Recently, the Opening Ceremony of Qingdao Optoelectronics Industrial Park (Phase II) was held in Qingdao West Coast New Area. The Project effectively fills the gap in Qingdao's upstream material field of optoelectronic display, and can further enhance Qingdao's R&D and production capacity and international competitiveness in the field of high-end optoelectronic display.

It is reported that Qingdao Fusion Photoelectric Technology Co., Ltd., which is put into production this time, is the first start-up project of Qingdao Optoelectronics Industrial Park (Phase I). The project product is a key material for the upstream of the new display industry, and is also a core product that breaks through foreign technology monopoly and becomes a domestic alternative. Qingdao Optoelectronics Industrial Park has a total investment of RMB 47.5 billion, and four projects in Phase I has a total investment of RMB 16 billion. Among them, the Research Institute and High-End Equipment Project was officially put into operation in July. This project has multiple laboratories, R&D centers and high-end equipment manufacturing bases, and focuses on R&D and manufacturing of semiconductor high-end equipment such as photoelectric display and new silicon carbon materials, and provides complete sets of technology and equipment solutions for subsequent projects in the industrial park. Qingdao Optoelectronics Industrial Park Project (Phase II) started this time is planned to be put into operation at the end of 2023, and will be put into full production by the end of 2024.