Panel Maker BOE Adds to Bets on Bendable Screens

TRENDING: ByteDance Targets July Launch of Upgraded AI Video Model; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says

LATEST: Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; ByteDance Targets July Launch of Upgraded AI Video Model; China’s Starlink Challenger Seeks Up to $2.2 Billion for Satellite Network Push; New Model Propels Zhipu AI’s Market Value to Record HK$1 Trillion; In AI Pitch, Alibaba Chairman Urges Europe to Look Beyond U.S. Tech; Cover Story: China’s AI Boom Is Rewiring Its Power Grid; In Depth: How AI Is Rewiring White-Collar Work in China; Chipmaker YMTC Cedes Control of Foundry Unit Ahead of Mega IPO; Chinese Startup Manifold AI Raises Fresh Funding as Investors Bet on ‘World Models’; Crealights Takes Step Closer to Hong Kong IPO as Data Center Boom Fuels Growth Prospects; Tencent Lets AI Agent Make Purchases Through WeChat Pay; Galaxea AI Chief Says China Could Lead Robotics Models Within Three Years; SiliconFlow Raises $294 Million as China’s AI Inference Demand Surges; Ant Revamps Alipay With AI Assistant in Biggest App Overhaul; New Model Sends Zhipu AI’s Stock Soaring; DJI, Insta360 File Competing U.S. Patent Lawsuits Over Camera Tech; Cover Story: When Employees Leave, Their AI Clones Carry on Working; AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near; Japan’s Chip Exports to China Surge as Bilateral Trade Rebounds

By Han Wei / Dec 27, 2018 06:38 AM / Business & Tech

Photo: VCG

Chinese display-panel manufacturer BOE Technology Group Co. Ltd. plans to invest no less than 46.5 billion yuan ($6.8 billion) in a new production facility for a new generation of bendable displays, seen as a key element for future smart gadgets.

BOE announced a partnership with the Fuzhou city government in Fujian province Wednesday for the new project to make active-matrix organic light-emitting-diode (AMOLED) displays. The city government will provide financial and policy support to the project, according to a BOE filing.

The facility, which will use the latest 8.5-generation substrates, is designed to have a production capacity of 48,000 sheets a month.

BOE previously set up facilities to produce sixth-generation AMOLED displays in Chongqing, making it the second producer of such products following South Korea’s Samsung.

Share this article

Open WeChat and scan the QR code