Shanghai EverDisplay, Shanghai Tianma, Yurui Chemical and YShanghai University and more parties formed a new OLED industry alliance. It's not clear what the alliance's charter is, but apparently the Jinshan district in Shanghai aims to become an OLED production hub.

Everdisplay plans to start mass producing AMOLED panels towards the end of 2014. Everdisplay is building a 4.5-Gen AMOLED fab with a monthly capacity of 15,000 substrates. The company aims to be the first AMOLED maker in China.

Tianma has been developing AMOLED technologies for years. They have a pilot 4.5-Gen line in Shanghai since 2010. The company plans to establish a 5.5-Gen fab, dedicated for AMOLED production with a monthly capacity of 30,000 substrates. This requires alarge (almost $2 billion) investment.

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