Chuanhua OV Alliance Alliance Soft Technology Investment OLED Panel

- Mar 07, 2019-

According to domestic media reports, the startup company of flexible display technology, which is an alliance with Huawei, vivo and OPPO, is called Rouyu Technology. The company plans to establish a production line in Shenzhen. In order to keep up with the demand for OLED, it will achieve this investment through this year and next. Production capacity of 45,000 pieces of 5.5th generation flexible and rigid OLED panels per month.

Not long ago, when Premier Li Keqiang inspected OPPO and Junyu Technology, he expressed his hope to promote cooperation between the two companies.

In Shenzhen Longgang, the international flexible display base with a total investment of over 10 billion yuan is under construction. The world's first 6-generation flexible display production line built by Softwoo in Shenzhen will be officially put into operation in 2017, with an annual output value of nearly 20 billion yuan.

In 2014, Rouyu Technology released the world's thinnest new color flexible display with a thickness of only 0.01 mm. In July 2015, Rouyu Technology built the first ultra-thin flexible display module and flexible touch production line. The production capacity reached 1 million pieces/month. In September of the same year, the world's first foldable high-definition intelligent mobile cinema, Softwoo X, was released and sold to 15 countries including the United States, Canada, Britain, France, Japan and South Korea.

At present, Rouyu has gathered more than 600 employees from 12 countries. Many core management and technical personnel graduated from Stanford University, Tsinghua University, Peking University, University of California and other famous schools. They have worked for IBM, HP, Qualcomm, Huawei, etc. Well-known company. After completing the C round of financing, the company's valuation is more than 3 billion US dollars, becoming one of the fastest growing companies in the world.