China is becoming the world's largest LCD panel market. With the launch of many high-generation lines, production continues to increase. Global market research firm IHS data shows that in the first half of 2018, BOE (BOE) smartphone LCD screen, tablet display , notebook display, display display, TV display, the five major categories of products are ranked first in the world.
In the past, Japan, South Korea and Taiwan Province of China had higher market share and technical advantages. As the scale of China's panel industry became more and more obvious, the above regions began to be unable to compete with China in the traditional LCD panel field. China panel company BOE (BOE) released its 2018 semi-annual report, which achieved revenue of 43.474 billion yuan in the first half of the year.
Overall, however, shipments of large-size LCD panels in the first half of 2018 were not as good as expected, but the sales season in the second half of the year is gradually coming. It is expected that shipments of large-size panels will show signs of recovery. BOE has such achievements. In addition to the huge amount of products, the size upgrade and the production of AMOLED screens are also the reasons.
BOE (BOE) The 10.5th generation TFT-LCD production line is mass-produced, and the shipment of large-size ultra-high-definition displays has increased significantly. BOE (BOE) has cooperated with a number of color TV brands in 8K. Meanwhile, the 6th generation of flexible AMOLED production lines in Chengdu The flexible display products have been applied to many brands around the world.
BOE (BOE) also provides integrated solutions for the Internet of Things in areas such as smart retail, digital art, smart transportation, smart home, smart healthcare, etc. The author believes that this is also the direction that other Chinese panel companies should pay attention to. It is necessary to expand new markets and develop new technologies so that they can succeed in a changing market.