Recently, according to Wuhan Huaxing Optoelectronics, the company plans to expand the production line of the t3 factory, which is expected to be completed in May this year. By then, the plant's panel production capacity will reach 50,000 slabs, which will become the world's largest LTPS monomer plant.
It is reported that with the breakthrough of Wuhan Huaxing Optoelectronics in the development of Samsung, Huawei, OPPO, vivo, Xiaomi, Lenovo and other brand customers, the demand for panels continues to increase, this transformation aims to provide better capacity guarantee for its global brand customers.
According to reports, since the second half of 2018, the production capacity and shipments of Wuhan Huaxing t3 plant have continued to increase, including full production and sales in the fourth quarter, with shipments reaching 24.8 million, ranking third in the world and second in the country. The world's number one, the world's top six mobile phone brand customers have shipped 80% of the company's total shipments.
In 2019, Wuhan Huaxing Optoelectronics will actively deploy the “blue ocean” market such as car panel, high-end tablet market and flexible OLED, further optimize the industrial structure and enhance the competitiveness of the industry, and it is expected to continue to maintain rapid growth.
It is also known that Wuhan Huaxing Optoelectronics has attached great importance to independent innovation, talent employment, patent application, etc., and the number of invention patent applications has ranked first in the list of enterprises in Hubei Province for three consecutive years.