Visionox is based in China and was founded by Tsinghua University and other investors in 2001 with an aim to develop and manufacture OLED display and lighting panels.
The company has been producing PMOLED displays for many years, and has begun AMOLED production in late 2015. In 2018 Visionox announced that it started to produce flexible AMOLED displays at its new 6-Gen OLED fab, in Hebei Province.
In 2015 Vixionox spun-off its OLED lighting business into a separate company called Yeolight Technology.
The latest Visionox news:
In January 2019 Xiaomi unveiled a video of its new prototype smartphone that uses a tri-foldable OLED display. According to a new report from China, Xiaomi plans to ship the device sometimes between April and June - with a price tag of $999.99.
In September 2019 Nubia unveiled a smartband that turns into a smartphone - with a foldable OLED display. Nubia said it will launch its Alpha foldable smartband by the end of 2018. This did not happen, but at MWC 2019 the company demonstrated the device again - and announced a new release date and prices.
The Nubia Alpha will start shipping in April 2019 in the US and Europe - but only the Bluetooth variant. The cost will be around $500. Nubia will also release an eSIM device - which will cost $624 and will launch in Q3 2019.
DSCC released the interesting (but confusing, note the legend starts at 350M) chart below, detailing the market share of smartphone OLED producers in 2016-2019. As can be seen Samsung will remain the dominant producer, but its market share in 2019 will drop from 94% in 2018 to around 85%.
Non-SDC shipments will increase to 73 million units in 2019 - led by LG Display (~25 million units), BOE (around 20 million) and Visionox (around 15 million units).
Last week Xiaomi unveiled a new prototype smartphone that uses a tri-foldable OLED display. The demonstration looks very nice, although the company did not disclose any information or specification.
Digitimes claims that Visionox is the supplier of the foldable OLEDs. Visionox is also the supplier of the foldable OLEDs used by Nubia for its upcoming (?) Alpha foldable device.
CLSA says that as OLED displays are too expensive for many smartphone makers and lack enough differentiation to LCDs, the company is lowering its OLED adoption forecasts. CLSA now expects China's OLED smartphone shipments to total 116 million in 2018, 143 million in 2019 and 168 million in 2020. CLSA lowered its forecasts by 12-21%. In terms of penetration into the total Chinese smartphone market, CLSA sees 14% in 2018, 18% in 2019 and 21% in 2020.
Looking at the OLED makers, side, CLSA sees ample OLED supply in coming years, which means that expansion is likely to slow. CLSA assumed that OLED makers will achieve 70% yields and a utilization rate of 90%, which will bring all OLED makers to have a combined production capacity of around 288 million 6" panels in 2020. As demand will be only 168 million by Chinese phone makers (and remember there's also Samsung and LGD of course), this will create quite an oversupply situation in China. CLSA cuts its China OLED production forecasts by BOE, Tianma, Visionox, CSoT and Everdisplay by 23% to 26% in coming years.
Yeolight Technology (which was spun-off Visionox in May 2015) developed candle-shaped transparent OLED lighting panels. The segmented panels have five different lighting panels each with its own brightness. The total size is 11.26 x 26.26 mm (with a thickness of 1.05 mm).
Yeolight tells us that these new OLED candles has been developed for a customer that will soon ship its final product to the market. The panels are now in production.
Merck announced that is has signed a Memorandam of Understanding with China's Visionox to accelerate the development and application of OLED displays. Merck did not provide a lot of details, but it did say that this agreement markets a strategic alliance between Merck and Visionox.
Merck offers a complete portfolio of materials for OLED display and lighting devices - including evaporation and soluble materials suitable for ink jet printing.
China-based OLED producer Visionox announced plans to establish its 2nd flexible OLED production line in Hefei. The new line will have a monthly capacity of 30,000 1500x1850 mm substrates (6-Gen), similar to the company's first line in Hebei.
The construction of the new line will take 25 months - so mass production will not begin before the end of 2020. Total investment in the new production line will be $6.3 billion, out of which $3.15 billion will be raised with debt and the rest by equity - by Visionox and the Hefei Municipal People's Government.
In 2013, Samsung announced its YOUM flexible OLED brand, showing off several flexible OLED prototypes - including a foldable phone/tablet. Samsung never used the YOUM brand name again, but the foldable smartphone concept presented in 2013 (see image below) is still exciting consumers - and many of them are still waiting for Samsung to commercialize the technology.
Fast forward to 2015, and the first reports of Samsung's Project Valley started to surface. Samsung started to actually develop a foldable phone, with plans to release its first device in 2016. Samsung faced many challenges - and delays - in its foldable smartphone project (which was recently renamed to Project Winner) - including problems with the substrate and the software and user interface.
Earlier this month, Nubia demonstrated a smartband that turns into a smartphone - with a foldable OLED display. We assumed that Nubia is using an OLED produced by either BOE or SDC, but it turns out that the producer is China-based Visionox.
A couple of days ago, at the 2018 China Display Technology Conference, Visionox demonstrated some of its latest foldable panels, and announced that the Nubia is using the company's panel. According to our information, the Nubia uses a 3.23" AMOLED display (when open) - and the device will indeed start shipping in China soon (before the end of 2018).