BEIJING -- Major Chinese display manufacturer Visionox said Tuesday that it will invest 55 billion yuan ($7.6 billion) to build a plant for cutting-edge organic light-emitting diode (OLED) panels, intensifying competition in the arena with Samsung Electronics and compatriot BOE Technology.
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China's Visionox turns up heat on Samsung, BOE in OLED panels
Display maker to spend $7.6bn for factory using leading 8.6-gen technology
Visionox ranks fourth in global OLED panel share behind Samsung, LG Display and BOE. (Visionox)
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