China’s TCL will invest $6.9 billion dollars to build the world’s most advanced display plant: a so-called 11-generation factory. Here the company will produce large-size LCD TVs up to 75”, 21:9 LCD TVs, and OLED.
New factory for LCD and OLED
The investment was first announced in May 2016 but at the IFA trade show TCL announced that plans have changed a bit. The company confirmed that the new factory will also be capable of producing OLED displays.
TCL will invest 46.5 billion RMB ($6.9 billion dollars) in the 11G plant. The generation number refers to the size of the glass substrates used for display production.
In the 11G display plant, TCL aims to use 3370x2940mm glass substrates from which smaller display sizes can be cut. Monthly capacity will be 90,000 11G substrates. Once it is finished, it will be the most advanced LCD display plant.
- “There’s a reason TCL has become known for producing market-‐leading televisions. As the only Chinese TV manufacturer with a full supply chain penetration, CSOT enables us to invest more in product development and save more in production respectively,” said Warren Wang, General Manager of TCL Multimedia Overseas Business Center.
TCL says that “the G11 Project will use oxide semiconductor, Cu process, POA, Super GOA technology, and OLED Printing technology to produce 43", 65", 70" (21:9), 75" LCD displays, ultra-large public displays as well as OLED displays”.
The company did not elaborate on the plans for OLED.
TCL is currently exhibiting an 8K TV at IFA 2016 in Berlin. The LCD panel has been produced in-house. In addition, the company has launched the X1 flagship TV.
The new factory will be owned by TCL’s subsidiary CSOT (China Star Optoelectronics Technology) and receive investment funding from the Shenzhen Commission. The first products will be produced in April 2019 and mass production will commence in July 2019.