A new OLED industry alliance formed in Shanghai
Shanghai EverDisplay, Shanghai Tianma, Yurui Chemical and YShanghai University and more parties formed a new OLED industry alliance. It's not clear what the alliance's charter is, but apparently the Jinshan district in Shanghai aims to become an OLED production hub.
Everdisplay plans to start mass producing AMOLED panels towards the end of 2014. Everdisplay is building a 4.5-Gen AMOLED fab with a monthly capacity of 15,000 substrates. The company aims to be the first AMOLED maker in China.