CSOT will start trial production of a LCD panel line with a total investment of 46.3 billion yuan (USD 6.71 billion).
The CSOT or the Shenzhen China Star Optoelectronics Technology T6 line will produce 90,000 units monthly. The LCD or liquid crystal displays are used for TVs with 43-inch, 65-inch and 75-inch screens.
CSOT focuses on the flat panel display industry. Its major investor is TCL Group, which sells home appliance devices including TVs. CSOT also announced a more advanced LCD panel line, T7, which produces panels for TVs with bigger screens and super high-definition such as 8K.
Despite the boom in mobile viewing, consumers still want to watch television especially for dramas and some high-definition (4K and 8K) content, Li Dongsheng, TCL chairman, told a forum of the World Internet Conference that was held in Wuzhen. BOE has already started production on an advanced line in Hefei, east China’s Anhui Province. —SHINE