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 May 2018 Visionox announced that it started to produce flexible AMOLED displays at its first 6-Gen OLED fab in Hebei. The production line has a monthly capacity of 30,000 substrates and total investment in that fab was around $4.5 billion.