Visionox partners with Huawei for next-gen foldable smartphones

Visionox, a China-based display maker has been in the news for quite some time for its innovative technologies. Now, the company has partnered with Huawei for the next-generation of foldable smartphones.

The report, citing people aware of the matter, says that Visionox will now be the screen supplier for the next-generation of foldable smartphones coming from Huawei. Apart from this, both companies also seem to have partnered up for under-display camera technology.

Currently, Huawei is sourcing display panels for the foldable smartphones from Samsung Display. It is said that the Huawei Mate X2 uses panels from Samsung but going forward, it will switch to Visionox, in line with the company’s move to align itself to domestic vendors to reduce its reliance on other companies outside of China.

As per the report, Visionox’s orders for Huawei this year is expected to reach 2.5 billion yuan. The semi-annual report reveals that Visionox achieved an operating income of 1.165 billion yuan in H1 2020, representing an increase of 4.44 percent.

However, the net profit for the company declined significantly to 92 million yuan, which is about 47.30 percent. So, to cover up, the company is now focusing more on newer technologies like foldable displays.

A couple of months ago, Visionox had confirmed that the company’s under-screen camera technology is ready for mass-production and has achieved one of the best display results. It has used transparent OLED panels on devices, resulting in a balanced offering of display quality and photographic performance.

Source: https://www.gizmochina.com/

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