TCL Bets on OLED TV Despite Asian Manufacturers Exodus

TCL’s subsidiary China Star Optoelectronics Technology (CSOT) recently announced plans to begin mass producing OLED panels by 2016.

TCL’s Marketing Director Europe Antonie Salome revealed the news during the IFA 2014 Global Press Conference. CSOT plans to construct a 8.5-Gen Oxide-TFT OLED TV fab in Shenzhen. The company anticipates the new fabrication line to manufacture 70 percent LED panels and 30 percent OLED panels, according to OLED-Display.

CSOT will also add an additional production line in 2016 to specifically manufacture OLED TVs to satisfy OLED market demands. TCL has high hopes for the OLED TV market, despite the recent exodus by large TV manufacturers including Sony, Samsung and Panasonic.

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