Truly Optoelectronics has purchased 4.5G production facilities from Samsung Display that will be shipped to China for producing small- to medium-size LCD panels.
According to company general manager Li Jianhua, the 4.5G production capacity will be used to focus on panel production for the vehicle and wearable device segments.
The facilities are expected to go into production in the first half of 2016, which will give Truly enough time to produce customized products, said Li, adding that Truly aims to expand into new markets and generate new sales.
Truly also indicated that it is not taking aggressive initiatives to further tackle the notebook panel market and instead is more optimistic about the vehicle and smart home segments.
Li also said that the China smartphone market was down in the second quarter as vendors were unable to release new units in conjunction with 4G telecom development and because there were delays in 4G chip development.