On May 22nd, TCL Group issued an announcement saying that in order to comply with the development trend of semiconductor display technology, it will accelerate the industrialization of new display technologies and further consolidate the market share and technical advantages of its subsidiary Huaxing Optoelectronics in large-size panels. New District to invest in a new 11th-generation ultra-high-definition new display device production line with a capacity of approximately 90,000 pieces of 3,370mm x 2,940mm glass substrates processed monthly. The company mainly produces and sells 65-inch, 70-inch (21:9), and 75-inch 8K ultra high-definitions. Display and 65-inch OLED, 75-inch OLED display, etc. The total investment of the project is about 42.683 billion yuan.
The announcement shows that TCL Group, China Star Optoelectronics and Shenzhen Major Industrial Development Phase I Fund Co., Ltd. (hereinafter referred to as 'Industrial Development Fund') signed the "11th Generation Ultra High Definition New Display Device Project Cooperation Agreement" on May 22, 2018. , China Star Optoelectronics and Industrial Development Fund will jointly increase the registered capital of Shenzhen Huaxing Optoelectronics Semiconductor Display Technology Co., Ltd. by 20.3 billion yuan.
This project captures the high-growth market opportunities for large-size ultra-high-definition display panels. As the TV panel market shifts toward large-scale, ultra-high-definition displays, the market demand for 65-inch and higher TVs is growing rapidly, and 8K products are expected to enter after 2018. High speed development period.