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TCL Joins CSOT on 11G TFT-LCD/AMOLED Fab

The Securities Times in China reported that TCL will join with CSOT to establish an 11G LCD/AMOLED fab in Shenzen and with the Shanghai City Government. The total investment plan is estimated at $6.96 billion and the firms will establish a joint venture for the project. Capacity is planned at 90K substrates per month, with a size of 3370 x 2940 to produce 43″, 65″, 70″ and 75″ LCD TV panels as well as professional signage panels and OLEDs.