Advertisement
Canada markets closed

  • S&P/TSX

    24,162.83
    +194.33 (+0.81%)
     

  • S&P 500

    5,751.07
    +51.13 (+0.90%)
     

  • DOW

    42,352.75
    +341.16 (+0.81%)
     

  • CAD/USD

    0.7369
    -0.0010 (-0.13%)
     

  • CRUDE OIL

    74.45
    +0.74 (+1.00%)
     

  • Bitcoin CAD

    84,267.35
    +21.08 (+0.03%)
     

  • XRP CAD

    0.72
    -0.01 (-0.89%)
     

  • GOLD FUTURES

    2,673.20
    -6.00 (-0.22%)
     

  • RUSSELL 2000

    2,212.80
    +32.65 (+1.50%)
     

  • 10-Yr Bond

    3.9810
    +0.1310 (+3.40%)
     

  • NASDAQ

    18,137.85
    +219.38 (+1.22%)
     

  • VOLATILITY

    19.21
    -1.28 (-6.25%)
     

  • FTSE

    8,280.63
    -1.89 (-0.02%)
     

  • NIKKEI 225

    38,635.62
    +83.56 (+0.22%)
     

  • CAD/EUR

    0.6709
    +0.0024 (+0.36%)
     

China's BOE Technology to set up AMOLED production line worth $8.8 billion

Reuters

BEIJING (Reuters) - BOE Technology Group Co Ltd said on Tuesday that it and partners plan to invest 63 billion yuan ($8.81 billion) to set up AMOLED production line in the southwestern Chinese city of Chengdu.

The project's products will mainly be high-end touch screens such as those on laptops and tablets, BOE said in a filing to the Shenzhen stock exchange.

($1 = 7.1527 Chinese yuan renminbi)

(Reporting by Beijing Newsroom; Editing by Louise Heavens)