According to our sources, flexible OLED developer Royole is set to release a new tablet device that uses an OLED display. The tablet, which will be called the Royole RoWrite Wordpad, will have a display sized at around 6-7 inch. Royole did not officially announce the device yet.

Royole is constructing a 5.5-Gen flexible OLED production facility in Shenzhen, China. The new fab is scheduled to begin operation in 2018 and will have a monthly capacity of 45,000 substrates. In addition to flexible OLED production and R&D, Royole also develops VR headsets, and in 2016 Royole launched its first product, the Royole Moon foldable VR headset - that uses OLED microdisplays to achieve a PPI of over 3,000.

Royole is also developing flexible sensor technology, and offers its IP for licensing. The company says it has over 500 patents (issued and pending) - in the areas of materials, processes, devices, circuits, software and product design.

In September 2017 Royole raised $800 million in its fourth financing round, from Bank of China, ICBC, Citiy Bank and others. Part of that round ($560 million) was in debt while the rest was in equity.

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