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Article: IRICO SPENDS CNY508MN BUILDING AN OLED PLANT IN SHUNDE

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AsiaInfo Services
Article date:
May 21, 2009
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AsiaInfo Services
05-21-2009
IRICO Spends CNY508mn Building an OLED Plant in Shunde

SHENZHEN, May 21, 2009 (SinoCast Daily Business Beat via COMTEX) -- IRICO Group Electronics Co., Ltd. (IRICO), a color picture tube (CPT) maker based in Xianyang, Shaanxi Province, northwest China, today started building an OLED plant in Shunde, Guangdong Province, southeast China, with a total investment of CNY 508 million. The factory is expected to have a yearly output of 12 million pieces of OLED.

As one of OLED pioneers and a state-owned company under direct control of the State Assets Administration Committee (SAAC), IRICO joined hands with Tsinghua University as early as 1997 to research and develop ...

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