Irico Flat Panel Display to Build 4.5G AM-OLED Line in Foshan
June 19, 2011
Irico Flat Panel Display, a subsidiary of Irico
Display Devices, plans to build a 4.5G AM-OLED (Active Matrix Organic Light
Emitting Diode) production line in Foshan, Guangdong Province, according to a company
filing on June 8, 2011. Irico Flat Panel Display was jointly set up by Irico
Display Devices and and Foshan Shunde Chengshun Asset Management. The company
expects to invest 315 million RMB (US$48.5 million; US$1=6.5 RMB) in this project.