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TCL CSOT ranks 4th in global flexible OLEDs production from Jan-Aug

Updated: 2021-09-25 (chinaopticsvalley.com) Weibo Weixin Qzone Facebook Twitter More

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A flexible OLED panel is installed in a smartphone. [Photo/WeChat account of Optics Valley of China]

TCL CSOT (The Creative Life China Star Optoelectronics Technology Co), a optoelectronic titan based in Wuhan East Lake High-tech Development Zone (also known as Optics Valley of China), has achieved an unexpected production growth in flexible OLEDs (Organic Light-Emitting Diode), ranking second domestically and fourth globally.

With a monthly output of 45,000 flexible OLED panels, TCL CSOT will be able to install display screens in more than 8 million mobile phones. Since 2021, the market demand of flexible OLEDs has been soaring. South Korea currently occupies 90 percent of the market.

In order to minimize the effect of the COVID-19 pandemic and make the production line operate as quickly as possible, TCL CSOT has launched its emergency coordination plan and gained support from domestic suppliers in the production line. Nearly 7,000 workers in the company have changed shifts to ensure the production line runs 24 hours a day.

Another issue is the ongoing chip shortage, which was successfully predicted and prevented by TCL CSOT decision makers.

Li Zhifu, vice president of the company, said that the company has ensured the supply chain security of limited resources by cultivating and aiding many domestic material suppliers.

Meanwhile, the company has also tried to improve the functionality of the flexible OLED panel production line. The transformed production line is expected to churn out 1.09 million square meters of display panels annually, meeting 13 percent of global need.