BOE is one of the biggest players in AMOLED display tech on China’s land. Since of that, the manufacturer managed to obtain their tech on some flagship devices from other Chinese manufacturers in the recent years.
Today, December 26th, BOE announced that it aims to build a 6th generation AMOLED production line in Fuzhou with a total investment of 46.5 billion Yuan, about 6.8 billion Usd.
In the press launch, we You could learn that BOE and Fuzhou’s Municipal Government alongside with Fuqing Municipal Government signed an agreement for the 6th generation AMOLED (Flexible) production to take place in said regions. In these factories they’ll be producing high-end mobile phone displays as nicely as other new and emerging mobile panel technologies. That said, we yet don’t have a site for the plants, what will be decided by every party involved.
According to the investment agreement, the area of the glass substrate of the 6th generation AMOLED (flexible) will be 1500mm?1850mm, with an expected production of 48,000 pieces per month (of the glass substrate).
Finally, it’s been Additionally reported that BOE will raise 11.4 billion Yuan ($1.6bln) in registered capital for the project. Meanwhile at the close Presently, BOE A went up 1.94% (2.63 Yuan), with a total market capitalization of approximately 91.520 billion Yuan ($13bln).
