BOE Announces Start of MP of OLED Panels at Chengdu
October 30, 2017
BOE Technology Group Co Ltd, commenced mass production of active-matrix organic light-emitting diode display screens ahead of schedule at its facility in Chengdu, Sichuan province. The company said that the sixth-generation flexible AMOLED display panels have already been delivered to more than 10 smartphone manufacturers including Huawei Technologies Co, OPPO Electronics Corp, Vivo Mobile Communication Technology, Xiaomi Corp, ZTE Corp and Nubia Technology. BOE has invested 46.5 billion yuan ($7 billion) in the Chengdu production line, which is also the country's first such facility. It produces display panels used in mobile products and smart wearable devices. The capacity is 48,000 substrate/month (at 1850mm X1500mm). "Mass production at the Chengdu plant will greatly enhance BOE's competitiveness in high-end smartphones and mobile displays and also meet the fast-growing demand for small and medium-sized display panels," said Chen Yanshun, CEO of BOE. Chen added the move is of great importance to the further development of the Chinese OLED industry and the global flexible display industry. BOE has another sixth-generation flexible AMOLED line in Mianyang, Sichuan province that is expected to start production in 2019
CINNO Research reported that shipments of flexible AMOLED smartphone panels reached 55 million units last year, and will rise to 160 million pieces by the end of 2017, with an estimated annual compound growth rate of 88.2 percent up to 2020. Chinese manufacturers hope to eat into Samsung's market share by 2019 as they increase investment and production in the sector. "China has become the world's largest producer and consumer of mobile phones, but the flexible AMOLED display market is dominated by South Korean companies," said John Wang, an analyst at Sigmaintell Consulting Co Ltd, a panel industry consultancy. Around 23 percent of global smartphones had AMOLED display panels last year. The figure is expected to reach 64 percent in 2021, according to Sigmaintell.