On December 26th, LG Display (LGD), a display company of LG, confirmed to reporters that LGD will build a large-size OLED panel factory in Guangzhou. The joint venture project has been approved by the Korean government.
“The total investment scale of the joint venture company is about 5 trillion won (about 30.5 billion yuan),†LGD China told reporters. “LGD holds 70% of the shares and China holds 30%.â€
According to the reporter's understanding, the Chinese funded by the company refers to Guangzhou Kaide Technology Development Co., Ltd., which is a company led by Guangzhou Development Zone. Previously, Kaide Technology participated in the investment of Guangzhou LGD8.5 generation LCD panel project.
The new production line will be LGD's first overseas OLED panel production line and its second production line in Guangzhou. As early as 2014, LGD's 8.5-generation LCD production line was officially put into operation in Guangzhou. LGD China said: "The OLED production line is expected to be mass-produced in the second half of 2019, with a planned monthly production capacity of 60,000 pieces."
In the future, the panels produced will be mainly used for large-size screens such as televisions and electronic billboards. At present, only LGD has the ability to mass produce large-size OLEDs. In contrast, domestic BOE and other panel companies have mastered the manufacturing process, but there is still a long way from mass production.
In July of this year, LGD stated that it would establish a factory in Guangzhou, but the Korean government has strictly reviewed the project because of its technical confidentiality. Today, this project has finally settled. And LGD is eager to build factories in China and seize the OLED market for many reasons.
On the one hand, as OLED demand continues to grow, companies need to expand capacity. On the other hand, China's OLED TV sales have risen rapidly. According to the statistics of Aowei.com, from January to October 2017, the scale of OLED TV retail sales has maintained a high growth rate every month, with a year-on-year growth rate exceeding 100%. There are 7 of them, of which the growth in October is 239%. Setting up a production line in Guangzhou will not only help LGD to grasp the Chinese market, but also help it reduce costs.
Since the beginning of this year, the number of brands that have launched OLED TVs worldwide has grown to 13. At the same time, the data of Ovi Cloud shows that global shipments of OLED panels will reach 1.5 million units in 2017, a year-on-year increase of 78%. However, compared with LCD TVs, OLED TVs still account for a small proportion, so LGD is also making efforts to popularize. In addition to setting up an OLED TV experience store in key cities in China, LGD recently set up an experience zone in Guangzhou's landmark building “Little Man Waist†to showcase panel technologies such as “OLED Tunnelâ€.
4000 Puffs Disposable ecig have a completely enclosed design, reducing the need for charging and replacing cartridges. The no-charge design also reduces the occurrence of faults. It is understood that with rechargeable e-cigarettes, each cartridge needs to be charged at least once and the battery efficiency is extremely low, while the design of disposable ecig can solve this problem very well.
4000 Puff E-Cigarette,4000 Puff E-Cigarette For Sale,Best 4000 Puff E-Cigarette,Best 4000 Puff E-Cigarette For Sale
Shenzhen E-wisdom Network Technology Co., Ltd. , https://www.healthy-cigarettes.com