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Apple has been testing BOE's AMOLED screen for several months and may consider adding BOE to the supplier list next year. BOE has invested RMB 100 million to establish two AMOLED production plants in Chengdu and Mianyang, Sichuan. If the two production lines are all started, the annual output can reach 10,000 square meters of flexible AMOLED glass display screen.
However, the current OLED panel is still hot. With the accelerated promotion of Apple and Samsung, the popularity of OLED will be faster and faster. Although OLED screens are not Apple's first, Apple's use will have a huge impact on the growth of the entire industry.
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All due to mainland manufacturers too crazy OLED panel fears overcapacity
In order to compete for orders from Apple Inc.'s OLED panel, several domestic mainland manufacturers are implementing large-scale investment in OLED panels to counter Korean manufacturers. However, due to the Luyuan too aggressively expanding its production capacity, OLED fears of oversupply in the future. According to foreign media reports, the capital expenditures for the first-generation liquid crystal (LCD) and OLEDs surged, and the problem of overcapacity of OLEDs will occur in the second half and the year. The surge in demand will force the localization process. Several domestic panel companies have already said that they will achieve mass production this year. Informed sources disclosed to the First Financial Reporter that Visionox, an OLED technology company based in Kunshan, has already invested RMB 100 million to develop an OLED mass production plan and is expected to triple its production capacity this year. BOE, Huaxing Optoelectronics and Tianma Electronics also disclosed the progress of the OLED panel production line and production schedule.