Bangkok, Thailand – May 11, 2025 – In a bold move to strengthen its global footprint, Tianma Microelectronics, a leading innovator in display technology, has announced a 10.8 billion RMB (approx. $1.5 billion USD) investment to establish a state-of-the-art display module manufacturing facility in Thailand. This strategic initiative underscores Tianma’s commitment to meeting rising international demand while leveraging Southeast Asia’s competitive advantages in supply chain efficiency and market accessibility.
A Strategic Expansion
To better implement its corporate development strategy, the board of directors has approved the establishment of two subsidiaries in Singapore. Through these Singaporean subsidiaries, a Thai subsidiary will be set up to invest in and construct the Thai factory, which will primarily engage in the production and manufacturing of display modules. The total investment for the project amounts to $1.5 billion, with the company contributing $750 million of its own funds and the Thai subsidiary obtaining a bank loan of $750 million.
Tianma’s decision to invest in Thailand is a multifaceted strategy aimed at leveraging the region’s growing demand for high-quality display modules while also tapping into the local talent pool and supply chain infrastructure. The establishment of this factory is expected to create significant employment opportunities and contribute to the economic development of the region. Moreover, it will enable Tianma to better serve its customers in the Asia-Pacific region and beyond, ensuring timely delivery and enhanced customer support.
Technological Innovation and Market Leadership
Tianma has consistently demonstrated its prowess in the display technology sector. Data shows that in the first quarter of 2025, the company’s operating revenue reached $1.25 billion, with an annual growth of 7.25%. Its net profit attributable to the parent company was $145 million, with an annual improvement of $600 million. The net cash flow from operating activities was $330 million, up 37.51% annually. This growth is driven by its robust portfolio of products.
Diversified Business Growth
Tianma’s business strategy is characterized by a diversified approach that targets various segments of the display market. In smartphone display segment, Tianma’s flexible AMOLED production lines in Wuhan have shown significant improvements. The flexible AM-OLED production line in Xiamen achieved a monthly output of over 4 million units in March alone. In 2024, the company ranked third globally in shipments of flexible AM-OLED smartphone main screens.
Automotive display business has experienced remarkable growth, with revenues increasing by over 30% in the first quarter of 2025. This growth is fueled by the rising demand for advanced display solutions in the automotive industry, where Tianma’s LTPS product solutions have played a pivotal role in the launch of new models by leading brands.
In addition to its automotive and smartphone display businesses, Tianma is also making significant strides in the IT and professional display sectors. IT display business is poised for growth, with ongoing investments in R&D aimed at developing next-generation display technologies. The Professional display segment has also shown robust performance, with revenues and profits growing both year-over-year and quarter-over-quarter.
Sustainability and Efficiency
Tianma’s commitment to sustainability and operational efficiency is evident in its strategic planning. The company has been actively working to optimize its cost structure, resulting in a notable decrease in cost and expense ratios. This focus on efficiency is crucial in maintaining competitiveness in a rapidly evolving market. By investing in advanced manufacturing processes and leveraging cutting-edge technology, Tianma aims to achieve higher production efficiency and lower environmental impact.
Looking Ahead
The establishment of the Thailand factory is a significant milestone in Tianma’s journey towards becoming a global leader in display technology. This investment reflects the company’s confidence in the future growth of the display market and its determination to stay at the forefront of technological innovation. As Tianma continues to expand its global presence, it remains committed to delivering high-quality, innovative display solutions that meet the evolving needs of its customers.
