Sanan to setup a $1.8 billion Mini-LED and Micro-LED production center in Hubei, China

In September 2018 it was reported that China-based Sanan Optoelectronics started to build its first micro-LED epitaxial wafer and chip production lineand in early 2019 it was reported that Sanan plans to start sampling Micro LED chips as early as January 2019.

Now Sanan announced that it has signed a contract with the Gedian Economic and Technological Development Zone in China’s Hubei Province to setup a 12 billion Yuan ($1.78 billion USD) Mini-LED and Micro-LED production site.

Sanan says that the project will include a LED production plant, an R&D center and also a sales offices. The plant construction will take up to 3 years when it is committed, and production will begin within 4 years.

In January 2019 Sanan announced that it is advancing with its Micro-LED R&D and capacity investment, the company has filed for 27 patents and has signed several key partnerships. Sanan

In February 2018 it was reported that San’an and Samsung signed a long-term agreement to co-develop Micro-LED displays. Under the agreement, Samsung pre-paid Sanan $16.83 million to secure LED chips – which in actually are more likely to be mini LED chips.