In January 2014 Truly Semiconductors (a Hong-Kong based LCD and PMOLED producer) announced plans to build a 4.5-Gen AMOLED fab. Now it is reported that Guangdong’s Province government allocated 450 RMB ($72 million) towards that new fab. Truly expects the investment in the new fab and in a new AMOLED R&D center to reach 6.3 billion RMB ($1 billion). Truly sees a total investment of 17 billion RMB ($2.7 billion) in their OLED project (I’m not sure what will the rest of the money be allocated to). Read more about Truly awarded a $72 million grant towards their 4.5-Gen AMOLED fab in Guangdong

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Truly awarded a $72 million grant towards their 4.5-Gen AMOLED fab in Guangdong