By 2020, the Chinese producers of LCD panels to surpass the total capacity of Samsung Display and LG Display
In the spring the company China Star Optoelectronics Technology (CSOT) has announced intentions to create the world’s largest factory for the production of LCD panels. Construction, as reported by DigiTimes, began in late November 2016.
Investments estimated at 7.8 billion dollars. This plant is designed on a substrate with a size of 11G, every month he will be able to produce approximately 140 thousand units of the products (we are talking about the panel a diagonal of 43, 65 and 75″ Ultra HD). Start of production is expected in March 2016.
In addition, adds the source, parallel to the CSOT engaged in the construction of two factories 8.5 G. At the same line are planning to produce 155 thousand panels monthly on the second 120 thousand units.
CSOT also negotiating with the company Asahi Glass on the subject of creating another joint venture in the same direction. The amount of investment may be about 635 million dollars.
Department of research and development CSOT is estimated that by 2020, China will work seven lines 8.5 G 8.6 G three and one factory 10.5 G 11G that will allow you to get ahead on the total production capacity of Samsung Display and LG Display.