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BOE commences equipment installation on 5G plant

Posted: 28 Sep 2004 ?? ?Print Version ?Bookmark and Share

Keywords:boe technology group? lcd? 5g? 6g? 7g?

With an investment worth $1.25 billion for its 5G plant, BOE Technology Group Co. Ltd started equipment installation on Sept. 20. The plant is expected to begin production by year-end and will pursue volume production by the first quarter of next year.

The company planned ahead in production expansion since the LCD industry is expected to grow in mainland China by 2006; a 5 percent share in the global market is forecast to go to the LCD market.

BOE's 5G plant is anticipated to have a production capacity of 13 million units annually, which includes 17-inch panels. The company is expecting to sell a total of 8 million LCD panels by the end of 2005.

Apart from its 5G line, BOE is mulling on constructing 6G and 7G lines in the future.

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