As Korean OLED panel makers do not have a lot of investment, the OLED equipment industry is in a low-demand season. When Chinese OLED panel makers confirm the order status of equipment orders in 2019, orders are being made centering on equipment and module line equipment required for new technologies rather than new lines.
In China panel makers BOE and CSOT, some equipment was ordered in March of this year for the development of flexible on-cell touch technology, and Korean equipment makers seem to have received orders from Wonik IPS and Iruja. In addition, since last month, the BOE Chengdu line has begun full-scale mass production and ordering of modular products along with foldable product preparation. Korean equipment makers will also receive equipment orders from BOE and proceed with production.
Starting this month, Visionox Hebei Line, which is set to start full-fledged investment this year, has begun placing orders for long-term delivery equipment and automation equipment. In addition, Wuhan Tianma is making some complementary investments in flexible process equipment, and EDO, Royole, and Truly are expected to invest in the future depending on market conditions.
UBI Research AMOLED process equipment industry report, which is scheduled to be published in May 2019, will be covered in detail in investment situation and equipment supply chain in China panel makers.