TCL Technology to invest 295 bn yuan in new OLED production line
TCL Technology announced plans to invest 295 billion yuan in a new 8.6th generation printing OLED production line in Guangzhou, enhancing its leadership in the semiconductor display industry. The project, named "t8 project," will process 22,900mm x 2,620mm glass substrates monthly and produce panels for tablets, laptops, and displays.
The total investment will be co-funded, with TCL Huaxing contributing 88.5 billion yuan and state-owned shareholders providing 59 billion yuan to the project company's registered capital of 147.5 billion yuan. Construction is expected to begin in November 2025 and span 24 months.
This investment is supported by TCL Huaxing's decade-long OLED research, with over 9,700 OLED patents and successful mass production of G5.5 printing OLEDs. The new line leverages proprietary technology, positioning China to gain a strategic advantage in the global display market by commercializing high-generation printing AMOLED. TCL Technology's display business saw a 14.4% year-on-year increase in operating revenue to 50.43 billion yuan in the first half of 2025, with net profit surging 74.0% to 4.32 billion yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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