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>> Hua Jia Cai next year trial production IGZO mobile phones and flat panel 13th,Dec,2017
Huaying subsidiary Fujian Hua Jia Cai made three batches of TFT-LCD manufacturing equipment, trial production of IGZO (Indium Gallium Zinc) mobile phones and flat panel panels in the second quarter of next year, has raised 10 billion yuan 8.4 billion for Hua Jia Cai Hua Reflected in the small and medium sized panels out of stock and offer up two big note, the fourth quarter operating performance will be better than the third quarter.
Hua Ying said that Hua Jia Cai to produce small and medium sized smart phone with a panel, and the size of the panel with a flat panel, the end of January next year moved into equipment, trial production in the second quarter, is expected in July mass production IGZO panel, in response to LCD terminal products Continued growth trend, providing local customer needs in China.
IGZO panel resolution of up to 500ppi, specializing in smart phones, tablet, will be able to compete with the LTPS, OLED, forming a new niche operation Hua Ying.
In the second quarter, CPT turned a loss, with net profit after tax of 0.04 yuan and net profit of 0.02 yuan per share for the third quarter, making profits for the second consecutive quarters.
Hua Ying pointed out that Hua Jia Cai made TFT-LCD manufacturing equipment in three batches, the amount of 4,050 US dollars, 3.0 billion yen, 2.071 billion yen, each batch of transactions for the Applied Materials South East Asia Pte.Ltd, CANON INC and ULVAC, Inc . Of the 10 billion yuan raised and raised, 8.4 billion yuan will be spent on Hua Jia Cai, investing in a new 6-generation panel plant with a production capacity of 1850mm x 1500mm glass substrates and a design capacity of 30,000 pieces / month.
Hua Ying stressed that in order to support the investment by subsidiaries, the Company has the advantage of saving tariffs. The mainland imposes a 5% tariff on setting up panel factories in foreign countries, providing price advantage for factories in China and shortening shipping time and costs. .
In addition, we are close to major markets and customers. Mainland Panel Policy continues to encourage the purchase of production panels and components in China. Hua Jia Cai set up factories in China can take advantage of this and combine the existing module lines to provide complete customer supply chain and product.
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