Huaxing Optoelectronics' 16 billion yuan panel project settled in Wuhan

On the 28th, Huaxing Optoelectronics Co., Ltd., a subsidiary of TCL Corporation, signed a contract with Hubei Science and Technology Investment Group to establish Wuhan Huaxing Optoelectronic Technology Co., Ltd. (hereinafter referred to as “Wuhan Huaxing Optoelectronics”) with a total investment of 16 billion yuan.

The reporter was informed that this investment has refreshed the investment record of the company in the East Lake High-tech Zone, with investment exceeding Shanghai GM and Lenovo Wuhan base.

The core of Wuhan Huaxing Optoelectronics Project is to build the 6th generation LTPS (OXIDE) LCD/AMOLED display panel production line in Wuhan East Lake High-tech Zone, which is also the third phase of Huaxing Optoelectronics.

As early as November 2009, in order to break the unfavorable situation that LCD panels have long relied on imports, and to enable China's color TV enterprises to obtain stable supply, TCL Group decided to launch an 8.5-generation TFT-LCD LCD panel production line project with an investment of 24.5 billion yuan in Shenzhen. That is, Huaxing Optoelectronics Phase I), the first phase of the project will achieve profitability in the year of production.

In April 2013, Huaxing Optoelectronics decided to invest 24.4 billion yuan to build a second 8.5-generation LCD panel production line project (ie Huaxing Optoelectronics Phase II) to produce high-end large-size TV panels, which is expected to be mass-produced in 2015. At present, Huaxing Optoelectronics Co., Ltd. is the leader in the 8.5-generation LCD panel with the largest single-line capacity on both sides of the Taiwan Straits. In 2013, Huaxing Optoelectronics maintained full production and sales, sold 21.62 million panels and modules, achieved sales revenue of 15.53 billion yuan, and earned 2.26 billion yuan. The global TV panel market share has reached 9%, in terms of efficiency, turnover and profitability. At the international advanced level.

The Huaxing Optoelectronics Phase III project in Wuhan is a major strategic move for Huaxing Optoelectronics to enter the small and medium-sized display panels and enhance competitiveness.

According to TCL Group, the total market for small and medium-sized display panels has surpassed that of large-size TVs, making it the largest market segment in the display field. With the advent of the mobile internet era, the number of portable mobile terminals continues to grow at a high speed, and the display panel is the most valuable component in mobile terminals. At the same time, the TCL Group also has huge demand for mobile phone panels and display modules.

In May 2013, Huaxing Optoelectronics considered launching the 6th generation LTPS-LCD flat panel display panel production line project (ie Huaxing Optoelectronics Phase III). Huaxing Optoelectronics saw Wuhan's talents, science and education, environmental advantages and the foundation of the display industry. After several rounds of communication and coordination, the third phase of the project finally settled in Wuhan Optics Valley, and the small and medium-sized display R&D and production base was placed in Wuhan.

It is reported that the design capacity of the first phase of the third phase project is 30,000 pieces/month, and the size of the glass substrate is 1500mm×1850mm. The product is positioned as a high-end small and medium-sized flat panel display, and the production of 3-7 inch display modules for mobile phones and 6-12 inches for flat panels. Display module.

The construction period of the project is 26 months. Construction began in the fourth quarter of 2014 and mass production at the end of 2016. After the production, about 88 million display panels or modules are produced each year, and the output value exceeds 10 billion yuan.

At present, China is the world's largest consumer of display panels and chip products, but 70% of display panels and 80% of chips rely on imports (only the import of chips exceeds the total of iron ore and oil imports for more than 10 years).

After the completion of the project, it will further increase the self-sufficiency rate of domestic small and medium-sized display panels, and occupy a more important position for China's photonics industry in the world flat panel display industry.

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