Display firms eye big share of global pie

Manufacturers unveil new production lines to boost output, enhance competitiveness

Shenzhen China Star Optoelectronics Technology Co Ltd announced a new production line for large-screen ultra-high definition 8K display products and organic light-emitting diode screens on Wednesday, a move that will help China's display panel industry to make headway against overseas competitors, according to industry experts.

With a total investment of 42.68 billion yuan ($6.14 billion), the project is expected to launch mass production in March 2021, with 90,000 modules set to be manufactured each month in the initial stages.