Posiflex Technology currently is the globally fifth largest own-brand POS device maker, next to HP, Toshiba, NCR and Diebold Nixdorf, and aims to advance to become the third largest by hiking its market share in West Europe, according to company chairman and president Chen Mao-chiang.

Following the release of a carbon neutral white paper in May, Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry, released the “2021 FII CSR Report” on June 6. In the CSR report, FII disclosed that it has accumulated nearly 800 patents related to clean technology, and the revenue generated by the application of clean technologies or products in 2021 totaled approximately CNY177.694 billion (US$17.65 billion), accounting for 40.54% of the total revenue.

Samsung Display is reportedly constructing an 8.5G line for the production of OLED panels with fellow China-based peers, including BOE Technology and InfoVision Optoelectronics (Kunshan), likely to follow suit by setting up next-generation OLED fabs, according to industry sources.