Caixin
Oct 22, 2018 07:31 PM
BUSINESS & TECH

With New Investment, Screen-Maker Visionox Sees Bright Future in Bendable Displays

The planned Hefei facility will be able to produce around 30,000 active-matrix organic light-emitting-diode displays a month, Visionox said. Photo: VCG
The planned Hefei facility will be able to produce around 30,000 active-matrix organic light-emitting-diode displays a month, Visionox said. Photo: VCG

Display-panel manufacturer Visionox Technology Inc. said it has forged an agreement with a local government to build a 44 billion yuan ($6.3 billion) facility to churn out active-matrix organic light-emitting-diode (AMOLED) displays, as it bets on the mass adoption of bendable screens in smart gadgets.

The company has signed a partnership framework with the government of Hefei in East China’s Anhui province, according to a filing to the Shenzhen Stock Exchange Saturday (link in Chinese).

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