Shenzhen Tianma A stated in an investor relations event that the overall AMOLED business is currently progressing well. In the first half of this year, it has shipped tens of millions of AMOLED products. Among them, AMOLED smart wearable sales revenue increased by more than seven times year-on-year. At present, it has become the main supplier of major brands in the wearable market and will continue to grow in the future; on flexible mobile phones, its mass production projects and projects under development have been realized Full coverage of domestic brand customers, and new project orders continue to be imported. With the continuous mass production of new projects and the continuous release of production capacity, shipments will continue to grow.
In the first half of this year, Shenzhen Tianma A's revenue reached 15.9 billion yuan, an increase of 13.78% year-on-year; R&D investment reached 1 billion yuan, an increase of 9.78% year-on-year.
It is reported that currently, Shenzhen Tianma A is operating and managing 3 AMOELD mass production lines, namely Shanghai TM15, Wuhan TM17, and Xiamen TM18.
Shanghai TM15 currently mainly focuses on smart wearable devices (such as watches, bracelets, etc.), differentiated products and other emerging products. It has been stably mass-produced and shipped to mainstream brand customers in the market. It is the first domestic major customer to achieve an international brand. AMOLED manufacturers that deliver in batches are currently undertaking the functions of Shentianma A's AMOLED new product and new technology testing and research and development.
Wuhan TM17 is currently mainly focused on smart phone products. Its flexible products have been mass-produced and shipped to mainstream brand customers in the market, and more flexible product projects for brand customers have been introduced one after another.
Xiamen TM18 has completed the topping of the main plant. It is estimated that the equipment will be moved in in the second half of 2021, and the production capacity will be released in 2022. This production line will introduce forward-looking innovative technologies in the industry. After the project is completed, it will help Shentianma A's flexible AMOLED production capacity to rank among the top three in the world. With the release of AMOLED production capacity, Shenzhen Tianma A's competitiveness in the AMOLED field will greatly increase in the future. Shenzhen Tianma A also said that AMOLED's mid-term goal is the top three in the world.