TCL is making a huge leap forward with the announcement of a new multi-billion-dollar OLED factory, specifically aimed at producing screens for monitors, laptops, and tablets. The innovative plant will utilize an inkjet manufacturing process that is expected to reduce production costs significantly.

Currently, the market for OLED screens is dominated by a small number of suppliers, namely LG and Samsung. TCL’s entry into this space comes as a welcome change, potentially enhancing pricing competition and increasing availability.

According to reports, TCL will invest over $4 billion into the facility, known as T8, located in Guangzhou, China. The factory plans to adopt an 8.6-generation production process, allowing for the creation of substantial OLED substrates, which can be cut down to form various screen sizes. As of now, TCL only produces smaller OLED panels for devices like smartphones and laptops on a 5.5G process.

The inkjet process employed by TCL is anticipated to lower production costs by about 20% compared to traditional deposition methods. This could lead to more affordable monitor and laptop prices, although external factors such as tariffs and inflation could impact these savings.

While the TCL factory is under construction, mass production is projected to begin in late 2027, leading many to speculate on future offerings in the OLED monitor market. The push towards monitors and laptops first could signify a shift in tech prioritization, with potential benefits for consumers seeking advanced display technologies.