu, China. The new fab will have a monthly capacity of 45,000 glass substrates and will produce small sized AMOLED panels for mobile devices.

BOE signed an investment agreement with Chengdu's municipal government for this new fab, which will require an investment of 22 billion RMB (almost $3.6 billion USD). Construction will begin in Q2 2015, and mass production will begin in H1 2017.

It seems that BOE is getting very ambitious with its OLED plans. The company is constructing a 5.5-Gen LTPS fab in Ordos. This fab will produce both LCD and AMOLED displays (on LTPS backplanes) and will have a monthly capacity of 54,000 substrates (LCD and AMOLED).

In addition to the 5.5-Gen fab in Ordos, BOE is also moving forward with a plan to build a Gen-8.5 OLED TV fab in Hefei Xinzhan. The company secured a $20 million subsidy from the local government and they expect the total cost of the first line at around $1 billion. BOE already has a Gen-8.5 pilot line that was used to produce 55" 4K OLED panel prototypes demonstrated a few months ago.

Posted: Oct 24,2014 by Ron Mertens

Comments

The title says 6-Gen but  content says Gen-8...hmmm...

It's 6-Gen, my mistake