The announcement shows that the second phase of the project will expand the production capacity of the 6th generation LTPS AMOLED production line. After the second phase of the project is completed and put into production, the 6th generation LTPS AMOLED production line project and the 6th generation LTPS AMOLED production line second phase project (Wuhan) will form a monthly output of 37,500. The capability of flexible AMOLED display panel. On June 1, 2018, the company signed the "Cooperation Agreement on the 6th Generation LTPS AMOLED Production Line Phase II Project (Wuhan)" with the Wuhan Donghu Development Zone Management Committee.
In terms of project funds, the company increased capital of 8.5 billion yuan to the project company Wuhan Tianma (including the Donghu Development Zone Management Committee promised to coordinate the bank or other institutions to provide loans of 5 billion yuan to the company, the company raised funds of 3.5 billion yuan, the funds from the company The project company Wuhan Tianma will increase capital investment in phases; the project company Wuhan Tianma is expected to directly borrow 6 billion yuan from the syndicated loan (currently the estimated value, the specific amount is subject to the actual capital demand during the construction of the second phase project).
Shen Tianma A said that after decades of layout, the company has formed a layout of mainstream display technology from medium and small size from passive, a-Si TFT-LCD, LTPS TFT-LCD to LTPS AMOLED, supporting many domestic and foreign brand customers. The customized solution has the long-term small and medium size display market. After the project is completed and put into production, it will greatly enhance the company's production capacity and supply capacity in the high-end products field. The scale effect and economic benefits will be highlighted, which will help further Enhance the company's market position in small and medium-sized high-end displays, especially AMOLED applications, and accelerate the strategic goals of leading companies in the global display field.
The data show that AMOLED flexible display technology uses a non-breakable soft material substrate to replace the fragile glass substrate. It has the characteristics of bendability, high flexibility, light weight and free design. As the next generation of new display technology, it has become an OLED technology. The mainstream development direction and began to enter large-scale industrial applications, in the high-end comprehensive screen smart phones, smart wear, virtual reality (VR) and other fields performed well.
The reporter learned that Samsung and LG Korean manufacturers currently have absolute advantages in AMOLED flexible display technology. In addition, the main raw materials and processing equipment of AMOLED flexible display are mainly dependent on imports. Domestic panel companies generally believe that the market based on high-end display is broad. Market space and tight supply and demand relationship, the next few years is the key period for domestic OLED panel companies to catch up. In addition to Shen Tianma A, BOE, Visionox has also launched several related production lines, and quickly promoted the construction of related projects, which is conducive to Promoting capacity rampage as soon as possible and improving the yield rate will help to achieve large-scale project output as soon as possible, and also help Chinese enterprises to speak in the AMOLED flexible display industry.