On March 8th, BOE announced that it intends to invest in the construction of the sixth-generation flexible AMOLED production line in Chongqing and the construction of the 10.5th TFT-LCD production line in Wuhan, involving an investment of over 100 billion yuan. yuan.
According to the announcement, BOE (BOE) Chongqing's 6th-generation AMOLED (flexible) production line project has a total investment of 46.5 billion yuan. The total designed production capacity is 48,000 glass substrates per month, and the size is 1500mm by 1850mm. The products are mainly used in mobile phones, vehicles and Foldable notebooks and other flexible display products are expected to be put into production in 2020. This is the third production line for BOE (BOE) flexible display layout.
BOE has deployed two 6th-generation flexible AMOLED production lines in Chengdu and Mianyang. Chengdu Flexible 6th-generation line has achieved mass production; Mianyang Flexible 6-generation line has been completed and is expected to reach volume production in 2019.
IHS data shows that in 2017, the flexible AMOLED panel market grew from US$3.5 billion in 2016 to US$12 billion, with a growth rate of 250%. In 2017-2021, the compound annual growth rate of flexible AMOLED is 22%.
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