TCL will invest $ 5 billion in the production of AMOLED panels for mobile equipment

According to the source, the Chinese company TCL, producing smart phones under the brand Alcatel, BlackBerry, has announced its intention to invest of 5.08 billion dollars in the production of panels that can be used in smartphones and tablets.

TCL plans to build a new production line at the plant in Wuhan which will produce AMOLED panels on LTPS technology. At the moment, the Chinese manufacturer expects proper permission from the government of the country.

Own production of AMOLED screens will help TCL to meet the growing demand for such products from manufacturers of smartphones.

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