A major development in the display equipment industry has caught the attention of experts and enthusiasts alike. The potential order from BOE, a Chinese display giant, to Avaco, a Korean equipment maker, for their Gen 8.6 OLED factory construction is a game-changer. But here's where it gets controversial...
Avaco, a trusted name in the industry, has already supplied equipment for the first phase of BOE's B16 factory in Chengdu, Sichuan Province. With their vacuum deposition transfer equipment being tested by BOE, it's highly probable that Avaco will secure an official order for the second phase soon.
The equipment supplied by Avaco is an essential part of the OLED production process, handling the loading, alignment, and vacuum transfer of glass substrates during deposition. It's a core component that significantly impacts the yield rate of the entire production line.
Avaco's equipment has been used in BOE's first phase construction, and the company is now expecting an official order for another two units early next year. This order is expected to boost Avaco's earnings further, as their second-quarter revenue already surged by an impressive 173% year-on-year, with operating income skyrocketing by 487%.
But here's the part most people miss: Avaco's success with BOE has opened doors to other Chinese display makers as well. Sources indicate that Avaco is in talks for supply contracts with multiple Chinese companies, including Visionox, CSOT, and Tianma, all of whom are investing heavily in Gen 8.6 OLED technology.
This potential order from BOE is a significant milestone for Avaco, and it showcases the growing demand for advanced display equipment in the Chinese market. With multiple Chinese companies investing in OLED technology, Avaco's expertise and equipment are in high demand.
What do you think? Is Avaco's success with BOE a sign of things to come for the Korean equipment maker? Will we see more collaborations between Chinese display giants and Korean equipment suppliers? The future of display technology is an exciting prospect, and we'd love to hear your thoughts in the comments below!
