Last month we posted that TCL plans to build a Gen-11 LCD and AMOLED fab in Shenzhen, in a $6.97 billion investment. The fab, owned by CSOT and built by TCL and Shenzhen Huaxing Power with help from the Shenzhen Economic and Trade Commission, will have a monthly capacity of 90,000 Gen-11 substrates (3370x2940 mm) and use IGZO backplanes.
In a news release today, TCL announced that will increase the investment in this fab by a further 21 billion yuan (around $3.15 billion). Samsung Display will be a partner in this fab, investing 2.1 billion yuan to hold a 9.76% stake.
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Posted: Sep 12,2016 by Ron Mertens
