Nearly 170 billion yuan investment in OLED high-generation production lines: Technological competition begins, concentrated capacity release from next year.

Recently, the capital increase and change of control in Visionox have attracted attention, putting pressure on the panel industry to reinvest. The characteristics of the panel industry, which include heavy assets, long cycles, and high costs, require companies to strive for more revenue while investing in heavy asset production lines. Capital increases have become a way for some manufacturers to relieve pressure and improve their balance sheets, while other panel companies have been expanding their financing channels recently. The amount of investment in the construction of high-generation OLED production lines has become a focus of industry attention. This is a technology that is widely used in smartphones but still needs to continue to penetrate into medium-sized products like computers. With TCL CSoT announcing the launch of a G8.6 generation printing OLED production line at the end of October, there are currently 3 under construction in China. Of these, Hefei BOE, in which Visionox holds shares, is investing 55 billion yuan in its 8.6 generation OLED panel production line construction, TCL CSoT's total investment is 29.5 billion yuan, and with BOE, the total investment of the three domestic manufacturers exceeds 140 billion yuan. When Samsung Display is added, the total investment of the four panel manufacturers in the 8.6 generation OLED production line is close to 170 billion yuan.