Towards the end of 2023, BOE officially announced its plans for a 8.6-Gen B16 flexible LTPO AMOLED line in Chengdu. The agreement with Chengdu's local government was signed in early 2024, and in April BOE announced it is starting to construct the new fab.
The company now updates that the B16 line is actually ahead of schedule, and it expects to light up the line before the end of 2025. Mass production and shipments are targeted for Q4 2026. The main applications that BOE plans for are in IT (laptops, tablets and monitors) and automotive - but the fab will also be able to produce smartphone AMOLED displays if BOE needs to.
This is good news for BOE, as actually in late 2024 we reported that one of the fab's suppliers faces financial problems, which may cause a delay for BOE's fab.
The total investment in the fab is expected to reach 63 billion Yuan (over $8.7 billion USD). The fab will have a capacity of 32,000 monthly substrates (2290x2620 mm) at full capacity - which is realistically only expected by 2029.
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