BOE’s Gen 8.5 new semiconductor display production line starts construction in Fuzhou

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BOE’s Gen 8.5 new semiconductor display production line starts construction in Fuzhou
Publish time:2015-10-11


On October 11, BOE’s Gen 8.5 new semiconductor display production line started construction in Fuqing Rongqiao Economic-Technological Development Zone, Fujian Province.

The production line will be used to produce LED products such as UHD displays, slim-bezel TVs and desktop monitors, and has a design capacity of 120,000 2500mm×2200mm glass substrates per month. With a total investment of RMB 30 billion, the production line is scheduled to come into operation in the second quarter of 2017.

Fuzhou is now faced with ample opportunities brought by the Belt and Road Initiative, the construction of Fujian (Pilot) Free Trade Zone and the development of Fuzhou New Area, while enjoying a broad prospect for development and apparent geographical advantages. Most of China’s color TV production lines are concentrated in its southern areas so there is great demand for panels. BOE’s Gen 8.5 line in Fuzhou will provide competitive products and help achieve industrial agglomeration, thus promoting the transformation and upgrading of the electronics industry in southern China and Fujian, and driving local economic growth.

Since the beginning of 2015, BOE has successively announced to construct the Gen 6 LTPS/AMOLED production line in Chengdu, Gen 8.5 TFT-LCD production line in Fuzhou and the world’s first Gen 10.5 TFT-LCD production line, taking a step further in the high-end display market. When the three production lines are put into operation, BOE will be among the top three in the global display industry.

According to industry insiders, high-resolution display products have become the main trend and there is a large room for development in the high-end market segment. In the next five years, IHS DisplaySearch predicts, the global demand for flat-panel displays will show a steady upward trend. The demand for large and medium-sized UHD panels is expected to reach 30.86 million m2 in 2015 and 95.63 million m2 in 2020, with a compound annual growth rate (CAGR) of 25.4%.