A subsidiary controlled by Terry Gou , founder and chairman of the world’s largest contract assembler of consumer electronics Hon Hai Precision Industry Co., Ltd. , held a ground-breaking ceremony for a new Gen 10.5 8K display plant in the Chinese city of Guangzhou on Wednesday. The 61 billion yuan industrial area construction is the largest industrial investment Guangzhou has seen, expected to produce 90,000 display screens per month when fully operational, bringing in an annual productional value of 92 billion yuan , according to Chinese media.