Industry leaders optimistic about development in Chengdu

As a major electronic information industry base, Chengdu is home to a number of leading IT companies, including Intel, Dell, Texas Instruments, and GlobalFoundries. [Photo provided to China Daily]

Industry leaders are optimistic about the future development of the electronic information industry in Chengdu, capital of Southwest China's Sichuan province.

"Chengdu's electronic information industry has made significant contributions to both China and the world," said Wang Dongsheng, founder and chairman of BOE Technology Group Co Ltd, while recording a talk show on Sep 3 at Eastern Suburb Memory, a former TV cathode tube factory in Chengdu, which has now been transformed into a cultural park.

The factory, named Hongguang Electronic Tube Factory, was the birthplace of China's first black and white television picture tube.

Wang, as well as representatives from other leading companies like Gree, Tsinghua Unigroup, and Westone Information Industry Inc, discussed the past and future development of Chengdu's electronic information industry.

Wang said Chengdu will serve not only as an industrial base, but also as a talent base for BOE to explore the European market and markets along the route of the Belt and Road Initiative.

The flexible AMOLED display screen produced at the BOE Chengdu 6th generation flexible AMOLED production line. [Photo provided to China Daily]

Currently, the world's leading BOE Chengdu 6th generation flexible AMOLED production line has been put into mass production and supplied to many renowned manufacturers.

Dong Mingzhu, chairwoman of Gree Electric Appliances, a major home appliances maker based in Zhuhai, Guangdong province, said that Gree chose to invest in Chengdu because of its market potential, as well as the support and preferential policies from the local government.

"We are quite impressed by the attitude and service spirit of the city government," she said, adding that the heavily invested chip business of Gree will also have a presence in Chengdu.

"Chengdu is an ideal place for creating a new form of product and disruptive innovation," said Zhong Bo, chairman of smart projector firm XGIMI, who founded the company in 2013 after working in Shenzhen for 10 years.

A group of people watch a football game on the big "screen" using a smart projector of Chinese manufacturer XGIMI in Chengdu, Sichuan province. XGIMI's smart projectors are capable of beaming very high-resolution pictures that are considered screen-free televisions. [Photo provided to China Daily]

XGIMI ranked first in the projector market in China last year, according to IDC. To date, the Chengdu-based company has sold its products in more than 127 markets, including the United States, Singapore, and India.

As a major electronic information industry base in China, Chengdu is home to a number of leading IT companies, including Intel, Dell, Texas Instruments, and GlobalFoundries. The city’s electronic information industry generated a total revenue of 400 billion yuan ($55.8 billion) in the first half of this year, a year-on-year growth of 16.3 percent.

The revenue of its electronic information industry is expected to exceed 1 trillion yuan in 2020, according to a recent plan by the city government.