China-based AMOLED producer Everdisplay is filing for an IPO in the Hong Kong stock exchange. Everdisplay is already a public company, listing at the Shanghai STAR stock exchange (688538.SH), but the company aims to raise fresh funds - and also gain access to more international investors.
EverDisplay (also known locally as Hehui Optoelectroics) was established in 2012 in Shanghai. Everdisplay started mass producing AMOLED displays towards the end of 2014 in a 4.5-Gen line with a monthly capacity of 20,000 substrates (the company was actually China's first AMOLED maker). Since then the company added its second production fab, a 6-Gen flexible AMOLED line in Shanghai.
EDO is producing panels for wearables, smartphones, automotive, laptops, and more. Many of EDO's displays are available in the OLED marketplace. In 2021, Everdisplay went public when it IPO'd in Shanghai.
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