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Company News >> BOE and other active production of large-size panels pass Foxconn investment panel greatly reduced
According to an Asian Nikkei commentary citing people familiar with the situation, Hon Hai (Foxconn) invests in a US$1 billion screen factory in Wisconsin, which may change from the original plan to produce large-scale panels for television, to production and supply of apples, auto makers, etc. Small panels to reduce initial costs. The report pointed out that the change in Hon Hai’s plan will coincide with the continued supply surplus of the global TV screen, and many domestic companies such as BOE are actively expanding production. Producing large screen panels will require a more complete regional supply chain and a larger initial investment in equipment.
Sources said: Hon Hai had originally planned to build a 10.5-generation panel plant suitable for producing large panels, but they later thought that building a sixth-generation or 8.5-generation panel plant may be more feasible and efficient because they can Moved some equipment directly from Asia in the past.
The sixth-generation panel maker mainly produces small panels for mobile phones, tablets, laptops, and wearable devices. The 8.5-generation panel maker is more suitable for panels, notebooks, monitors, and televisions. Both can produce niche products for medical or automotive use.
WitsView analyst Qiu Yubin, a market research company, also agreed that Hon Hai may change the Weizhou plant to produce small and medium-sized panels.

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