Visionox (002387) announced at noon on May 28 that the company signed a Memorandum of Cooperation with the Hefei Municipal People 's Government on the same day. It is hereby agreed that both parties intend to jointly invest in the construction of the eighth part in Hefei Xinzhan High-tech Industrial Development Zone. The sixth generation flexible active matrix organic light emitting display device (AMOLED) production line project, the total investment is expected to be 55 billion yuan. The glass substrate size of the project is 2290mm × 2620mm, and the design capacity is 32K/month.
According to the announcement, the company responds to the demand of the AMOLED medium size market, lays out the high generation OLED production line, actively expands the medium size application field represented by tablet, laptop, vehicle, etc., further taps the AMOLED growth dividend point, preoccupies the new product technology highland, and provides an effective guarantee for the company to focus on the development of the main business and enhance the core competitiveness.
With the development of intelligent terminal equipment and the further recognition of OLED display panels by its terminal manufacturers, the global market size of AMOLED has steadily expanded, its penetration rate has continued to increase, and it has continuously penetrated from the field of smart phones to tablet, notebook, and vehicle display panels.
Focusing on the new display business, Visionox research and development, production and sales of OLED small size and medium size display devices, the application field covers smart phones, smart wear, tablet, laptop, car display, super size and other aspects, and explore the layout of smart home, industrial control medical and innovative commercial applications and services.
According to the announcement, in the first quarter of 2024, Visionox achieved a total operating income of 1.797 billion yuan, an increase of 133.69%.
Today, Samsung display and BOE have entered the 8-generation OLED. According to the announcement, Samsung shows 8.6 generation AMOLED project plans to invest 4.1 trillion won (about 21.894 billion yuan), the project has begun to install equipment, the industry is expected to 2025 mass production; Boe 8.6 generation AMOLED project with a total investment of 63 billion yuan, the project has started construction, a few days ago selected the exposure machine equipment, planning 2026 mass production.
Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.
Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.
Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.
He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.
Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .