Chen updated that CMEL currently only houses one 3.5-generation (3.5G) AMOLED (active matrix organic light-emitting diode) production line with a monthly capacity of 7,000 glass substrates. Maximum output of AMOLED panels is 300,000 units, he added.
Given that CMEL currently has its 2.4-inch panels under validation with leading mobile phone makers, present capacity may run short of demand very soon. Thus, the fund raising for further expansion is necessary, Chen said.
The second production line at CMEL will also follow the 3.5G standard with a monthly capacity of 7,000 units. Production is slated to be available during the second half of 2008, Chen detailed.