The local government of China's Guangzhou province announced that it now offers large subsidies (up to $285 million USD per company) to encourage emerging technology production in the province.

LG Display 8.5-gen OLED TV fab in Guangzhou, China

The government announced a list of emerging display technologies - which include OLEDs, quantum dot displays, e-paper displays, graphene enhanced display technologies - and microLED displays.

The subsidies will be given to companies that start trial production, and further subsidies will be available when mass production begins.



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