Visionox is the latest company to announce a new AMOLED production line, targeting the IT display market - laptops, monitors and tablets. The company said that it will best 55 billion Yuan (around $7.6 billion USD) to build a 8.6-Gen production line in Hefei, Anhui province.
Visionox's production line will have a monthly capacity of 32,000 substrates. The company did not share any details regarding the timeline of this project, or its financing.
It is clear that the OLED industry is entering into a new cycle of investments and construction of larger production lines, mostly targeting IT applications. This makes sense as device makers, including Apple, are increasing the adoption of OLED displays in IT devices. The new production lines are all 8.6-Gen in size, which uses larger display substrate glasses to increase production capacity and efficiency, thus reducing the production cost per panel.
Samsung Display has already started building its 8.6-Gen IT AMOLED line, and so has BOE. LG Display is also said to be considering such a new, as do other display makers. There were reports that TCL is also considering such a new line, but these were denied by TCL.
To learn more about the OLED industry's latest IT display investment cycle, check out our OLED Toolbox, which details all upcoming fabs, recent devices with AMOLED display, the latest trend analysis and more.
