Chinese display panel maker announces large investment in AMOLED line
1 year ago

Chinese display panel maker announces large investment in AMOLED line

China Daily  

A high-resolution screen made by BOE Technology Group Co Ltd is displayed during a trade fair in Fuzhou, capital of Fujian province. Chinese display panel maker BOE Technology Group Co Ltd announced on Tuesday night that it plans to invest 63 billion yuan to set up a new active-matrix organic light-emitting diodes, or AMOLED, production line in Chengdu, Sichuan province. The company said consumers have shown an increasing demand for laptops and tablets that are thinner and more portable, bolstering the development of flexible and foldable display panel industry. According to market research company Omdia, the global shipments of laptops equipped with OLED panels amounted to about 6 million units in 2022, up 19 percent year-on-year.

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