$1.7 Billion Flexible Display and Sensor Manufacturing Facility Nears Completion

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By Ryan Martin | 3Q 2017 | IN-4656

 

The Calm Before the Storm

NEWS


At the Consumer Electronics Show (CES), Royole Corporation announced the expected completion of a US$1.7 billion facility dedicated to the mass production of flexible displays and sensors. While the privately held company has only been around since 2012, the 2014 debut of a 0.01mm-thick, full-color active matrix organic light-emitting diode (AMOLED) flexible display, which it claims is the thinnest of its kind, and a clear push to etch its place among a select group of players with a shot at seriously shaking up the supplier landscape, put it ahead of more mainstream market developments.

The annual output capacity of Royole’s new Shenzhen production facility is estimated to be in excess of 50 million flexible displays per annum.

IoT Applicability

IMPACT


ABI Research forecasts that smart glasses shipments alone will climb from several hundred thousand units in 2017 to more than 33 million by 2022, globally (at a segment-leading 129% CAGR). Virtual reality (VR) is projected to grow from about 20 mill…

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