Tianma to establish a 6-Gen flexible OLED fab in Xiamen, in a $6.8 billion investment

China-based Tianma announced that it plans to construct a 6-Gen flexible AMOLED production line in Xiamen. The company will setup a joint-venture with the local government that will help finance the new fab, which will cost an estimated 48 billion Yuan ($6.8 billion USD).

Tianma estimates that it will take 30 months to construct the fab, which means that initial production is estimated to start in February 2022. The new fab, when in full capacity, will product 48,000 6-Gen substrates each month.

In 2017, Tianma started producing rigid and flexible OLEDS at the company's 6-Gen fab in Wuhan. In 2018 the company started constructing the 2nd phase of the Wuhan AMOLED fab. Tianma's Wuhan expansion project will cost around 14.5 billion Yuan ($2.12 billion USD) and will take about 25 months (production at the 2nd phase is scheduled for September 2020). When the 2nd phase at Wuhan is complete Tianma's flexible AMOLED capacity will be 37,500 monthly 6-Gen substrates.

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Posted: Aug 22,2019 by Ron Mertens