IRICO display to build 12M/year 2.2" OLED panel production plant

IRICO group has announced that they will build an OLED production plant. The plan is for a 12 million 2.2" OLED panels per year. The plant is a JV by two companies : IRICO Display Devices and Shenzhen Hongyang Industry & Trade. The work on the new plant has already started.

It's not clear whether these will be PMOLED or AMOLEDs yet...