xiaomi invests in chinese oled manufacturer zhiyun

The leading OLED manufacturer in China is the Dalian Zhiyun Automation Company and it specializes in the production of LCD, OLED, and mini LED technologies. According to the latest information, Xiaomi has invested over CNY143 million ($20 million) and gets in return 15,5 million shares, which is exactly 5.63% of the company’s total.

The deal was done with Tan Yongliang, the executive owner of the Zhiyun company. It is the biggest Chinese company that delivers technologies for imaging panels and works closely with manufacturers like BOE, Huaxing, Tianma, and Visionox – all competitors to…

Link: https://www.gsmdb.com/gsmarena/xiaomi_invests_in_chinese_oled_manufacturer_zhiyun-news-43558.php