Chinese Manufacturer BOE to Optimize Production with Orbotech Technologies
YAVNE, ISRAEL, DECEMBER 5, 2016 | ORBOTECH LTD.,(NASDAQ: ORBK) a leading provider of process innovation technologies, solutions and equipment enabling the transformation of the global electronics manufacturing industry, today announced that BOE Technology Group Co., Ltd., a leading Chinese manufacturer of flat panel displays, has selected Orbotech’s advanced inline and offline inspection and testing solutions for its B9 Gen 10.5 fabrication facility in Hefei, Anhui Province, China. This order, totaling approximately $61 million, is for systems designed to enable BOE to achieve high yield, high throughput, mass production of flat panel displays for very large size televisions, and will be installed during phase I of the facility ramp-up. The order was received in September 2016.
Delivery of this order is scheduled to commence during the second half of 2017. Phase I production is expected to reach 90,000 substrates per month with full-scale production of 120,000 substrates per month projected to be achieved in 2019, during phase II.
As the demand for large LCD TV screens of 55 inches and above is growing rapidly, BOE’s new Gen 10.5 fab is expected to create efficiencies that will further improve panel quality. At 2,940 x 3,370 mm, Gen 10.5 is the largest LCD substrate currently available, enabling high efficiency for 43” to 75” screens.
“We are honored to have been selected to provide BOE with our field-proven Quantum™ AOI and ArrayChecker™ solutions which will help ensure that BOE’s production is optimized for efficiency, flexibility and cost,” said Mr. Gil Oron, Corporate Vice President and President of Orbotech’s FPD Division. “This transaction represents the largest yield management deal in Orbotech’s history. It builds on more than a decade of close and successful cooperation with BOE, and harnesses our proven track record of over 20 years in providing superior yield enhancement solutions for mass production to the FPD industry.”
About BOE Technology Group Co., Ltd
BOE Technology Group Co., Ltd., founded in April 1993, is a supplier of internet of things technologies, products and services. BOE’s three core businesses are Display Device, Smart System and Healthcare Service. BOE’s products are widely used in a broad spectrum of applications such as mobile phone, tablet, notebook, monitor, TV, vehicle display, digital information display, healthcare, finance, and wearable devices.
At present, BOE has 7 production lines in operation, including a Gen 5 TFT-LCD line and a Gen 8.5 TFT-LCD line in Beijing, a Gen 4.5 TFT-LCD line in Chengdu, a Gen 6 TFT-LCD line and a Gen 8.5 TFT-LCD line in Hefei, a Gen 5.5 AMOLED line in Ordos, and a Gen 8.5 TFT-LCD line in Chongqing. There is another Gen 6 AMOLED line in Chengdu, a Gen 8.5 TFT-LCD line under construction in Fuzhou and the world's highest generation line Hefei Gen 10.5 TFT-LCD line under construction.
BOE has manufacturing bases located in Beijing, Chongqing, Chengdu of Sichuan Province, Hefei of Anhui Province, Ordos of Inner Mongolia Autonomous Region, Gu’an of Hebei Province, Suzhou of Jiangsu Province and Xiamen of Fujian Province. BOE also boasts a global marketing and service network, which covers the world's major areas including Europe, America and Asia.
About Orbotech Ltd.
Orbotech Ltd. is a global innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products throughout the electronics and adjacent industries. The Company is a leading provider of yield enhancement and production solutions for electronics reading, writing and connecting, used by manufacturers of printed circuit boards, flat panel displays, advanced packaging, micro-electro-mechanical systems and other electronic components. Virtually every electronic device is produced using Orbotech technology. For more information, visit http://www.orbotech.com/
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Tally Kaplan Porat
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