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Company News >> TCL350 billion layout AMOLED flexible display panel 4th,Jan,2017
                                           March 31, TCL Group announced that Huaxing Power and Wuhan East Lake New Technology Development Zone Management Committee formally signed six generations of LTPS-AMOLED project cooperation agreement, plans to invest in the construction of a monthly capacity of 45,000 6th generation of LTPS -AMOLED flexible display panel production line will adopt the advanced technology of flexible substrate, flexible LTPS process, high-efficiency OLED, flexible touch and flexible cover for the most high-end panel products, and adopts the organic vapor deposition production technology. The main products are 3 ~ 12 "high-resolution small and medium size flexible folding AMOLED display panel.
It is reported that this project is expected to start construction by June 30, 2017, mass production in 2020, with a total investment of about 350 billion yuan, of which the project company registered capital of 21.0 billion yuan, Huaxing photoelectric invested 11.0 billion yuan, Wuhan East Lake Management Committee The designated investment entity will invest 10 billion yuan and the difference between the total investment and the registered capital of the project company will be provided by the financial institutions such as the Donghu Management Committee Coordination Bank to the target company.
Because AMOLED panel with thin and flexible display, high contrast and fast response and other excellent performance, is conducive to foldable smart phones, wearable electronic devices, automotive and VR / AR and other display applications. According to IHS data consolidation, LTPS-LCD and LTPS-AMOLED continue to increase penetration in the global smartphone market by 2018, reaching 41% and 30% respectively, accounting for a significant share of the market.
It is reported that Apple will launch AMOLED screens for some of the new smartphones introduced this year. Mobile handset makers represented by OPPO, vivo and Huawei have also gradually raised the proportion of AMOLEDs in their high-end smartphones. At present, the global OLED production capacity is monopolized by South Korean panel makers. Samsung's market share of AMOLED screens in smart phones reaches more than 95%. Due to the high technical barriers to OLEDs and the relatively scarce supply of upstream materials and key equipment and complex processes, the domestic panel companies have not yet had Mass production.

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