With a total investment of 1.05 billion, Baco Optoelectronics’ Huai’an Mini/MicroLED project is partially put into production

On August 9, Huai'an District announced that a number of die bonding machines, patch machines, and industrial robots have been introduced into the Hongshi Optoelectronics Technology display screen production project workshop. Currently, the workshop is partially put into production and has reached the standard in July. It is expected to be fully put into production this year, with invoice sales exceeding 100 million yuan.

Image source: Released by Huai'an District

It is reported that the total investment of Hongshi Optoelectronics Technology's display production project is 1.05 billion yuan, covering a total area of 65.4 acres, and it is planned to build 5 factories, a testing workshop, and a dormitory building. After the project is put into production, it can produce 31,200KK pixel devices annually.

According to data, Jiangsu Hongshi Optoelectronics was established in 2023 and is a wholly-owned subsidiary of Shenzhen Baco Optoelectronics Technology Co., Ltd. Hongshi Optoelectronics mainly produces Mini and Micro LED high-definition displays. The products are widely used in full-scene studio centers, video conferencing, traffic command, data visualization, xR virtual shooting and cinema fields. The products are mainly exported to Europe, America, Southeast Asia and other countries.

Baco Optoelectronics was founded in 2008. The company is headquartered in Guangming New District, Shenzhen. It is a national high-tech enterprise specializing in the research and development, production, sales and engineering services of LED optoelectronic products. It has accumulated more than ten years of experience in LED display production and research and development. At present, Baco Optoelectronics has self-developed small-pitch COB series, stage rental, commercial display and other LED displays.The product has the advantages of being thin and light, high refresh rate, high brightness, high stability, and full and bright colors.