Sichaun CCO began production of China's first OLED production line in a RMB705 million investment (around $100 million). Production will start in the first quarter of 2009, annual capacity will be 12 million PMOLED displays.

He Kesi, director of Changhong's Enterprise Scheming Department, says that Changhong will consume part of the products of the new facility with the rest supplied to other manufacturers. Changhong owns 60% in Sichuan CCO.

Read more here (ChineTechNews)

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