China-based TCL Group will set up an 11th-generation (11G) TFT-LCD and AMOLED factory in Shenzhen City, southern China, on a joint-venture basis with China Star Optoelectronics Technology (CSOT), a TFT-LCD panel maker belonging to the group, and Shenzhen City Government, with the total investment estimated at CNY46.5 billion (US$6.96 billion), according to China-based Securities Times.
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