In August 2019 China-based Tianma announced plans for a 6-Gen flexible AMOLED line in Xiamen, China. Total investment in the new fab is estimated at $6.8 billion USD and the monthly capacity will be 48,000 6-Gen substrates. The company's initial plan was to start production at the new fab was to begin in February 2022.
According to a new report from China, Tianma finished the construction of the main building of the new fab, 50 days ahead of schedule.Tianma produces rigid OLEDs at its 5.5-Gen line in Shanghai and in 2017 Tianma started producing rigid and flexible OLEDS at the company's 6-Gen fab in Wuhan. The Wuhan line has a monthly capacity of 15,000 substrates and the company is now doubling the Wuhan fab capacity - although this expansion plan was reportedly delayed due to the Coronavirus pandemic.
According to reports from Korea, Tianma plans to ship 40 million OLED panels in 2021. It is estimated that Tianma shipped a million panels in 2020, which means that this is quite an aggressive sales expansion for the Chinese display maker, and it may be difficult to Tianma to reach its goal.