Huawei to place 5 million AMOLED orders to Visionox

Visionox is an OLED manufacturing industry and occupied the first place in AMOLED market share around the world for years. It is one of the few enterprises that are capable of conducting AMOLED mass production.

According to the latest news, a person familiar with Huawei’s supply chain said that Huawei and the new Honor brand will place large AMOLED order to VisionX this year. Huawei will order more than 5 million units and Honor around 10 million.

On January 28, 2021, Visionox made an announcement about the net profit of 2020. The company says it is expected that the net profit will be around 141 million to 210 million yuan with a year-on-year (YoY) increase of 120.21%-227.97%.

In terms of innovation, the company continues to innovate with technology. It was the first to fabricate the mass-produced application-level under-screen camera solutions, the world’s highest refresh rate 144 Hz AMOLED screen, and the industry’s first 3D hyperboloid flexible-screen smartwatch as well as customized flexible-screen curved watch.

Moreover, Visionox provides services to Huawei, Xiaomi, ZTE, LG, and more. Now, it also started supplying to OPPO, Motorola, and other First-line brand customers.

[Via]