OLED maker Truly Semiconductor, based in Hong Kong, sees a large increase in PMOLED demand in the near future, and the company is executing an ambitious PMOLED capacity expansion plan.
Truly is currently operating two production lines: the P1 and P2 lines, both 2.5-Gen and with a monthly capacity of 625K and 1.25M pcs (Truly counts its capacity as per 1" displays). Truly has set out to build two new production lines. The P3 line which is a 2.5-Gen line with a capacity of 3.13 million 1 panels monthly is almost ready and will start mass production by the end of the month.
The P4 line has the same capacity (3.13 million 1 / month) and will enter mass production by the end of 2018. The ramp-up will be gradual of course, these are the final capacity numbers. Truly says that each line will cost around 100 million RMB, or $15 million.
Truly currently produces mostly regular PMOLED displays, ranging in size from 0.48" to 3.08". The company also produces two standard transparent OLED displays (both segmented, one for the automotive industry and one for rifle sights and night vision devices).
Truly is also developing flexible (curved) PMOLED displays, which should enter mass production by the end of 2018. Truly already produced some samples of its curved OLEDs. In 2016 the company produced 1.6" 128x24 white panels that has a curvature radius of 40 mm. Truly also produced 1.4" 128x16 white curved panels. The whole thickness of these panels is less than 0.3 mm. The panels can be curved about 10 times.
Truly is also developing more PMOLED technologies, including on-cell touch panels which will be brighter, thinner and simpler panel compared to current PMOLEDs with a touch layer on top. Mass production of these panels is expected by the end of 2017. Finally Truly is aiming to reduce the thickness of its panels in the near future using new technologies such as thinner substrates and other components such as flat encapsulation. Truly refers to these panels as Ultra-Thin PMOLEDs.
Truly estimates the entire PMOLED market at around 10 million 1 displays each month. The company’s current market share is around 15%, and it aims to increase this share to around 40% by the end of 2018. Of course other players are not sitting still - we also know that RiTDisplay aims to increase capacity.
Truly recently started mass producing AMOLED displays, in its 4.5-Gen AMOLED fab that has a monthly capacity of 15,000 substrates. The company currently produces small AMOLEDs for wearables and also smartphone-sized displays. In July 2017 Truly signed an agreement to construct a $6 billion USD 6-Gen LCD+AMOLED line in Meishan, Sichuan. The Meishan AMOLED Fab will begin construction in October 2018 and production will begin in 2021.
If you are interested in using Truly’s OLED displays in your products, feel free to contact us and we will do our best to help. You can also find most of these displays in the OLED Marketplace.
