Root NationNewsBOE Technology plans to invest $8.8bln in AMOLED development

BOE Technology plans to invest $8.8bln in AMOLED development

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As a major AMOLED screen supplier, BOE Technology is preparing a new investment to boost the production of these screens. According to reports, this new investment will demand $8.8bln from BOE and its partners. The investment will also lead to the set-up of an AMOLED production line in the southwestern Chinese city of Chengdu.

With tons of smart devices today relying on AMOLED screens, one might be quick to say that this investment will help make these screens more accessible. However, BOE Technology alongside its partners on this investment has its eyes fixed on a particular area. They intend to focus their development power on the production of high-end AMOLED touchscreen panels for large-screen devices.

BOE Technology

By using the phrase ‘larger screen devices,’ netizens’ minds are drawn to tablets and laptops. This is the area in which BOE Technology and its partners plan to focus their $8.8bln investment. The display panels that this investment will produce will be in use on coming tablets and laptops.

Possibly the AMOLED screens will improve in certain areas in comparison with the already existing screens. This investment is coming just after Apple’s announcement to switch to OLED panels on their coming MacBooks and iPads. These products fit into the large-screen device category that BOE and its partners are focusing their investment on.

Over the past years, BOE Technology has been responsible for the supply of some screens in use on Apple devices. Reports claim that in the coming years, Apple might increase the number of supplies they make from BOE. This new BOE investment might help it meet the AMOLED screen demands from Apple and other manufacturing companies.

SourceReuters
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