The Ministry of Industry and Information Technology (MIIT) support the government of Guangdong provice to build a OLED base.

Also an OLED industry alliance was established among the 20 Guangdong-based companies and institutes, including IRICO Group Electronics Co., Ltd., China Display Technology Co., Ltd., Anwell Technologies Ltd., Truly International Holdings Ltd., TCL Corp. (SZSE: 000100), and Sun Yat-Sen University.

Irico Group Electronics want to invest about 75 Million Dollar for their first OLED production in China. The China panel maker plans to produce 12 million panels.
The production line will be ready in about 16 months.

The reports noted that Irico also plans to build module and low-temperature polysilicon (LTPS) production lines.
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