China's Oasis New Energy embarks on a $500 million OLED project?

There's a report that CECEP Oasis New Energy signed an agreement with China's Suizhou district's government to build a new OLED fab with an annual capacity of 500,000 square meters. Total investment will be $500 million, and the company expects to reach an annual revenue of about $700 million.

We don't have any technical details about this new project, besides that the OLED panels will be use an a-Si backplane. Oasis NE is a solar PV developer and producer, based in Beijing, China.

Posted: Sep 19,2012 by Ron Mertens