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Lianchuang Electronics Phase III Settles Down in Chongqing with RMB 1.02 Billion New Investment

Lianchuang Electronics Phase III Settles Down in Chongqing with RMB 1.02 Billion New Investment

Rendering of the Chongqing Liangjiang Lianchuang Electronics Phase III Project

By Keqiao Cheng, EDITOR

Chongqing - Chongqing Liangjiang Lianchuang Electronics (Chongqing LCE for short) Phase III Project commenced on January 21. This project, enjoying a new investment of RMB 1.02 billion, is located in Shuitu High-Tech Eco-Town, covering a building area of 160,000 m2.

At the same time, responding to market demand, it will produce 30 million new-generation (COF structure and AMOLED) integrated touch & display controller products annually. The construction will last three years. Also, when the production starts, the annual sales revenue will increase by RMB 4 billion.

The products will be portable consumer electronics-related.

Meanwhile, the related products can be applied to portable consumer electronics like high-end smartphones, tablet computers, laptops, and digital cameras. In addition, vehicle GPS and audio/video players, smart wearables, and smart home systems can also get benefit from this project.

Besides this, Chongqing LCE said it could support the latest project of BOE Technology, which is to make the sixth-generation flexible AMOLED. BOE Technology began to build the production line from last year in Chongqing. With the investment of RMB 46.5 billion, it is the third major project the company has settled here. Moreover, the Phase III Project can also facilitate OPPO, TRANSSION, and VIVO.

Chongqing Liangjiang Lianchuang Electronics opened on October 10, 2016. Moreover, it covers a building area of 100,000 m2. Meanwhile, it aims to produce 8 million pieces of new integrated touch & display controller products annually.

Source: CQCB

 

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