According to ETNews, AP Systems won a contract to supply two Excimer Laser Annealing (ELA) systems to China's Truly Semiconductors for its OLED fab. While ETNews does not mention it, this is likely to be used in Truly's upcoming 4.5-Gen AMOLED fab in Huizhou, China.
The contact is worth 18 billion Korean Won (about $16.6 million). AP Systems already provided similar systems to China's CSOT, GVO and EverDisplay. AP Systems hopes to also supply encapsulation systems to Truly in April 2015. The company is concentrating all of its efforts to develop OLED production equipment.
Last year Truly (a Hong-Kong based LCD and PMOLED maker) announced its intentions to establish a 4.5-Gen AMOLED production line in Huizhou. The original plan was to go into production by the second half of 2015, with a production capacity of 15,000 monthly substrates.
