UPDATED. 2024-07-17 07:31 (수)
CSOT requests quotation from Korean equipment makers for Gen 6 OLED
CSOT requests quotation from Korean equipment makers for Gen 6 OLED
  • Gijong Lee
  • 승인 2024.06.11 19:20
  • 댓글 0
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Image: CSOT
Image: CSOT

Chinese display panel maker CSOT has sent requests for quotations to South Korean equipment makers for Gen 6 OLED production equipment, TheElec has learned.

Multiple equipment makers have received the request and are reviewing the profitability of assembling the kits, sources said.

CSOT will decide next month at the earliest on whether it wants to commence fresh investment into expanding its Gen 6 OLED production capacity, they said.

COST only has a third of the production capacity in Gen 6 OLED compared to domestic rival BOE so it does need to expand in the long-term.

OLED penetration in the Chinese smartphone market is rising, which BOE took full advantage over rivals CSOT, Visionox, and Tianma.

If it decides to add 15,000 substrates per month, the investment will likely be committed to its T5 factory at Wuhan.

The factory already houses a Gen 6 low-temperature polysillicon (LTPS) thin-film transistor (TFT) LCD panel line and Gen 5.5 inkjet OLED line as well as space in reserve.

This is unlike nearby T4 which doesn’t have additional space to add another line. T4 already has a capacity of 45,000 Gen 6 substrates per month. BOE has three times this at 144,000 substrates per month.

If CSOT decides to add 30,000 substrates per month, the company will likely build a brand new factory.

However, another concern will be that provincial government are no longer favorable in providing subsidies for Gen 6 OLED investments as it was before, the sources also said.

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