Korean manufacturing equipment maker SFA Engineering announced that it secured a $93.5 million order from China's Visionox. SFA will deliver the equipment by August 2017.
Visionox has started mass producing AMOLED panels in June 2015, but the company's production capacity is still limited. Visionox's Gen-5.5 AMOLED line in Kunshan can currently produce around 4,000 monthly substrate, and once yields stabilize they will reach a full capacity of 15,000 monthly substrates. The company is mulling a $673 million investment to expand the capacity of this fab.
According to a report earlier this year, Visionox is aiming to establish a 6-Gen flexible AMOLED fab in Chengdu. Work will begin towards the end of 2016. This fab has not been confirmed yet, but it is possible that this new order to SFA is for this upcoming flexible OLED fab - or it could be for the expansion of the Gen-5.5 AMOLED fab.