The first three quarters of this year, BOE's revenue reached 69.4 billion yuan, mainly from the LCD screen, accounting for less than 15% of service revenue; plan 2022 revenues of nearly 300 billion yuan, the proportion of service revenue increased to 40%
A company doing display business running art trading, medical services and smart retail? Yes! This is a big idea to open up, from BOE Technology Group founder and chairman Wang Dongsheng, he is turning these into reality.
In 2017 BOE Global Innovation Partners Conference, Wang Dongsheng proposed that artificial intelligence and gene technology will detonate the fourth industrial revolution and make mankind into a smart society. The 15 years from 2016 to 2030 are the 1.0 era of Internet of things.
In order to seize this opportunity, BOE will apply its technologies of display, sensor, artificial intelligence and big data to various segments so as to rapidly expand its two new business segments, namely, wisdom system and medical health, and strive to double its revenue in the next three years .
At present, there are 20 billion IoT ports and will reach 1 trillion in 2035. Everyone will have over 100 smart ports in areas such as education, transportation and communications. The Internet of Things (IoT) will provide communications, retail, medical and education industries with more than 100 smart ports For example, electronic payments will reduce the waiting time for 88% of customers, and smart treatment will reduce the cost of treating 50% of patients with chronic diseases.
BOE repositions itself to transform IoT companies that provide smart port products and professional services to information exchange and human health, hoping to double operating revenue over the next three years and achieve stable profit growth. In the first three quarters of this year, BOE's operating income reached 694 100 million yuan, mainly from the LCD screen, accounting for less than 15% of service revenue; plan 2022 operating income reached nearly 300 billion yuan, the proportion of service revenue increased to 40%.
BOE Road Internet for three years to double its revenue
2018 is the first year of BOE restructuring, the company will inevitably accelerate the integration of software and hardware, application integration.
Show business groups to enhance smart phones, tablet PCs, notebooks, monitors, TV panel market share in the five major markets at the same time, will actively car, wear, white electricity, electronic signage, electronic signage, VR and AR and other fields to accelerate in The layout of the Internet of Things. There are three major priorities for the future, first of all, to build a 8K ultra-high definition display of ecology, and devices, software, 整机, operators together to promote; followed by layout of flexible OLED display applications to meet the mobile products, wear, automotive, medical Such as the demand for flexible display; the third sensor subversive innovation in gene sequencing, molecular antennas, photoelectric sensors, security sensors, multi-sign sensing to speed up the development.
Intelligent system business group, including Chi service, smart retail, smart car, smart energy business 4. BOE has Hezhi, Suzhou set up a Chi factory, and build a service maker's iMaker cloud platform; smart retail, through 'Painting screen' set up art exhibition and enjoy the cloud platform, set up a digital retail platform through the electronic tag; Wisdom Car Union, car display cut, the development of the entire car electronic systems; smart energy, involving photovoltaic power plants, smart lighting.
Health Care Business Group provides five life-cycle services ranging from prevention, diagnosis and treatment, rehabilitation to the provision of nursing care, including mobile health, digital hospital, health park, regenerative medicine and life insurance. To build six hospitals and other places, the total bed over 10,000, a considerable strength of medical groups.
To achieve this ambitious blueprint, we must open up the cooperation. BOE's strategy for the Internet of things is to speed up the opening of the application side, the technology side, the realization of semiconductor chips, displays, a variety of devices and software integration, that 'open both ends, with' .
Taking smart retail as an example, BOE cooperated with Alibaba and France SES to apply the electronic price tag system to Hangzhou Intime New Retail Experience Store and Box Ma Xian Sheng Supermarket to establish a seamless online-offline platform. At the same time, BOE cooperated with SAP , Together to provide smart retail solutions.
The global internet of things market is expected to grow from $ 1.1 trillion in 2017 to $ 27.6 trillion by 2030. BOE is changing its DNA from the display area to the medical and retail industries and beyond in the next five years Expand more than 100 market segments, providing 6 billion smart windows.