On 12/18/20 we indicated that Chinastar (pvt) and parent TCL (000100.CH) were considering a project that would develop a new Gen 8.5 LCD fab. That project, which is situated in Guangzhou, also includes another fab that is dedicated to developing the production of flexible and rollable OLED displays using printing rather than deposition technology, with the LCD fab scheduled for production in late 2022 and the 2nd fab scheduled for 2024. While we were unsure about the capacity of T8 (the LCD fab) it seems that 180,000 sheets/month is the initial stated capacity, while the 2nd fab, which will have a larger footprint, remains open in terms of capacity.
This project is still in the early stages of development and licensing, although the site map below shows the 1.3m m2 of land that is under bidding for leveling. We expect the city will help to move the project licensing along rapidly as the combined project represents $6.87b in local spending, some of which will likely be funded by the local government.
This project is still in the early stages of development and licensing, although the site map below shows the 1.3m m2 of land that is under bidding for leveling. We expect the city will help to move the project licensing along rapidly as the combined project represents $6.87b in local spending, some of which will likely be funded by the local government.
TCL-Chinastar T8-T9 Project Map - Source: Guangzhou City Preparatory Project Plan
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