According to the information (Person familiar with Huawei’s supply chain), the Chinese tech giant Huawei and Honor will place large AMOLED order to VisionX this year. Huawei will order more than 5 million units and Honor around 10 million.
Visionox is an OLED manufacturing industry and occupied the first place in AMOLED market share around the world for years. It is one of the few enterprises that are capable of conducting AMOLED mass production.
Visionox has recently made an announcement of its 2020 profit. The company says it is expected that the net profit will be around 141 million to 210 million yuan with a year-on-year (YoY) increase of 120.21%-227.97%.
In terms of innovation, the company continues to innovate with technology. It was the first to fabricate the mass-produced application-level under-screen camera solutions, the world’s highest refresh rate 144 Hz AMOLED screen, and the industry’s first 3D hyperboloid flexible-screen smartwatch as well as customized flexible-screen curved watch.