China-based Visionox 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 first 6-Gen OLED fab, in Hebei Province.
Visionox currently has four AMOLED production lines:
- Gen-5.5 rigid line in Kunshan (V1)
- Gen-6 flexible line in Hefei (V2)
- Gen-6 flexible line in Hebei (V3)
- Gen-6 flexible line in Guangzhou (V4)
In 2015 Visionox spun-off its OLED lighting business into a separate company called Yeolight Technology. In 2021 Visionox spun-off its PMOLED business to Qingyue as the company prepares for its IPO.
In 2018 Visionox demonstrated many PMOLED and AMOLED displays and prototypes.
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Qingyue shows new transparent PMOLED displays and OLED microdisplays at Display Week 2023
China-based PMOLED maker Qingyue (previously part of Visionox) demonstrated its latest OLED and ePaper displays at Display Week 2023.
So first up Qingyue showed a large transparent segmented PMOLED display, this is the largest PMOLED ever demonstrated at 20.6" in size. It did not detail the transparent level, but this looked very good and was quite impressive.
Visionox new ViP OLED technology uses photolithography-based patterning to increase display performance
Visionox is introducing a new OLED production technology, called Visionox Intelligent Pixelization (or ViP for short) that enables higher-density display production, at over 1,700 PPI.
The idea behind ViP is to replace the fine metal mask (FMM) method with photolithography-based pixel patterning. The process offers several advantages, mainly the increase of aperture ratio to almost 70% (Visionox says the currently reach 69%). FMM methods usually achieve up to 30%, which means that brightness, efficiency and lifetime can all be increased.
Omdia: small-size AMOLED display shipments down 6% in 2022
Omdia says that small-size (under 9") AMOLED display shipments dropped 6% in 2022 to 762 million units, due to lower demand for smartphones.
Samsung remains the leading AMOLED maker, with a 56% market share (by unit), down from 61% in 2021, with BOE in the second plane (12%) and LG Display in the third place (11%). The next producers by shipments are Visionox and Everdisplay.
Visionox signs an agreement with the government of Hefei to build its $1.6 billion flexible OLED module fab
In May 2022, Visionox announced plans to build a 11 billion Yuan ($1.6 billion USD) flexible and foldable OLED module production line, in Hefei. Yesterday the company signed the formal agreement with the local government and kickstarted the project.
According to reports from China, the new factory will have a yearly capacity of around 26 million modules in sizes ranging from 6-inch to 12-inch, although the company says it will also produce wearable OLED display modules at this fab, so there will be smaller sizes as well.
UBI: the OLED for IT market is set to grow from 9.5 million units in 2022 to 48.8 million units in 2027
UBI Research estimates hat shipments of OLED panels for IT applications (tablets, monitors and laptops) will reach 48.8 million units by 2027, growing from around 9.5 million units in 2022 (a CAGR of 39%).
In 2022-2024, the main application for OLED panels is in laptops, but this will change from 2025 and onwards as tablets will also become a dominant applications (as Apple will start adoping OLEDs in its high-end iPads).
Visionox plans to establish a $1.6 billion OLED module production line in Hefei
Visionox announced plans to build a new flexible and foldable OLED module production line, in Hefei. Total investment in the new project will amount to 11 billion Yuan (around $1.6 billion USD), and Visionox will receive financial assistance from the local government.
Visionox started trial production at its M4 flexible OLED module factory in Guangzhou in late 2020. The company's 2nd OLED line is located in Hefei and is already mass producing panels.
Visionox launches China's first LTPO AMOLED display
Towards the end of 2021, it was reported that Visionox has finalized its LTPO R&D project and is ready to start producing LTPO OLED displays. The company now officially launched its first LTPO AMOLED dipslay, that can offer a dynamic refresh rate, from 1Hz to 120Hz. Visionox expects the first phones to adopt these new displays to be released soon.
The new LTPO AMOLED displays are produced at Visionox's Hefei 6-Gen flexible AMOLED line. This is the first LTPO OLED displays produced in China (previously only Samsung and LG produced such advanced panels).
Visionox ready to start producing LTPO AMOLED displays
According to reports from China, Visionox has finalized its LTPO R&D project and is now starting to produce LTPO OLED displays. This will enable the company to compete with Samsung and other leading OLED producers for the high-end smartphone display segment.
Low-Temperature Polycrystalline Oxide, or LTPO, is an OLED display backplane technology developed by Apple. LTPO combines both LTPS TFTs and Oxide TFTs (IGZO, Indium Gallium Zinc Oxide) to enable variable refresh rate displays, and power savings of up to 15%. LTPO AMOLED displays are widely used today in high-end smartphones and other mobile devices.
Visionox shows new OLED technologies at SID Displayweek 2021
Chinese OLED producer Visionox demonstrates several new OLED technologies at SID Displayweek 2021. We'll list some of these new achievements in this post, and you can see these in the video below.
Visionox shows a 'dynamic' 12.3-inch rollable display which feature a 5 mm rolling radius. A 7.92" foldable (2 mm radius) wrap-around display solution. Visionox also demonstrates a 12.3" three-folded OLED that can fold inwards (2.5 mm radius) or outwards (6.5 mm) - to become a 5.4-inch display.
Visionox and UDC extend their long-term OLED supply and license agreements
Universal Display and Visionox announced that the companies extended their long-term OLED material supply and license agreements. The new agreement runs for five years - that's the only details of the new agreement that has been disclosed.
The original agreement between Visionox and UDC was signed in 2018.
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