Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reasonTCL to invest $7.8b to build "world's largest" LCD panel factory - FlatpanelsHD

TCL to invest $7.8b to build "world's largest" LCD panel factory

21 May 2016 | Rasmus Larsen |

China’s TCL, one of the world’s largest TV manufacturers, has announced plans to build a Gen 11 LCD factory targeting 65” and larger LCD panels. The company will invest $7.8 billion.

World’s most advanced LCD factory

Some players in the industry are pivoting to OLED but TCL believes that world still hungers for large-size, affordable LCD TVs. That is why it is investing billions in a new 11G LCD factory that will be capable of producing the world’s largest LCD panels.

The growth rate of LCD TVs is slowing down but TCL says that “displays bigger than 55" account for only 10 percent of today’s TV market,” and adds that “the prospect of extra-large LCD panels is promising and large-size high-resolution TVs will soon be mainstream”.

TCL already sells a 110-inch LCD TV.

TCL 110-inch TV


The new 11G plant will be the most advanced large-scale LCD plant in the world. Sharp operated a 10G LCD plant for many years that allowed it to produce 70, 80, 90 and even 100” TVs at relatively affordable prices. China’s BOE has started construction of a 10.5G LCD plant. TCL will invest $7.8 billion dollars to build the new plant through its subsidiary CSOT (China Star Optoelectronics Technology). CSOT began LCD production in 2009.

- “As TCL grows rapidly in the U.S., the expanded capabilities of CSOT are critical in helping us keep up with demand,” said Chris Larson, vice president, sales and marketing, TCL. “We already benefit from a vertically integrated supply chain that gives us cost advantages over our competitors, and this investment will allow us to take a leadership position in large size TVs.”

No completion date has been announced but once operational the new factory will produce “extra-large high-resolution 65-inch and larger” LCD panels. It will be located in Shenzhen, China.

- Source: TCL



Latest news

Apple Arcade

Apple Arcade now open with 100 games for $5/month

19 Sep 2019 | Rasmus Larsen |
8K Ultra HD

8K Ultra HD TV specifications & logo announced

18 Sep 2019 | Rasmus Larsen |
Philips Hue

New Philips Hue HDMI box syncs your lights with your TV

18 Sep 2019 | Rasmus Larsen |
Peacock

NBCUniversal introduces Peacock streaming service, new home of 'The Office'

18 Sep 2019 | Rasmus Larsen |
Android TV

Android TV roadmap for 2020 & 2021: Google Stadia, 'hero device', more ads

17 Sep 2019 | Rasmus Larsen |
Sony Crystal LED

Sony's first 8K & 16K microLED displays will cost millions

16 Sep 2019 | Rasmus Larsen |
YouTube Leanback TV

YouTube pulling the plug on its browser solution for TVs

16 Sep 2019 | Rasmus Larsen |
The resolution gap

The resolution gap

13 Sep 2019 | Yoeri Geutskens |