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BOE’s Mianyang 6th Gen OLED Fab Enters MP
July 22, 2019

BOE has begun mass production at its Mianyang Gen 6 OLED fab and is shipping flexible OLED product to customers.  The fab has been producing samples and qualification displays for a number of months but is now running higher volumes.  The Mianyang fab (B11) will have a fully built-out raw capacity of 48,000 sheets/month (phase 1 & 2) based on LTPS backplane and is the 2nd Gen 6 (small panel) fab under the BOE banner.  The BOE Chengdu flexible OLED fab opened in June 2017, and BOE has two additional Gen 6 small panel flexible OLED fabs under development in Chongqing and Fuzhou.
 
BOE showed an updated 6.47” flexible OLED display at the fab ceremony, which is being used in the Huawei (P30/Pro and the ZTE Axon 10 Pro 5G. The P30 line the fastest selling Huawei flagship phone reaching 10m units in 85 days, 62 days faster than the P20 (2018) and far ahead of the 9 months it took for the P10 line in 2017.  
 
BOE now faces a declining smartphone market in China itself, which could obviate the need for some of the potential capacity BOE has planned.  Chinese smartphone shipments will likely come in a bit below 400m units this year and worldwide smartphone shipments will be between 1.7 and 1.85b units.  BOE’s capacity at the end of 2022 should be able to provide just under 50% of total smartphone shipments on an un-yielded basis. At that point BOE and Samsung will be neck and neck in capacity.  

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