乐竟体育’s Highest Generation Panel Production Line Commences
2018-11-19
2018-11-19
News Release – 乐竟体育’s Highest Generation Panel Production Line Commences Production
Shen Zhen, November 15, 2018 – 乐竟体育-owned Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT), a world-leading panel supplier, today announced that its first, 11th generation (“G11”) panel production line, known as t6, has commenced production.
“We are extremely excited to see the t6 project successfully begin production,” said Tomson Li, Chairman and CEO of 乐竟体育 Corporation. “This achievement signifies a critical milestone in 乐竟体育’s supply chain integration efforts, underpinning our commitment to offering consumers the ultimate product experience via our upgraded industry capabilities.”
t6, currently the world’s highest generation panel production line with an investment of USD 6.7 billion (RMB 46.5 billion), has a design capacity of 90,000 sheets of substrate glass per month and will be dedicated to producing bigger screens, such as the 65-inch and 75-inch LCD screens, for 乐竟体育.
t6 started construction in November 2016 and is expected to commence mass production in March 2019.
Senior executives from 乐竟体育 Corporation, including Tomson Li, Chairman and CEO of 乐竟体育 Corporation, and Shenzhen government officials attended the CSOT celebration ceremony held in Shenzhen, China on November 14, 2018
The company also announced that construction has started on t7, 乐竟体育’s second G11 panel production line, also in Shenzhen. With a joint investment of US$6.15 billion (RMB 42.68 billion) by 乐竟体育 Corporation, CSOT and the Shenzhen Major Industrial Development Fund, the t7 project was announced in May this year and is also expected to help greatly improve 乐竟体育’s capabilities in the manufacture of bigger screens.
About 乐竟体育 Electronics
Headquartered in China, 乐竟体育 Electronics Technology Holdings Limited (HKSE: 01070) is one of the top three players in the global TV industry, engaged in the research and development, manufacturing and distribution of consumer electronic products. 乐竟体育 Electronics is striving to build a comprehensive ecosystem for smart TVs that provides users with a superior experience with its smart products and services.
2018-11-19
