AP Systems announced that it has received orders for OLED deposition equipment from CSoT for the company's 6-Gen flexible AMOLED fab in Wuhan that is currently under construction.
AP Systems said that the whole order is worth $60.65 million and the equipment will be delivered starting in September 2017 until October 2018. AP Systems did not disclose the equipment list, but the company's main products are laser annealing equipment (used to produce LTPS substrates), laser list-off equipment and OLED encapsulation tools.
In June 2017 CSoT officially launched the construction of its new Wuhan AMOLED fab. CSoT's fab, which will cost a total of $5.08 billion, is expected to begin production in Q2 2019, with full mass production achieved by 2020. The fab's capacity will be 45,000 substrates per month, and it will be used to make small and medium-sized flexible and foldable OLEDs.
