The leading OLED manufacturer in China is the Dalian Zhiyun Automation Company and it specializes in the production of LCD, OLED, and mini LED technologies. According to the latest information, Xiaomi has invested over CNY143 million ($20 million) and gets in return 15,5 million shares, which is exactly 5.63% of the company’s total.
The deal was done with Tan Yongliang, the executive owner of the Zhiyun company. It is the biggest Chinese company that delivers technologies for imaging panels and works closely with manufacturers like BOE, Huaxing, Tianma, and Visionox – all competitors to Samsung on the OLED scene.
Xiaomi Mi 10
With the rise of Lcd panels and the developing demand for smartphones, Zhiyun systems turned a commodity amid Chinese suppliers, creating the price of its shares skyrocket on the Shanghai Inventory Exchange market. It managed to break the monopoly of Japanese and Korean corporations on the domestic scene, and some analysts assume this could materialize in the OLED area as very well.
At this time, Zhiyun is the only organization that can offer the course of action engineering for producing foldable OLED displays, which include gear for bonding, bending, dispensing, and lamination. Xiaomi Mi Notice 10 curved edge
A single of the major Chinese smartphone companies that depend on neighborhood panels is Huawei. The P40 lineup depends generally on BOE panels for the domestic industry whereby Huawei accounts for 40% of profits. Other well-known telephones by a Chinese organization on the global scene is the Xiaomi Mi Take note 10 with curved Visionox panel and both equally Mi 10 flagships with a Huaxing screen.
