Industry news

Japan-based Sakai Display Products (SDP) on March 1 held a groundbreaking ceremony for a project to develop a display ecosystem park consisting of a 10.5G IGZO TFT-LCD panel fab, a smart TV plant and an electronic white board and high-end display factory in Guangzhou, southern China, with the first-phase development scheduled for completion in June 2019.

The 10.5G display ecosystem park entails investment of an estimated CNY61.0 billion (US$8.87 billion) and occupies land of 48.43 hectares. The first phase occupies 21.56 hectares.

The 10.5G panel line will have monthly capacity of 90,000 3,370mm x 2,940mm glass substrates to mainly produce large-size, especially 65- and 75-inch, 8K TV panels and create 15,000 jobs.

Terry Guo, chairman for Taiwan-based Foxconn Electronics and a major shareholder of SDP, attended the ceremony and indicated that US-based Corning, Germany-based Merck and Japan-based ULVAC and Nichia as well as a number of display panel components and materials suppliers plan or are willing to set up factories near the display park.