Yuantai: The goal of electronic paper is to be cheaper than LCD
August 19, 2022
Core tip: Yuantai, a major e-paper manufacturer, pointed out in today's legal meeting that the goal is to make it cheaper than LCD (liquid crystal display), and e-paper is in line with the world's carbon reduction trend. Take shelf product labels as an example. After changing the standard four times, the electronic paper label can reduce the carbon emission of 20,000 tons, and expand the application. For example, the metal license plate can also be changed to electronic paper.
Yuantai, a major electronic paper manufacturer, pointed out in today's legal meeting that the goal is to be cheaper than LCD (liquid crystal display), and electronic paper is in line with the world's carbon reduction trend. Take shelf product labels as an example, if a general paper label is changed 4 times a day E-paper labels can reduce carbon emissions by 20,000 tons, and expand their applications. For example, metal license plates can also be converted to e-paper.
At present, electronic paper is mostly used in readers. However, the current demand for consumer electronics is weak, and the outside world is concerned about the impact on the company. The company said that it is currently converting to electronic color readers. The full year should still be able to grow slightly compared to last year.
Optimistic about the growth prospects of the electronic paper industry, the board of directors of Yuantai (5) confirmed that it will spend 3.305 billion Taiwan dollars (about 740 million yuan), and plans to build a new factory building in Hsinchu, Taiwan, China, and expand two electronic paper material production lines. It is expected to be completed and opened in 2023.
In addition to continuing to expand upstream material production capacity, Yuantai currently has two production lines in Linkou, and the Hsinchu plant is expanding four production lines. It is estimated that three new production lines will be put into operation before the end of this year, and the last production line is expected to be completed by the end of the year. , put into mass production next year.
Yuantai previously stated that after the completion of the planning of the new factory building, at least six material production lines have been reserved for expansion.