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BOE Receives Another Subsidy
March 05, 2018 The Chengdu High-Tech Electronics Information Industry Development Bureau has given BOE a subsidy of $28.53m for R&D at its new Chengdu Gen 6 fab that began production a few months back. The Chengdu fab, which produces flexible OLED small panel displays, has completed the construction and the equipment build out of the first two of three phases, and will have a total capacity of 48,000 sheets when completed. The Chinese trade press called the fab a ‘Samsung killer’ and China’s 1st step toward world dominance in the OLED space and noted that the fab shipped to various Chinese smartphone brands, which turns out to be sample displays for evaluation purposes. BOE also confirmed the status of their rigid small panel OLED fab in Ordos, Inner Mongolia, which completed the 1st phase of its construction back in late 2015. The initial phase was for 2,000 sheets/month, and the 2nd (of 3) phase is in the ramp up mode. Actual construction of the 2nd phase was completed in 3Q 2017, but is still producing at much lower levels than its expected 26,000 sheets/month. When all three phases are complete, the fab will have a maximum capacity of 56,000 sheets/month but that capacity seems to have a MP date in 2023. |
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