Truly Semiconductors signed an agreement with the Meishan City government (in Sichuan, China) to establish a joint-venture to construct a 6-Gen AMOLED line. The fab will be mostly used to produce small-sized AMOLED smartphone displays. In addition to the AMOLED line, Truly's new plant will also host a new 5-Gen TFT LCD production line.
Truly estimates that the project will cost a total of 40.4 billion Yuan (almost $6 billion USD). Construction of the AMOLED fab will begin in October 2018, and production is expected to begin in 2021. The cost of the AMOLED fab (which is the second stage in this project, the LCD line will come first) will total $4.1 billion USD. The AMOLED line will use 6-Gen substrates (1500x1850 mm) and will have a monthly capacity of 30,000 substrates (equivalent to over 52 million 5" panels annually).
In addition to smartphone displays, Truly aims to produce smaller displays (1.5-inch and up) for smart watches and larger 10" displays for tablets and similar devices.
In November 2016 Truly announced that it has begun to produce panels in its 4.5-Gen AMOLED fab. The current fab has a monthly capacity of 15,000 substrates per month - which can be expanded to 30,000 substrates. Truly is also producing PMOLED displays in a 2.5-Gen line.