Last month we posted that TCL plans to build a Gen-11 LCD and AMOLED fab in Shenzhen, in a $6.97 billion investment. The fab, owned by CSOT and built by TCL and Shenzhen Huaxing Power with help from the Shenzhen Economic and Trade Commission, will have a monthly capacity of 90,000 Gen-11 substrates (3370x2940 mm) and use IGZO backplanes.
In a news release today, TCL announced that will increase the investment in this fab by a further 21 billion yuan (around $3.15 billion). Samsung Display will be a partner in this fab, investing 2.1 billion yuan to hold a 9.76% stake.
TCL aims to start building the fab towards the end of 2016, and construction is planned to end by January 2018 and equipment will begin installation in July 2018. Mass production will begin in April 2019. The fab will produce a wide range of LCD TVs (43 to 75 inch) - and OLED TV panels, using "printing OLEDs" technologies. In 2015 TCL's chairmen said that future OLED TVs will indeed be produced using printing.