In 2019 San’an Optoelectronics announced that it aiming to build a $1.78 billion Mini-LED and Micro-LED production site in Hubei. The project will include a LED production plant, an R&D center and also a sales offices.
The plant construction was said to take up to 3 years, and production to begin a year later. According to a news report from China, construction was delayed due to the COVID pandemic, but Sanan now resumed construction the new facility.
It is also reported that the construction will be finished by March 2021 and that production will begin shortly afterwards. Originally it was said that the plant construction will take up to 3 years when it is committed, and production will begin within 4 years.
Sanan Optoelectronics has been developing microLED technologies for several years. In February 2018 it was reported that San’an and Samsung signed a long-term agreement to co-develop Micro-LED displays. In 2020 Sanan signed an R&D joint-project agreement with CSoT.