JIC Leasing lately invested RMB 370 million to support the development of the 6th-generation active-matrix organic light emitting diode (AMOLED) industry. Representing the latest development of the organic light emitting diode (OLED) display technology and a new flat panel display industry, AMOLED is a core basic component of the electronic information industry, and a key sector with prioritized governmental support.

Higher level of informatization is reflecting in the emergence of various technologies, such as the Internet of Things, cloud computing and big data, and several products, such as wearable devices, VR/AR (virtual reality/augmented reality) devices, car monitors, medical facilities, and public information display devices. This has raised the bar for display devices, which are now expected to have quicker response, brighter colors, wider viewing angle, low energy consumption, and low costs. In this context, AMOLED is universally accepted as the “next-generation display technology”, due to its superiority over the traditional liquid crystal display (LCD) technology in terms of energy consumption, flexibility, black level, contrast, viewing angle, color gamut, and color uniformity. The explosion of demand for smart terminals will drive the rapid growth of the AMOLED market. Many international research institutions predict that the share of AMOLEDs used on smart terminals will exceed by 50% by 2020.

The electronic information industry is one of the strategic targets of JIC Leasing. In line with the requirements of the government’s industry policy, JIC Leasing supports the development of China’s high-end electronic information enterprises, provides financial support for industrial upgrade, and actively contributes to the real economy.