The transfer of GF’s plan for IPO is extra more likely to occur within the close to future, which could make Intel’s buyout plan vanish. Two OLED panel suppliers in China are increasing their panel capabilities which inform the adoption charge of OLED panels in smartphone manufacturers, together with Samsung, Xiaomi, Oppo, is getting larger. LCD panel makers; then again, are reworking to deal with extra value-added merchandise.
GF proceeds with IPO plan, more likely to crush Intel’s takeover bid: GlobalFoundries (GF) reportedly has quietly utilized to US Securities and Exchange Commission for an IPO (preliminary public providing) itemizing on New York Stock Exchange in late 2021 or early 2022, a transfer which will additional dent Intel’s reported US$30 billion bid to amass GF, in response to business sources.
BOE Technology, Visionox Technology increasing OLED panel capacities: China-based show panel makers BOE Technology and Visionox Technology are increasing manufacturing capacities for OLED panels, in response to China-based media stories.
LCD panel maker AUO to hurry up transformation for continued enterprise progress: TFT-LCD panel maker AU Optronics (AUO) will pace up the upgrading of its enterprise operation to take care of enterprise progress by bi-axial transformation.
