Star Technology Plans To Build 9.5 Billion Yuan 3D Curved Glass Production Line Project
May 07, 2018
Star Technology (300256) announced on the evening of May 4th, after the wholly-owned Sun company, Putian Lien plans to invest 1.251 billion yuan to build intelligent terminal metal CNC precision structural parts production projects. At present, the Board of Directors plans to adjust the investment plan implemented by Putian Alliance while maintaining the total investment amount, of which 301 million will be invested in the production of intelligent terminal metal precision structural parts and 950 million yuan will be used for 3D surfaces. Glass production line construction project. The construction of the 3D curved glass production line will increase the production capacity of 20 million pieces of 3D cover glass each year.
Stars Technology stated that with the rapid development of 5G communications and the widespread use of wireless charging technology, technically speaking, the non-metallic materials such as glass and ceramics without electromagnetic shielding effect will replace the metal materials as the chassis will be the industry trend. The glass material technology is more mature and the cost has advantages. "Double-sided glass + metal middle frame" is currently the first choice for replacing metal casing. The company actively seeks for the development and deployment of new products such as 3D curved glass with technological proactiveness, which helps to improve and layout the product structure of existing mobile terminal communications consumer electronics hardware products, and accelerates the realization of the company’s smart consumer electronics window protection screen and touch screen. Module and high-precision structural parts industry chain "one-stop" service development strategy.
With the replacement of flexible OLEDs to LCDs, the area occupied by flexible displays has increased significantly, and 3D glass can be better fitted with curved screens, and has excellent qualities such as thinness, cleanliness, anti-glare, and good weather resistance, 3D curved glass The wide application of these technologies has added new profit growth points for manufacturers, while also increasing customer stickiness and further enhancing the company's market competitiveness.
