China’s leading automotive lighting LED chip technology company, GZHL Optoelectronics Technology Group, has just announced that the Mini/Micro LED Phase I project will be put into production, and then an additional 2 billion yuan will be added to prepare for the Phase II project.
In June this year, GZHL invested 150 million yuan to build the first phase of the Mini/Micro LED new backlight display project. At the beginning of December, the first phase of the project was officially put into production, with 50 production lines planned to be put into production. After reaching full capacity, it is expected to produce 20,000 75-inch TV backlights and 1,000 square meters of P0.9mm RGB direct display products per month.
On December 16, GZHL announced that it will invest in the second phase of the Mini/Micro LED backlight display. The project covers an area of about 100 acres, with an investment scale of 2 billion yuan, and the annual output value is expected to be about 4 billion yuan after fully reaching production.