Taiwan’s Hon Hai Precision Industry Co. (also known as Foxconn Technology Group) will begin developing a kind of high-precision OLED panels designed for current smartphones and tablets with narrow frames and mass produce the new panels in 2015, a OFWeek report quoted sources saying. The report noted Innolux Display Group, the world’s third biggest panel plant is a subsidiary of Hon Hai. Hon Hai’s entry into the OLED panel market is expected to intensify competition.

Hon Hai Precision Industry Co./Foxconn Technology Group headquarters. (LEDinside/ Hon Hai)

Hon Hai will develop a kind of high-precision OLED panels which are designed for the current popular smartphones and tablets with narrow frames, and it plans to start mass production in 2015, report sources. According to the sources, Innolux Display Group, the third biggest panel plant in the world, is subordinate to Hon Hai. Thus, the entrance of Hon Hai into OLED panel market may also intensify the market competition.

According to the report, Hon Hai will be using a more efficient OLED production mode to improve its competitiveness, compared with current OLED production methods by existing manufacturers. Initially, Hon Hai will be supplying OLED panels for Mainland Chinese manufacturers. Apple, Hon Hai’s largest client might adopt OLED panels in the next three years, so the Taiwan’s company’s entry into the OLED sector might be a preparatory move to supplying OLED panels to Apple. To catch up with competitor Samsung Electronics, which is already mass producing OLED panels, Hon Hai will be developing 350ppi OLED pixel panels in the preliminary stage before improving resolution to 450ppi.