UPDATED. 2021-10-22 18:43 (금)
BOE’s 2nd Gen 10.5 LCD factory to reach full capacity in 1st half
BOE’s 2nd Gen 10.5 LCD factory to reach full capacity in 1st half
  • Gijong Lee
  • 승인 2021.01.19 18:32
  • 댓글 0
이 기사를 공유합니다

Company's sway in LCD industry to increase
Image: BOE
Image: BOE

Chinese display panel giant will secure 20 billion yuan in funds to expand its Chongqing display line, known as B12, which produces OLED panels for smartphones, according to local media Yicai.

The funds will also be used to secure additional shares of Wuhan BOE Optoelectronics __ its Gen 10.5 liquid crystal display (LCD) panel factory that produces display panels over 32-inches. 

BOE said the Wuhan factory will begin to produce in full capacity in the first half of 2021. The factory is the company’s second after its Gen 10.5 LCD factory at Anhui.

Wuhan factory started operation in 2019 and BOE initially aimed to expand production last year but this was delayed due to the pandemic. Production temporary halted in the first half of 2020 due to the outbreak. 

Both Gen 10.5 factories has a production capacity of 120,000 substrates per month.

The expanded production will likely intensify BOE and CSOT’s dominance in the LCD market going forward. BOE last year bought Gen 8.5 LCD factory, C2, and Gen 8.6 LCD factory, C4, from CEC Panda. In the meantime, CSOT is planning to buy Samsung Display’s Suzhou LCD factory.

The decreased competition in LCD may stabilize fluctuation caused by seasonality. 

Seasonality will weaken and Chinese panel companies will have a bigger voice in the global display panel industry, an analyst at Northeast Securities told TheElec. 

BOE has told investors that LCD panel supply will be tight in the first quarter. LCD panel price increase that started in the second half of 2020 is continuing. The pandemic has launched production expansion delays in Sharp’s Gen 10.5 Guangzhou factory, TCL’s Gen 10.5 T7 factory and HKC’s Gen 8.6 Mianyang LCD factory, besides those of BOE. Samsung Display and LG Display’s reduction in LCD production is also causing prices to increase.

BOE is also planning to use the new funds to invest in its B12 OLED line. The company said it is aiming to increase market share in OLED. The company currently operations two flexible OLED lines __ B7 and B11. When B12 goes live, it will have a OLED production capacity of 144,000 sheets per month. B12 is expected to go live in the second half. 


 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2021 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트