CHINO, Calif. , May 11, 2022 /PRNewswire/ -- Tianma, a leading global manufacturer of flat panel displays, will be constructing a new G8.6 Panel Production Line ("TM19") in Xiamen, Fujian, China. With an investment of RMB 33 Billion ($5.2B), the new plant is expected to produce 120k sheets per month using a-Si technologies.
Tianma, a leading global manufacturer of flat panel displays, will be constructing a new G8.6 Panel Production Line ("TM19") in Xiamen, Fujian, China. Photo: Tianma America, Inc.
Production at TM19 will focus on the Automotive, IT (Tablet PC, Laptop, Monitor, etc.) and Industrial Display markets, embracing the trend for larger screen displays. This investment will strengthen and expand Tianma's product portfolio, and significantly increase the company's production capacity.
"The new TM19 line will allow Tianma to better serve customers worldwide, utilizing our extensive technology portfolio, as well as advanced, multi-generational production lines and deep reserve of talent," said Charles Peng, the Chairman of Tianma Microelectronics Co. Ltd. "Further, the facility embodies our '2+1+N' strategy: Two core markets (Smart Mobile and Automotive); one key growth market (IT); and value-added business growth with organic expansion (Industrial, Medical and HMI products)."
To address the growing Automotive market trends, Tianma will continue to focus on multi-screens, large panel, higher resolution, display integration, and other in-vehicle performance improvements. Displays continue to increase in size, and it is expected that the share of Automotive Displays of ten inches and above will reach 45% in 2028.
TM19 production will also serve the needs of the high-end IT and Gaming markets, which have exploded in recent years. This growth has bolstered the demand for increased technical requirements such as narrow frame, low power consumption, high refresh rate, etc., and with the addition of TM19, Tianma will be able to provide the full range of product lines, including the company's leading advantage in LTPS technology.