What They Say
We missed it a couple of weeks ago, but have now seen a press release from Jade Bird Display (JBD) about the topping out of a fab facility in Hefei, China to make microLEDs. The factory has got to the stage of ‘roof sealing’. The plant covers 79 acres (32 Hectares) and is being funded with an initial investment of RMB650 million ($97 million). The fab will help the firm to achieve an annual capacity of 120 million microLED displays per year. The firm also has a fab in Shanghai.
At the time of publishing, you could download the full release here.
What We Think
I had to double check the numbers here. We get so used to fab investments in billions, it’s surprising to see an investment in ‘merely’ $tens of millions. But that is one of the potential promises of microLED. Given the scale of the investment, the fab must be just for frontplanes & assembly, rather than backplanes, I think. (BR)
JBD’s Hefei Fab )source:JBD)
