The China Post
Date: March 2, 2017
By: Christine Chou
A subsidiary controlled by Terry Gou (郭台銘), founder and chairman of the world’s
This photo shows a banner reading Foxconn Technologies Group, on the new Guangzhou construction site on March 1. The new flat-panel factory is scheduled to be completed by September 2018 and begin production in 2019. (Photo courtesy of Foxconn’s WeChat account)
largest contract assembler of consumer electronics Hon Hai Precision Industry Co., Ltd. (鴻海), held a ground-breaking ceremony for a new Gen 10.5 8K display plant in the Chinese city of Guangzhou on Wednesday.
The 61 billion yuan (NT$276.7 billion) industrial area construction is the largest industrial investment Guangzhou has seen, expected to produce 90,000 display screens per month when fully operational, bringing in an annual productional value of 92 billion yuan (NT$411.2 billion), according to Chinese media.
The new Gen 10.5 fab seeks to boost capacity to meet increasing demands for ultra-high resolution displays and is scheduled to begin production in 2019.
Behind the new factory construction is Japan’s Sakai Display Products Corporation (SDP), of which Gou’s investment company is the majority shareholder, and the Guangzhou City municipal government.
SDP has experience operating the world’s only Gen 10 liquid crystal display (LCD) panel production line using 8K resolution technology. [FULL STORY]
