Towards the end of 2023, BOE officially announced its plans for a 8.6-Gen flexible LTPO AMOLED line in Chengdu. The agreement with Chengdu's local government was signed in early 2024, and now BOE started to construct its new production line.
The total investment in the fab is expected to reach 63 billion Yuan (over $8.7 billion USD). The fab will have a capacity of 32,000 monthly substrates (2290x2620 mm), and is expected to begin production by Q4 2026 (total construction time will be 34 months, according to the plan).
BOE is already producing laptop OLEDs, but the new fab will increase its capacity dramatically, and many analysts expect the demand for OLEDs in the IT market to soar in the near future. BOE recently announced its latest smartphone AMOLED Panels, and said it produced over 100 million flexible AMOLEDs in 2023 to date.
