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Shanghai Songjiang’s Rubber Joints Empower LG Display’s Guangzhou OLED Project: A Leap Towards China’s OLED Industry Leadership
Published:2023-08-24 Browse:[ 158]second

Shanghai Songjiang Shock Absorber Group Co., Ltd., through its official website, introduces the delivery information of explosion-proof rubber joints for the LG Display Guangzhou OLED project. Songjiang Group provides high-quality bellows-expansion for various projects by LG. Our factory is equipped with a type testing center, ensuring the safeguarding of product quality.

China’s first high-generation OLED panel line, the LG Display Guangzhou OLED project, has officially commenced production. It is the world’s largest and most advanced 8.5th generation OLED production line. Located in the Huangpu District, Guangzhou Development Zone, the project has a total investment of approximately 46 billion Chinese Yuan. It is projected to achieve a monthly production capacity of 90,000 panels by the end of 2021, with an annual output value of about 20 billion Chinese Yuan. At that time, the LG Display-led flat panel display industry cluster in this area will have an annual output value of 120 billion Chinese Yuan, propelling Guangzhou to become a global OLED strategic base.

The production capacity will process 90,000 glass substrates per month. The LG Display Guangzhou OLED project began construction in July 2017 and took more than two years to complete. The project covers an area of 190,000 square meters, with a building area of 560,000 square meters. The main factory building reaches a height of 94 meters, spanning nine floors. Following modern, intelligent, and high-tech design principles, the factory interior is equipped with million-class clean production workshops and globally leading intelligent production lines.

The glass substrate size for this project is 2200mm*2500mm, with a maximum processing capacity of 90,000 panels per month. The main products are 4K ultra-high-definition OLED panels for large-sized televisions, including 55-inch, 65-inch, and 77-inch screens. The project’s first phase received an investment of 35.5 billion Chinese Yuan, and the second phase received an investment of 10.5 billion Chinese Yuan. The plan is to achieve a monthly production capacity of 90,000 panels and a panel production capacity of 4.984 million units per year by the end of 2021. Currently, the cumulative investment has reached 28 billion Chinese Yuan. After the completion of the 46 billion Chinese Yuan investment, the annual output value will reach approximately 20 billion Chinese Yuan.

The authentic photos of songjiang products( Rubber Joints)  which provide to LG Display’s Guangzhou OLED Project

Guangzhou emerges as a global OLED strategic base. With further economic development and increasing consumer purchasing power, China has become a core market driving the development of new technologies and products. According to market research firm IHS data, in 2017, the Chinese television market held a stable global market share of 25%, ranking first. IHS also predicts that China’s OLED TV market will continue to grow rapidly, with an expected growth rate of 115.5% in 2019 compared to 2018. By then, China will be the only region in the world with OLED TV growth exceeding 100%

Related links:Reinforced double sphere rubber rubber bellows expansion joints

Article link: https://www.bellows-expansion.com/shanghai-songjiangs-rubber-joints-empower-lg-displays-guangzhou-oled-project-a-leap-towards-chinas-oled-industry-leadership.html

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