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Display panel maker BOE launches $8.72 billion production line construction

March 29, 2024
in Technology
Display panel maker BOE launches $8.72 billion production line construction
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On Wednesday, Chinese leading display panel manufacturer BOE started construction of its first 8.6-gen AMOLED production line in Chengdu, Sichuan, with an investment of around RMB 63 billion ($8.72 billion). This is the largest single investment in the manufacturing sector in the history of industrial development in Sichuan, a province located in southwestern China. The upcoming production line is expected to occupy around 1,400 acres, boasting a planned monthly capacity of 32,000 glass substrates. The company claims that the production line, primarily targeting high-end OLED displays for laptops and tablets, is set to enter mass production in the fourth quarter of 2026, with an annual output value surpassing RMB 40 billion ($5.53 billion) at full capacity. [Icsmart, in Chinese]

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Copyright for syndicated content belongs to the linked Source : TechNode – https://technode.com/2024/03/29/display-panel-maker-boe-launches-8-72-billion-production-line-construction/

Tags: displayPaneltechnology
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