In March 2017 OLED maker BOE Technology and OLED microdisplay maker OLiGHTEK announced a new $170 million joint-venture to produce OLED microdisplays for the consumer VR and AR markets
Once complete, BOE's fab will have the largest capacity in the industry - but this is not enough for BOE. Yesterday it was reported in Chinese media that BOE plans to build a second, larger OLED microdisplay fab in Yunnan. BOE will invest $257 million while a state-owned development group will invest $28 million. BOE will also raise $200 million from external sources. Total investment in the new fab will total $486 million.
The first line in the new fab will begin production in 2021. BOE is planning to total of three phases or lines. The first microdisplays will be 0.9" and 1.31" in size - BOE is expecting demand from the AR and VR markets - which require large displays with high resolutions. The new fab will produce the microdisplays on 12" wafers (BOE's current fab uses 8" wafers) and will have a capacity of 10,000 wafers for the first line.
BOE is shipping the first OLED microdisplay from its new Kunming, Yunnan fab - a 0.39" Full-HD (1920x1080, 5644 PPI) one. We are happy to report that this new high-quality display is already listed at the OLED Marketplace, and we have access to this display at a relatively low cost. Contact us if you are interested in this display.We are happy to report that this new high-quality display is already listed at the OLED Marketplace, and we have access to this display at a relatively low cost. Contact us if you are interested in this display. If you want to learn more about the OLED Microdisplay market, check out our market report, updated quarterly.
