Changhong 705 million yuan investment in Chinas first OLED panel production line started

By Sichuan Changhong (600839.SH, the "rainbow") lead, with a total investment of 705 million yuan in Chinas first OLED production line in Chengdu yesterday broke ground. It will be put into operation the first quarter of 2009, will build an annual output of 12 million OLED display (in 1-inch basis) of production capacity. Corporate Planning Minister

Changhong He Kesi yesterday to accept the "First Financial Daily" telephone interview, said the projects production capacity, Changhong will digest their own part, but also to the community supply, so that Changhong become the leading supplier of OLED. OLED displays for cellphones, MP3, MP4, DVD and CA3046 datasheet and other products.

Investment as the main "as the Display Technology Co., Ltd. Sichuan Rainbow" ("the Rainbow as") in December last year, and CA3046 price and Chengdu High-tech investment by the Changhong Group Co., Ltd. joint venture, both parties invested 360 million yuan and CA3046 suppliers and 2.4, respectively, billion.

Rainbow Project as OLED technology from Changhong, a wholly owned subsidiary of South Korea ORION OLED ("Orion") company. Hong Changhong as to display, integrated circuit design capability as the support, and Tsinghua University, Electronic Science and Technology University and other universities in cooperation mastered the mass production of OLED R & D and core technology and attain independent intellectual property rights.

OLED is considered to be following the LCD (liquid crystal), PDP (plasma) after the third-generation display technology. Currently, Samsung, LG, Sony, Taiwan and the mainland and other RiTdisplay more than 30 universities and institutes are involved in OLED research and development, including Samsung, Sony and other companies have mass production. Following the cut after the PDP screen

, Changhong has launched the first OLED-screen project. Zhao Yong, chairman of Changhong has repeatedly stressed that Changhong to foster core technological capabilities, value chain occupied the front, and gain a competitive right to speak. To this end, Changhong key parts in recent years to extend the area. At the same time to meddle in PDP and OLED, He Kesi said Changhong this flat market diversification to meet the needs of the future.