BOE signs the official contract with Chengdu's local government to build its 8.5-Gen IT AMOLED line
BOE has been planning a 8.5-Gen flexible IT AMOLED Line for a couple of years, and in November 2023, following some delays, the company officially announced its plans for the new fab. Now we hear from China that the Chengdu local government, together with Chengdu's Hi-Tech Industrial Development Zone, have signed the contact with BOE to build the new plant.
The total investment in the fab is expected to reach 63 billion Yuan (over $8.7 billion USD). The fab will have a capacity of 32,000 monthly substrates (2290x2620 mm), and is expected to begin production by Q4 2026 (total construction time will be 34 months, according to the plan).